Income year definition

Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;
Income year means any year or accounting period ending on the Balance Date;
Income year means, with respect to entities subject to the insurance premiums tax under chapter 207, the corporation business tax under this chapter or the utilities company tax under chapter 212, the income year as determined under each of said chapters, as the case may be;

Examples of Income year in a sentence

  • Income year means the calendar year starting 1st January and ending 31st December.

  • Subdivision (6) of subsection (a) of section 12-217gg of the general statutes is repealed and the following is substituted in lieu thereof (Effective October 1, 2014): (6) "Income year" [shall have] has the same meaning as provided in subdivision (5) of subsection (a) of section 12-213.

  • As such, there is somewhat of a distortion between the cash paid and the expenses shown in the Statement of Income year to date.

  • Income year" means a period from the first day of Shrawan (tentatively 15 July) of any year to the last day of Ashad (tentatively 14 July) of the next year.

  • Some delegations indicated the Member States did not wish to micromanage the allocation of Discretionary Income year after year and therefore felt it was appropriate at this juncture to review the budget structure under the leadership of the Director General.


More Definitions of Income year

Income year means, in respect of the income of any person, the year in which that income has been derived by that person;
Income year means (A) with respect to corporations subject to taxation under chapter 208, the income year as determined under said chapter, (B) with respect to insurance companies, hospital and medical services corporations subject to taxation under chapter 207, the income year as determined under said chapter, and (C) with respect to taxpayers subject to taxation under chapter 229, the taxable year determined under chapter 229;
Income year means the Business Firm's Income Year, as defined in C.G.S. Section 12-213(a)(5).
Income year means the income year as determined in chapter 207 for the taxpayer;
Income year means a period from the first day of Shrawan (15 July) of any year to the last day of Ashad (14 July) of the next year.
Income year means with respect to entities subject to taxation under chapters 207 to 212a, the income year as determined under each of said chapters, as the case may be.