Income

From Health Encyclopedia

Contents 1 Used for 2 See for 3 Broader Terms 4 Narrower Terms 5 Facts (generated by robot; please edit if you find it inaccurate)

Used for

salary

See for

wages

Broader Terms

socioeconomics

Narrower Terms

low socioeconomic status

Facts (generated by robot; please edit if you find it inaccurate)

• Not all income is taxable – and you’re only taxed on ‘taxable income’ above a certain level.
• Nonetheless, income is extraordinarily concentrated today.
• ) At the national level, environmental income is also important, not only to the poor, but to national economies.
• The income is not the subject of the tax: it is the basis for determining the amount of the tax.
• Unrelated business income is income from a trade or business, regularly carried on, that is not substantially related to the performance by the organization of its exempt purpose or function except that the organization needs the profits derived from this activity.

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