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Taxable income (view source)

Revision as of 20:40, September 1, 2007

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Taxable income is the income against which tax rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions.

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'''Taxable income''' is the income against which [[tax]] rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions.

[[category:law]]

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