| NOUN | a taxable income | taxable incomes |
NOUN article.ind sg | pl
2 translations
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Usage Examples English
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- The form calculates the total taxable income of the taxpayer and determines how much is to be paid or refunded by the government.
- Medicare taxes of 2.9% now (2013) have no taxable income ceiling.
- In 2015, the taxable income in Espoo was 40% higher than in the rest of Finland.
- For traditional accounts, contributions may be deducted from taxable income and withdrawals are added to taxable income.
- West Virginia personal income tax is based on federal adjusted gross income (not taxable income), as modified by specific items in West Virginia law.
- was unconstitutional under the Sixteenth Amendment to the extent that the statute purported to tax, as income, a recovery for a nonphysical personal injury for mental distress and loss of reputation not received in lieu of taxable income such as lost wages or earnings.
- State and local taxable income is determined under state law, and often is based on federal taxable income.
- Income-tax systems often make deductions available that reduce the total tax liability by reducing total taxable income.
- 2 percent of Maryland taxable income. Local officials set the rates and the revenue is returned to the local governments quarterly.
- The difference between a true flat tax and a marginally flat tax can be reconciled by recognizing that the latter simply excludes certain types of income from being defined as taxable income; hence, both kinds of tax are flat on taxable income.
- 25%; however, 50% of federal income tax payments may be deducted before computing taxable income, leading to an effective rate of 5.2%.
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Contains translations by TU Chemnitz and Mr Honey's Business Dictionary (German-English only).
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