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Section 31. Taxable Income Defined - National Internal Revenue Code (NIRC)

Section 31. Taxable Income Defined of National Internal Revenue Code (NIRC). Section 31. Taxable Income Defined. - The term taxable income means the pertinent items of gross income specified in this Code, less the deductio

  • Subjects 9 Bar syllabus groups
  • Codals 48 Primary legal sources

National Internal Revenue Code (NIRC)

Section 31. Taxable Income Defined. - The term taxable income means the pertinent items of gross income specified in this Code, less the deductions and/or personal and additional exemptions, if any, authorized for such types of income by this Code or other special laws.

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