non-taxable income

  • 1non-taxable income — Income that is specifically exempt from tax. Examples of such income include: • income received under a maintenance agreement or court order in cases of divorce or separation; • income from National Savings Easy Access Savings Accounts; • income… …

    Accounting dictionary

  • 2non-taxable income — Income that is specifically exempt from tax. Examples of such income include: • income received under a maintenance agreement or court order in cases of divorce or separation; • income from National Savings Easy Access Savings Accounts; • income… …

    Big dictionary of business and management

  • 3non-taxable — UK US adjective ► ACCOUNTING, TAX used to describe income, an asset, etc. on which you do not have to pay tax: »Profits from exports are non taxable for up to six years. »non taxable income …

    Financial and business terms

  • 4taxable income — Income liable to taxation. It is calculated by deducting income tax allowances and any tax deductible expenses from the taxpayer s gross income. Compare non taxable income See also total income …

    Big dictionary of business and management

  • 5taxable income — Income liable to taxation. It is calculated by deducting income tax allowances and any other tax deductible expenses from the taxpayer s gross income. See: non taxable income …

    Accounting dictionary

  • 6non-taxable — /nɒn tæksəb(ə)l/ adjective which is not subject to tax ● non taxable income ● Lottery prizes are non taxable …

    Dictionary of banking and finance

  • 7Income taxes in Canada — constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the last fiscal year, the government collected roughly three times more personal income taxes than it did corporate… …

    Wikipedia

  • 8Non-qualified stock option — Non qualified stock options are stock options which do not qualify for the special treatment accorded to incentive stock options. Incentive stock options are only available for employees and other restrictions apply for them. For regular tax… …

    Wikipedia

  • 9Income tax in India — The Indian Income Tax department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance.The government of India imposes an income tax on taxable income of individuals, Hindu …

    Wikipedia

  • 10Income tax in the United States — UStaxationThe federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates, and certain bankruptcy estates. Some state and municipal… …

    Wikipedia