taxability sentence in Hindi
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- A Rabbi trust may be applicable when one business purchases another business but wants to set aside part of the purchase price and defer payment as well as taxability to the payee upon the satisfaction of conditions to which both parties agree.
- The criteria set forth by the court, including the donor's subjective intention and the lack of effort or obligation on the part of the recipient, became standards by which subsequent courts analyzed the taxability of prizes and awards . 38
- One of the earliest attempts to define income occurred in the case of Eisner v . Macomber, in which the U . S . Supreme Court addressed the taxability of a proportionate stock dividend ( as opposed to a monetary or cash dividend on stock ).
- Regarding the taxability of income in connection with events or activities not involving a government privilege or franchise, the United States Supreme Court stated in " United States v . Sullivan " that gains from illegal traffic in liquor are subject to the Federal income tax.
- The Court was not presented with ( and did not decide ) any issue involving the taxability of " corporate profits " or " corporate gains " or any other kind of income except the gain on the sale of the stock by the " Estate of Arthur Ryerson, Deceased ".
- This firm ( at the time trading under the style of " Messrs . Tattersall " ) has the distinction of setting a judicial precedent on the taxability of unclaimed balances ( purchase moneys for horses that had been paid to the firm but which had gone unclaimed for substantial periods of time by the firm's clients ).
- The bill still " creates a precedent which could be damaging, and the market could have a view that there's always a risk of taxability " retroactive to the June 14, 1996, effective date that's in the bill, said Aaron Barman, head of public finance at Prudential Securities in New York.
- Arguments about the taxability of compensation for personal services, whether called wages, salary, or some other term, may be either constitutional arguments as in " United States v . Connor " ( see below ) or statutory arguments as in " Cheek v . United States ", depending on the details of the argument.
- The Court in this case did not rule on any issue involving the taxability of labor or income from labor, or wages, salary or ordinary " cash " dividends & mdash; where the stockholder actually receives a check from the company, etc . Indeed, the terms " wage " and " salary " do not appear in the text of the decision in " Eisner v . Macomber ".
- Because the Courts of Appeals have reached inconsistent conclusions as to the taxability of ADEA recoveries in general and of the United settlement in particular, compare Downey v . Commissioner, 33 F . 3d 836 ( CA7 1994 ) ( United settlement award is taxable ) with Schmitz v . Commissioner, 34 F . 3d 790 ( CA9 1994 ) ( United settlement award is excludable ), we granted certiorari, 513 U . S .-- ( 1994 ).
- Regarding the non-taxability of imputed income from the performance of household services under U . S . federal income tax law, Professor Andrews wrote : " . . . . it is commonly considered that difficulties of valuation would interpose an insuperable obstacle to any direct inclusion of such items in taxable income . " Commentators Burke and Friel have written : " The exclusion is rather a matter of administrative practice, but no less firmly established for that reason ."
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