Printer Friendly
The Free Dictionary
906,065,210 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Income baskets

    0.06 sec.
Income baskets
Category to which certain income is allocated. Losses in one basket may not be used to offset gains in another basket. Specified in U.S. tax code.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
For tax years beginning after 2006, AJCA Section 404 consolidates the nine FTC baskets into passive income and general income baskets.
Forms of overseas operations: this two-part article explores the ... by Shum, Michael G. / The Tax Adviser
Any remaining related-person interest (after Step 2) is apportioned to other income baskets based on either gross income or asset value, as provided in Temp.
A guide to foreign corporation E&P by Soltis, Sandra / The Tax Adviser
Rents and royalties received from a CFC are treated as income in separate baskets to the same extent such expenses are allocated to the CFC's income baskets (Regs.
A guide to foreign corporation by Soltis, Sandra / The Tax Adviser
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.