21.the gain realized on an exchange of goods. 22.Often,returns.a yield or profit, as from labor or investment. 23.Also calledtax return. a statement on an official form showing income, deductions, exemptions, and taxes due. 24.Usu.,returns.an official or unofficial report on a count of...
income (ˈiŋkəm)noun money received by a person as wagesetc.He cannot support his family on his income.sueldo,salario income tax a tax paid on income over a certain amount.impuesto sobre la renta ˈincome-tax returnnoun
Individual income tax on property leasing refers to the tax on the income received by individuals through the leasing of properties, such as real estate, vehicles, or equipment. The tax is calculated based on the total rental income after deducting relevant expenses such as maintenance costs, ...
enterprise income tax 企业所得税entertainment tax 娱乐税,筵席税entrepot duty 转口税environmental tax 环境税equalization charge/duty 平衡税estate tax 遗产税,地产税examination of deed tax 验契税excess profit tax 超额利润税excessive profit tax 过分利得税exchange tax 外汇税excise on eating, drinking and ...
Money income is defined as income received on a regular basis (exclusive of certain money receipts such as capital gains) before payments for personal income taxes, social security, union dues, Medicare deductions, etc. From: Handbook of US Consumer Economics, 2019 About this pageSet alert Also...
The tax consequences attendant upon the sale and disposition of real estate is not a new problem. The crucial inquiry has always been whether the seller in any given transaction was a dealer taxable at ordinary income rates upon the gain arising from such sale orLevin, Philip D...
whereas the twenty-eighth provision of the detailed rules for the implementation of the Provisional Regulations of business tax stipulates that taxpayers' right to pfer land to use or to sell real estate is to be collected in advance, and that the time of tax payment is due to the day when...
A real estate investment trust, or REIT, is essentially a mutual fund for real estate. As the name suggests, the trust invests in real estate related investments. Investors buy shares in the trust, and the REIT passes income from its holdings to those in
tax rate on income from different sources and from different types of business activities. Income taxes are not owed on the value of gifts, inheritances, or qualified educational scholarships.89However, donors' and decedents’ estates are liable for gift and estate taxes on substantial transfers....