Sentences with phrase «following normal income tax»
Following normal income tax rules, income received or accrued from cryptocurrency transactions can be taxed on revenue account under «gross income».
http://www.livebitcoinnews.com/ Not exact matches
Although the cash value you receive will not count as income and will not therefore follow normal tax rules, there are a couple of exceptions.
A statement that under your normal business practice you would have included income from the destroyed or damaged crops in gross income for a tax year following the year the crops were destroyed or damaged.