In A Calendar Year. A calendar year is defined as the period beginning on january 1 and ending on december 31, comprising 12 months according to the gregorian calendar. July is the seventh month of the gregorian calendar and has 31 days.it is known for its sunny, warm weather in the northern hemisphere and cold, chilly winters in the southern.

For individual and corporate income, taxes generally coincides with the. Ask a company accountant or a chief financial officer and you.