Income Tax
Legal Definition and Related Resources of Income Tax
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Income Tax
A tax on income. The federal government and the States have such a tax both as to corporations and individuals. The tax is computed on either a fiscal or calendar year, at the taxpayer 's election. See Tax.
Related Entries of Income Tax in the Lawi Project
Browse or run a search for Income Tax in the legal resources (including dictionaries and American law definitions), the Asian legal platform, the European law platform, the British legal resources or the Latin American and Spanish platform and publications (Lawi) about law in the world.
Income Tax in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Income Tax in historical law and the evolution of legal systems (study).
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Income Tax in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Capital Assets, Capital Loss, Closed Transaction, Cohan Principle, Composite Account Method, Deficiency, False Return, Income Averaging, Profit, Realize, Recapture, Salvage Value.
See also
A federal, state, or local tax that is levied on the... (Read more)
English Spanish Translation of Income tax
impuesto sobre el ingreso (la renta)
Find other English to Spanish translations from the Pocket Spanish English Legal Dictionary (print and online), the English to Spanish to English dictionaries (like Income tax) and the Word reference legal translator.
Income tax in Law Enforcement
Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of income tax.
Resources
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Legal English Vocabulary: Income Tax in Spanish
Online translation of the English legal term income tax into Spanish: impuesto sobre la renta (English to Spanish translation). More about legal dictionary from english to spanish online.
Related to the Legal Thesaurus
Resources
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Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
Law Enforcement Officer
Police Work
Law Enforcement Agency
Further Reading
Corporate Income Tax in the Economic Activity
An introductory concept of Corporate Income Tax may be: a tax based on the income, or profit, received by a corporation
United States Tax Concept of Income Tax
Tax on both earned income, i.e. salaries, wages, tips, and commissions - and unearned income, i.e. interest from savings accounts, dividend, and rents, etc. This is the main source of revenue for the U.S. Government and many states. The U.S. imposed a temporary income tax during the Civil War and the system became permanent with the adoption of the 16th amendment to the U.S. Constitution in 1913. Since 1919 most U.S. states have adopted the tax, as have several cities, beginning with Philadelphia in 1939.
Income Tax
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
See Also
Income Distribution
Bankruptcy
Inequality