personal income
The total income received by an individual from all sources.
personal holding company income 〈美〉私人控股公司所得;私人控股公司收入 由《国内税收法典》〔Internal Revenue Code〕规定,包括利息、股息红利、某些租金和许可费、股东利用公司财产之收入、及个人服务合同之收入、来自不动产和信托财产的分红。此类收入与确定一个公司是否为私人控股公司并应缴纳加于其上的惩罚税有关。
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A holding company that is subject to special taxes and that usu. has a limited number of shareholders, with most of its revenue originating from passive income such as dividends, interest, rent, and royalties. [Cases: Internal Revenue 3850.1–3858, 4120. C.J.S. Internal Revenue §§ 383–386.]
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Personal Responsibility and Work Opportunity Reconciliation Act. A 1996 federal law that overhauled the welfare system, as well as requiring states to provide a means for collecting child support by (1) imposing liens on a child-support obligor’s assets, and (2) facilitating income-withholding. • The Act did away with Aid to Families with Dependent Children in
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personal holding company 〈美〉私人控股公司 被列入私人控股公司的企业,其未分配的所得或盈余,应缴纳一种特别税,即「私人控股公司税」〔Personal Holding Company Tax〕。课以此种特别税的目的在于防止高税级上的人们利用企业组织逃税。凡企业的收入有达80%来自非劳动收入〔passive income〕,其股本有达50%为不足五人的股东所有,则该企业可被列为私人控股公司。
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An amount allowed as a deduction from an individual taxpayer’s adjusted gross income. [Cases: Internal Revenue 3295; Taxation 1031.1, 1048. C.J.S. Taxation §§ 1736–1739.]
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A corporation’s gross income less capital gains and certain expenses. • The IRS uses this calculation to determine whether a corporation is a personal holding company. If 60% or more of a corporation’s AOGI consists of certain passive investment income, the company has met the test for personal-holding-company classification. IRC (26 USCA) § 543(b). —
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adjusted ordinary gross income/AOGI 〈美〉调整后的普通总收入 国内税务署依此来认定一个公司是否属于《国内税收法典》〔I.R.C.〕所规定的个人持股公司。如果一个公司60%以上的调整后普通总收入是由消极投资构成,该公司即属于个人持股公司。公司的总收入减去资本利得、I.R.C.第1231条所规定的所得以及特定费用后,即得出调整后的普通总收入。 (→personal holding company; personal holding company income; passive investment income)
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A legacy of personal property to trustees to be held in trust, with the income usu. paid to a specified beneficiary.