Thread: Income Tax

  1.   Income Tax #1
    Rich Brown
    Rich Brown is offline
    what is the supreme court's definition of income?

    Category: CA - California Bar Exam
    Reply With Quote Reply With Quote  
  2.   income tax #2
    Rich Brown
    Rich Brown is offline
    Are wages as an employee exempt from income tax?

    Category: Pre-Law
    Reply With Quote Reply With Quote  
  3.   Re: Income Tax #3
    mm
    mm is offline
    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.
    [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?
    Reply With Quote Reply With Quote  
+ Reply to Thread
« Previous Thread | Next Thread »