Pages • 1
Tax Note Gross Income-What is taxable income?1.There must be economic benefit2.The income must be realized (value change+ transaction done)3.The income must be recognized.-Gross income defined (not all-inclusive)1.compensation.包括fees, commissions, fringe benefits2.Gross income derived from business/Distributive share of partnership gross income3.Gains derived from dealings in property4.Interest5.Rents6.Royalties7.Dividends8.Alimony and separate maintenance payments9.Annuities/Pensions10.Income from life insurance and endowment contracts捐赠合同11.Income from.
Related Essay Topics:
Accounting Methods1.Cash MethodEconomic Benefit2.The IncomeGross IncomeTaxable Income