Nonapportionable income definition

Nonapportionable income means all income other than apportionable income. “Apportionable income” means all income that is apportionable under the U.S. Constitution. Nonapporationable income is not subject to apportionment, but is allocated.
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Nonapportionable income means all Nonapportionable income. – All
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Nonapportionable income means all income other than apportionable income.
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Examples of Nonapportionable income in a sentence

  • Non-apportionable income is specifically assigned or allocated to one or more specific jurisdictions pursuant to express rules.

  • Non-apportionable income means all income other than apportionable income.••• Reg.

  • Non-apportionable income means all income other than apportionable income.

  • At the same time, in an effort to eliminate delays that prevent caption viewers from understanding a program’s content, there are measures a programmer can take to keep the delay in their presentation of live captions to a minimum, consistent with an accurate presentation of what is said, sothat the time between when words are spoken or sounds occur and captions appear does not interfere with the ability of viewers to follow the program.

  • Nonbusiness Non-apportionable income means all income other than business apportionable income.••• Reg.

  • Nonapportionable income is allocated by assignment based on the type of property that gives rise to the income.

  • Nonapportionable income will be considered only if a detailed explanation is completed and attached.

  • Line 8Nonapportionable Income Nonapportionable income is income that cannot be apportioned due to provisions of the United States Constitution.

  • List any item of dividend income as a positive amount.Line 8Nonapportionable Income Nonapportionable income is income that cannot be apportioned due to provisions of the United States Constitution.

  • Nonapportionable income is specifically assigned or allocated to one or more specific jurisdictions pursuant to express rules.


More Definitions of Nonapportionable income

Nonapportionable income means all income other than apportionable income. Rents, royalties, gains or losses, and interest also can be nonapportionable income if they arise from investments not related to the regular course of the tax‑ payer’s business. Nonapportionable income is allocated to a particular state based upon the source of the income. Gain or loss from the sale of a partnership interest may be allocable to Oregon [ORS 314.635(4)]. The amounts allocable to Oregon must be added to Oregon’s apportioned income. See ORS 314.610 and the supporting administrative rules.
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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 explanation is completed and attached.
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Nonapportionable income means all income other than apportionable income. “Apportionable income” means all income that is apportionable under the U.S. Constitution. Nonapportionable income is not subject to apportionment, but is allocated. G.S. 105-130.4 and the instructions for completing Form CD-405, C-Corporation Tax Return, should be consulted for detailed information regarding nonapportionable income.
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Nonapportionable income means all income other than apportionable income. Rents, royalties, gains or losses, and interest also can be nonapportionable income if they arise from investments not related to the regular course of the
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Nonapportionable income means all income other than apportionable income. “Apportionable income” means all income that is apportionable under the U.S. Constitution. Nonapporationable
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Related to Nonapportionable income

  • 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.

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Disposable income means that part of the income due and payable of any individual remaining

  • Apportionable vehicle means (except as provided below) any Power Unit that is used or intended for use in two or more Member Jurisdictions and that is used for the transportation of persons for hire or designed, used, or maintained primarily for the transportation of property, and:

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Gains means, with respect to any Party, an amount equal to the present value of the economic benefit to it, if any (exclusive of Costs), resulting from the termination of a Terminated Transaction, determined by it in a commercially reasonable manner.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Net Loss means, for each fiscal year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period as determined for federal income tax purposes by the General Partner, determined in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), adjusted as follows: