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Taxable income
Taxable incomeThe income against which tax rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions. RELATED TERMS-------------------------------------- Income The gain which proceeds from property, labor, or business; it is applied particularly to individuals; the income of the government is usually called revenue. Gross Absolute; entire, not depending on another. SIMILAR TERMS-------------------------------------- Taxation The forcible procedure by which Government takes money from the citizens. Taxation law The area of the legal profession dealing with tax matters. Attorneys and other members of the legal profession may become a good ally against government confiscation of your legitimate earnings. PREVIOUS AND NEXT TERMS-------------------------------------- Tare weights. An allowance in the purchase and sale of merchandise, for the weight of the box, bag, or cask, or other thing, in which the goods are packed. It is also an allowance made for tiny defect, waste, or diminution in the weight, quality or quantity of goods. Tariff Customs, duties, toll. or tribute payable upon merchandise to the general government is called tariff; the rate of customs, also bears this name and the list of articles liable to duties is also called the tariff. Tavern A place of entertainment; a house kept up for the accommodation of strangers. Tax court of the united states A judicial body which hears cases concerning federal tax laws. Tax intercept The process by which a child support judgment debtor's federal and state income tax refunds are diverted to pay a support arrearage. Taxable income Taxing costs Practice. The act by which it is ascertained to what costs a party is entitled. Teamster One who drives horses in a wagon for the purpose of carrying goods for hire he is liable as a common carrier. Technical That which properly belongs to an art. Teinds Scotch Law. That liquid proportion of the rents or goods of the people, which is due to churchmen for performing divine service, or exercising the other spiritual functions proper to their several offices Teleological - substantive approach Envisaging a new ius gentium, Friedrich K. Juenger refuted previous conflict of law theories by creating a multistate justice theory of conflicts of law that is founded upon a result-oriented quest for rules that will foster "stability and fairness." Juenger called this result-oriented reasoning quest as teleological analysis, which like functional analysis (supra), is criticized for being uncertain, arbitrary, homeward-looking, and for being a disguised search for equity, rather than a principled application of law. We thank you for using the Juridical Dictionary to search for Taxable income. If you have a better definition for Taxable income than the one presented here, please let us know by making use of the suggest a term option. This definition of Taxable income may be disputed by other professionals. Our attempt is to provide easy definitions on Taxable income and any other medical topic for the public at large.
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