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illegal income

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  • Taxation of illegal income in the United States — In the United States, the Internal Revenue Code (IRC) was enacted by the U.S. Congress in part for the purpose of taxing net income. [ Commissioner v. Tellier , 383 U.S. 687, 691, 86 S. Ct. 1118, 66 1 U.S. Tax Cas. (CCH) paragr. 9319 (1966).] The …   Wikipedia

  • Income tax in the United States — UStaxationThe federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates, and certain bankruptcy estates. Some state and municipal… …   Wikipedia

  • Illegal immigration to the United States — refers to the act of foreign nationals voluntarily resettling in the United States in violation of U.S. immigration and nationality law. Residing in the United States in violation of immigration law is not a crime but a civil infraction. [ Being… …   Wikipedia

  • Illegal immigration — is the migration into a nation in violation of the immigration laws of that jurisdiction. Illegal immigration raises many political, economical, and social issues, and has become a source of major controversy in developed countries and the more… …   Wikipedia

  • Illegal, unreported and unregulated fishing — Illegal fishing takes place where vessels operate in violation of the laws of a fishery. This can apply to fisheries that are under the jurisdiction of a coastal state or to high seas fisheries regulated by regional organisations. Unreported… …   Wikipedia

  • income tax — a tax levied on incomes, esp. an annual government tax on personal incomes. [1790 1800] * * * Levy imposed by public authority on the incomes of persons or corporations within its jurisdiction. In nations with an advanced system of private… …   Universalium

  • Illegal drug trade in Colombia — Stacks of cocaine. Illegal drug trade in Colombia (Spanish: Narcotráfico en Colombia) refers to the practice of producing and distributing illegal drugs with psychoactive effects in Colombia. Colombia has had four major drug trafficking cartels… …   Wikipedia

  • Illegal drug trade in the People's Republic of China — The illegal drug trade in China is influenced by factors such as history, location, size, population, and current economic conditions which are good. China has one fifth of the world s population and a large and expanding economy. Opium has… …   Wikipedia

  • Illegal Dividend — A dividend declared by a corporation that is in violation of its charter and/or of state laws. Should such a dividend be declared, the company s board of directors can be sued by its shareholders and creditors; the company may also face… …   Investment dictionary

  • Measures of national income and output — A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), and net national income (NNI). All are… …   Wikipedia

  • Economic impact of illegal immigrants in the United States — The overall economic impact of Illegal Immigrants to the United States is a contested issue. Historic viewsAccording to a 1998 article in The National Academies Press , many [previous studies] represented not science but advocacy from both sides… …   Wikipedia

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