Apportionable income means the gross income of the business taxable under the service classifications of a city's gross receipts tax, including income received from activities outside the city if the income would be taxable under the service classification if received from activities within the city, less any exemptions or deductions available.
Apportionable income means adjusted income less nonbusiness income net of
Apportionable income means adjusted income less nonbusiness income net of related expenses, to the extent included in adjusted income.
Examples of Apportionable income in a sentence
Apportionable income is apportioned among jurisdictions by use of a formula.
Apportionable income includes income arising from transactions and activity in the regular course of the taxpayer’s trade or business.
Apportionable income also includes income from tangible and intangible property, if the acquisition, management, employment, development, or disposition of the property is or was related to the operation of the taxpayer’s trade or business.
Business Apportionable income includes income arising from transactions and activity in the regular course of the taxpayer’s trade or business.
Business Apportionable income is apportioned among jurisdictions by use of a formula.
More Definitions of Apportionable income
Apportionable income means all income that is apportionable under the Constitution of the United States and is not allocated under the laws of this state. Apportionable income includes, but is not limited to, income arising from transactions and activity in the regular course of the corporation’s trade or business.
Apportionable income means income arising from transactions and activities in the regular course of an entity’s trade or business. Ap- portionable income includes income from both tangible and intangible property if the acquisition, manage- ment or disposition of the property constitutes integral parts of the entity’s regular trade or business. It includes investment income related to or used in the entity's overall business operations. The following sources of income are considered apportionable income and must be included:
Apportionable income means all Apportionable income. – All income that
Apportionable income means apportionable receipts less the deductions allowable under chapter 82.04 RCW.
Apportionable income means all income that is apportionable under the Constitution of the United States and is not allocated under the laws of this state. Apportionable income includes, but is not limited to, income arising from transactions and activity in the regular course of the corporation’s trade or business. Apportionable income also includes, but is not limited to, income arising from tangible and intangible property if the acquisition, management, employment, development, or disposition of the property is or was related to the operation of the corporation’s trade or business. “Nonapportionable income” means all income other than apportionable income. The classification of income by the labels customarily given them, such as interest, dividends, rents, and royalties, is not conclusive in determining whether the income is apportionable or nonapportionable income. Nonapportionable income will be considered only if a detailed Form MO-NAI is completed and attached.
Apportionable income means gross income of the business generated from engaging in apportionable activities, including income received from apportionable activities performed outside this state if the income would be taxable under this chapter if received from activities in this state, less the exemptions and deductions allowable under this chapter. For purposes of this subsection, "apportionable activities" means only those activities taxed under:
Apportionable income means income arising from transactions and activities in the regular course of a corporation’s trade or business. Apportionable income includes income from both tangible and intangible property if the acquisi- tion, management or disposition of the property constitutes integral parts of the corporation’s regular trade or business. It includes invest- ment income related to or used in the corporation’s overall business operations. The following sources of income are apportionable and must be included: