Income taxation refers to the process of the government collecting money from individuals or businesses based on the income they earn. It is a way for the government to generate funds to pay for public services and projects. Full definition
And thanks to the notorious depletion allowance, the oil and mining sectors likewise operated free of income taxation for many decades. (michael-hudson.com)
The discussion of federal income taxation presented below supplements the discussion in the fund's prospectus and only summarizes some of the important federal tax considerations generally affecting shareholders of the fund. (sec.gov)
Well, because this end - of - the - year legislation extends prior legal protection from income taxation of any forgiveness of mortgage debt in a short sale. (aboutfloridalaw.com)