Define income tax. income tax synonyms, income tax pronunciation, income tax translation, English dictionary definition of income tax. n. A tax levied on net personal or business income. American Heritage® Dictionary of the English Language, Fifth Edi
respect of dividends received from taxable Canadian corporations, amounts paid or payable by the Trust to Unitholders and such other amounts as may be determined in the Discretion of AdminCo; provided, however, that capital gains and capital losses shall be excluded from the computation of net ...
Taxable-Equivalent Distribution Rate at NAV9.36% Distribution Rate at Market Price6.15% Taxable-Equivalent Distribution Rate at Market Price10.39% Fund Factsas of Nov 30, 2024 Performance Inception01/29/1999 Investment ObjectiveCurrent income CUSIP27826U108 ...
(12) Income from discharge of indebtedness; (13) Distributive share of partnership gross income; (14) Income in respect of a decedent; and (15) Income from an interest in an estate or trust. Comment:Everything that is listed in Section 61, and all other income, is considered "Gross Inco...
Def:Anincometaxisataximposedonindividualsorentities(taxpayers)thatvarieswithrespectiveincomeorprofits(taxableincome).HistoryofIncomeTax ◦IntheearlydaysoftheRomanRepublic,publictaxesconsistedofmodestassessmentsonownedwealthandproperty.Thetaxundernormalcircumstanceswas1%,andsometimeswouldclimbashighas3%insituationssuch...
awendesday wendesday [translate] athe net taxable income of the underlying trust 部下的信任的净应纳税收入 [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 荷兰语翻译 瑞典语翻译 希腊语翻译 51La ...
taxincome taxestateestate taxtrustincome in respect of a decedentIRDbequestcharitycharitable bequestsEstates and trusts are recognizing growing amounts of taxable income from "income in respect of a decedent" (or "IRD"). These are payments attributable to incom...
Financial Definition of Income beneficiary and related terms: One who receives income from a trust. . .
As a commercial income trust, entities have a great deal of latitude in how they structure their businesses. However, filing a Form 1120-REIT with the IRS designates them specifically as real estate investment trusts and requires them to pay 90% of their taxable income in distributions to their...
Taxable income is the portion of your gross income used to calculate how much tax you owe in a given tax year.