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Income approach

Income approach, means a method of appraising real property based on capitalisation of the income that the property is

regular income

regular income : income (as wages or pension benefits) that is received at fixed or uniform intervals

Income shifting

Income shifting, means the practice of transferring income to a taxpayer in a lower tax bracket, such as a

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Tax on income

Tax on income, embraces any profit or gain which is actually received or notionally accrued, A Commentary on the Constitution of

Agricultural income-tax law

Agricultural income-tax law, means any law for the time being in force relating to the levy of tax on agricultural

imputed income

imputed income : income calculated from the supposed value of intangible or non-cash sources

ordinary income

ordinary income : income that does not derive from the exchange or sale of capital assets or property used in

net income

net income : the balance of gross income remaining after all allowable deductions and exemptions are taken

investment income

investment income : income (as interest, dividends, annuities, or royalties) that is not derived in the ordinary course of a

income tax

income tax : a tax on the net income of an individual or a business compare excise, property tax

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