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Income is increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in increases in equity, other than those relating to contributions from equity participants.
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[F.70] (IFRS Framework)
Sorry, I don't understand your second question about wages. It is expense for the corporation/institution, but it is not exemption for the employee. May I ask under what theory do you think the wages are exempt from income tax for the employees?