Income Legal Definition Black S Law
Capital noun in political economy mat portion of the.
Income legal definition black s law. The great irs hoax book section 6 7 1. If you don t find a word you are looking for let us know we will add it for you and send you the definition. Money goods or other economic benefit received. Black money includes all funds earned through illegal activity and otherwise legal income that is not recorded for tax purposes.
We looked at five different legal dictionaries and a collegiate dictionary for the term united states. Related legal terms definitions. Revenue as applied to the income of a government this is a broad and general term. P the compensation for family members 15 and older in the same household.
This dictionary is based on black s law dictionary 2nd edition with a large volume of additions for all of your legal dictionary needs. Definition of family income. Black s law dictionary removed definition of united states source. Braun s appeal 105 pa.
The return in money from one s business labor or capital invested. Higher amounts of black money in the economy often lead to. In the civil law. Nearly every area of the law has undergone change and develop ment since publication of the fifth edition in 1979.
Under income tax laws income can be active through one s efforts or work including management or passive from rentals stock dividends investments and interest on deposits in which there is neither physical effort nor management. It can be wages or other forms p. The 2nd edition has over 15k legal terms for your business and research use. Gains profit or private revenue.
Produce of industry existing in a.