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Character (income tax)

Character is the type of income to calculate the taxpayer's tax liability. In the United States, the Supreme Court decided ( Commissioner v. Glenshaw Glass Co.) that income is an accession to wealth, however capital gain is of different character from ordinary income.

Read it on Wikipedia ยท Version rolled

BasicBottom 3%
8,714SP

Badges15 earned

  1. LonelyNotable+1,369 SP
    Only one article links here.
  2. DustyNotable+1,205 SP
    Not edited in 2+ years. ยท Last edited 2023-01-06
  1. No Short DescriptionBasic+981 SP
    Has no short description.
Basic12
rolled by JarOfToast
JarOfToast rolled Character (income tax) | WikiRNG