Substantial income definition

Substantial income means that greater than 50 percent of the household’s total adjusted gross income (as determined by IRS Form 1040) is gross farm income (as determined by IRS Schedule F) from the farm operation. Income compliance is subject to verification by the Zoning Administrator prior to the associated rezoning taking effect.
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Substantial income means an income greater than 10 per cent of the current parliamentary salary. If the income from a Member’s total property portfolio (including main and any other homes) is substantial, all the properties from which any income is derived should be registered.
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Substantial income means income derived from the business activities of a business group of one that is sufficient to pay for annual health insurance premiums for that business group of one.
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More Definitions of Substantial income

Substantial income means a percentage of the land's assessed value or a minimum dollar threshold consistent with Category A requirements.
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Substantial income means income derived
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Related to Substantial income

  • Substantial interest means holding of a beneficial interest by an individual or his spouse or minor child, whether singly or taken together in the shares of a company, the amount paid up on which exceeds ten per cent of the paid-up capital of the company; or the capital subscribed by all the partners of a partnership firm.

  • Substantial Involvement means involvement on the part of the Government. DOE's involvement may include shared responsibility for the performance of the Project; providing technical assistance or guidance which the Applicant is to follow; and the right to intervene in the conduct or performance of the Project. Such involvement will be negotiated with each Applicant prior to signing any agreement.

  • Substantial Owner means any person or persons who own or hold a twenty-five percent (25%) or more percentage of interest in any business entity seeking a County Privilege, including those shareholders, general or limited partners, beneficiaries and principals; except where a business entity is an individual or sole proprietorship, Substantial Owner means that individual or sole proprietor.

  • substantial owners means any individuals entitled to more than 10% of the profits of or with an interest of more than 10% in an entity either directly or indirectly.

  • Substantial Amount means, at the time of determination thereof, an amount in excess of 30.0% of total consolidated assets (exclusive of depreciation) at such time of the Borrower and its Subsidiaries determined on a consolidated basis.