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What does taxable income mean?
Taxable income refers to an individual's (or corporation's) gross income, adjusted for various deductions allowable by statute.
wiseman|Points 709|
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Asked 9/8/2011 1:36:58 PM
Updated 7/28/2015 3:53:22 AM
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This answer has been confirmed as correct and helpful.
Edited by selymi [7/28/2015 3:52:50 AM], Confirmed by selymi [7/28/2015 3:53:22 AM]
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Questions asked by the same visitor
What is an assumption risk?
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Not Answered
Updated 8/13/2014 3:37:58 AM
1 Answer/Comment
Assumption of risk is a defense in the law of torts, which bars or reduces a plaintiff's right to recovery against a negligent tortfeasor if the defendant can demonstrate that the plaintiff wanted and assumed the risks at issue inherent to the dangerous activity in which he was participating at the time of his injury.
Added 8/13/2014 3:37:58 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [8/13/2014 3:48:57 AM], Rated good by jeifunk
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