Sentence examples for assignment of income from inspiring English sources

Under tax law, these kind of arrangements are called "assignment of income". A person is owed money, but instead of accepting the money, directs that it be given to another person or a charity.

The IRS deemed some Caterpillar transactions between subsidiaries as invalid based on doctrines of "substance-over-form" and "assignment of income," thus creating new taxable income.

But "if he's telling them, 'Pay the money to the foundation,' then that's clearly what we call an assignment of income," said Mirkay.

Lucas v. Earl is a leading case in the area of U.S. income taxation, and stands for the Anticipatory Assignment of Income Doctrine.

In a review of assignment models of income distribution, Sattinger (1993) shows graphically how the aggregate distribution of earnings is constructed from underlying distributions of earnings within occupations.

There is no perfect answer for assignment of multinationals' income to specific tax jurisdictions.

The same approach applies to compensation for the loss of income if a spouse has to stop working because of an international assignment.

In response, Congress passed and President Obama signed — a law to temporarily overturn the Court's decision, effectively endorsing the disproportionate assignment of teachers-in-training to low-income schools without posting any data on the practice.

PROFILE-history of income taxation.

"Security of income against uncertainty.

It's source of income".