Taxes Federal Law and Legal Definition
Congress is empowered to tax "incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration." The Internal Revenue Code is today embodied as Title 26 of the United States Code (26 U.S.C.). Individuals as well as corporations are required to file income tax returns. While corporations are subject to may of the same rules as are individual taxpayers, they are also covered by an intricate body of rules addressed to the peculiar problems of corporations.
Legal Definition list
Related Legal Terms
- Accompanying the Federal Government Outside the United States
- Active Voters [Federal Elections]
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Administrative Committee of the Federal Register
- Administrative Governor [Federal Reserve System]
- Advisory Councils of Federal Reserve System
- Agent [Federal Elections]
- Aggregate Federal Share of Compensation
- Allotment from Federal Employee
