Examples of Taxable Income in a sentence
The income tax levied by City of Garfield Heights at a rate of two percent (2%) is levied on the Municipal Taxable Income of every person residing in and/or earning and/or receiving income in City of Garfield Heights, Individuals.
The exemption shall be in effect until such time as the retiree receives Municipal Taxable Income taxable to the City of Garfield Heights, at which time the retiree shall be required to comply with all applicable provisions of this ordinance/chapter.
The main alteration is in the deduction of losses incurred in determining the Taxable Income and the CSLL calculation base.
Retirees having no Municipal Taxable Income for City of Garfield Heights income tax purposes may file with the Tax Administrator a written exemption from these filing requirements on a form prescribed by the Tax Administrator.
The existing text of subdivision (a) of such section is designated as subdivision (b) and is amended to read as follows: (b) Unincorporated Business Taxable Income.