An oppressed class under the sway of the feudal nobility, an armed and self-governing association in the mediaeval commune; here independent urban republic (as in Italy and Germany), there
taxable "third estate" of the monarchy (as in France), afterwards, in the period of manufacture proper, serving either the semi-feudal or the absolute monarchy as a counterpoise against the nobility, and, in fact, corner-stone of the great monarchies in general, the bourgeoisie has at last, since the establishment of Modern Industry and of the world-market, conquered for itself, in the modern representative State, exclusive political sway.
According to his ideas, consumption was the sole thing properly
taxable in times of peace.
Distortions in VAT recovery can also arise where a fully
taxable business makes an auxiliary exempt supply, e.g., a manufacturer makes a loan to an affiliate.
The claim of right doctrine requires taxpayers who receive disputed income to treat it as
taxable income if there are no restrictions on how they can use this money When there are restrictions as when the disputed money is in an escrow account--they pay taxes on the disputed amount only when and if they receive the money
The HDC approved the use of $44 million in tax exempt and
taxable bond financing, as well $7.1 million from HDC's corporate reserves, for four developments to be constructed in Manhattan, Brooklyn and the Bronx.
During year 1, Trust receives $100,000 of
taxable income.
On the
taxable side, WR Lazard served as a financial advisor to the Resolution Trust Corp., the quasi-government agency that takes the assets of failed savings and loans and sells them.
A company must still identify and quantify its temporary differences - the differences between book and tax bases of assets and liabilities - rather than timing differences between pretax income and
taxable income.
The first step is to determine the part of the award or settlement that is
taxable. Depending on the type, all or part of the amount paid may be
taxable.
According to the proposed regulations, the final regulations will apply to
taxable years beginning after December 31, 2004.
Commissioner (TC Summary Opinion 2005-57), the court considered whether certain workers' compensation benefits were
taxable as if they were Social Security benefits.
If not properly addressed, the money could be considered
taxable income for the lessee.