Examples of Passive income in a sentence
Passive income from marital property received after the date of separation, including, but not limited to, interest and dividends.
Passive income is treated as general category income if it is earned by a qualifying financial services entity.
Passive income items such as interest, rental income, divi- dends, and the like, will not be included in the denominator nor will the proceeds or net gains or losses from the sale of aircraft be included.
Passive income derived from property of any type shall have the same character for purposes of this agreement as the property from which it is derived.
Passive income is also treated as general category income if it is highly taxed (that is, if the foreign tax rate is determined to exceed the highest rate of tax specified in Code section 1 or 11, as applicable).