internal revenue


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internal revenue

n
(Government, Politics & Diplomacy) US government income derived from taxes, etc, within the country

inter′nal rev′enue


n.
the revenue of a government from any domestic source, usu. any source other than customs.
[1790–1800]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.internal revenue - government revenue from domestic sources (excluding customs)internal revenue - government revenue from domestic sources (excluding customs)
tax income, tax revenue, taxation, revenue - government income due to taxation
References in classic literature ?
The only material outcome of his period of public favor was an appointment as internal revenue collector, an unpopular and uncongenial office which he accepted with reluctance and exercised with leniency.
Parisian households are literally eaten up with the desire to be in keeping with the luxury that surrounds them on all sides, and few there are who have the wisdom to let their external situation conform to their internal revenue. But this vice may perhaps denote a truly French patriotism, which seeks to maintain the supremacy of the nation in the matter of dress.
M2 EQUITYBITES-March 18, 2019-EimskipafA(c)lag Aslands receives ruling from Internal Revenue Board
NORDIC BUSINESS REPORT-March 18, 2019-EimskipafA(c)lag Aslands receives ruling from Internal Revenue Board
Global Banking News-March 18, 2019-EimskipafA(c)lag Aslands receives ruling from Internal Revenue Board
THE Bureau of Internal Revenue (BIR) filed a criminal complaint against a couple for allegedly manufacturing fake cigarettes in a factory-warehouse in Lubao, Pampanga.
The Supreme Court (SC) ruling which increases the share of local government units' internal revenue allotments (IRA) may harm the country's fiscal position, and thus lead to a credit rating downgrade, according to the Department of Budget and Management.
The Supreme Court (SC) has ruled that the "just share" of local government units (LGUs) should be "based on all national taxes and not only on national internal revenue taxes."
Local government units (LGUs) may soon receive a bigger share of the government's revenue collection following a Supreme Court decision stating that they are entitled to a share from taxes collected by other agencies, not just the Bureau of Internal Revenue (BIR).
Darr CPA, MT, is a Revenue Agent and a specialist with the Federal, State, and Local Division of the Internal Revenue Service.
The Internal Revenue Code imposes tax on all income regardless of its source, unless the income is specifically excluded.
In contrast, the Internal Revenue Service has historically been hesitant to make use of whistleblowers, who have thus had commensurately limited effect on revenue collection.

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