Taxable Income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:
Taxable Income means the adjusted gross income of a taxpayer less the deductions and exemptions provided for in this chapter.
Taxable Income or “Taxable Loss” means, respectively, in respect of any Fiscal Year, the amount of income or loss for tax purposes of the Partnership for such period determined in accordance with the Guarantor Agreement and the provisions of the Income Tax Act;
Examples of Taxable Income in a sentence
The Account Owner and Designated Beneficiary acknowledge and agree that the Custodial Account is subject to the provisions of Sections 511-514 of the IRC relating to Unrelated Business Taxable Income (UBTI) of tax-exempt organizations.
More Definitions of Taxable Income
Taxable Income means the adjusted gross income of a taxpayer less the deductions and
Taxable Income or "Tax Loss" shall mean the taxable income or tax loss of the Trust, determined in accordance with Section 703(a) of the Code, for each Fiscal Year as determined for federal income tax purposes, together with each of the Trust's items of income, gain, loss or deduction which is separately stated or otherwise not included in computing taxable income and tax loss.
Taxable Income means, in the case of an individual, federal
Taxable Income means, for any period, the taxable income or loss of Icahn Enterprises for such period for federal income tax purposes.
Taxable Income means wages, salaries and other compensation paid by an employer or employers before any deductions and/or the net profits from the operation of a business, profession or other enterprise or activity adjusted in accordance with the provisions of this chapter.
Taxable Income means any "taxable income" as defined in section 1 of the Income Tax Act;
Taxable Income and “Taxable Loss” means, in respect of any Fiscal Year, the income or loss of the Partnership for such period, including any taxable capital gain or allowable capital loss, determined in accordance with the Tax Act.