Undistributed income definition

Undistributed income means federal taxable income of the closely held corporation, partnership, or other entity plus depreciation claimed on the entity's federal income tax return less a reasonable allowance for economic depreciation.

Undistributed income means federal taxable income of a business entity plus depreciation claimed on the federal income tax return of the business less a reasonable allowance for economic depreciation.

Undistributed income means net income received on or before the date on which an income interest ends.

Examples of Undistributed income in a sentence

• Undistributed income carried forward Statement of movements in capital account 1.

• Un-invested cash.5. Undistributed income to date less expenses.6. Total value of money market instruments.7. Stamp duties.8. Brokerage fee.9. S.E.C. fee.10.

• Undistributed income of a corporation or any partnership in which the parent has an ownership interest sufficient to individually exercise control or to access the earnings of the business, unless the income included is an asset.

• Undistributed income of a corporation, including a closely-held corporation, or any partnership, including a limited or limited liability partnership, in which the parent has an ownership interest sufficient to individually exercise control or to access the earnings of the business, unless the income included is an asset under s.

• Undistributed income of a business entity in which a party has an ownership interest sufficient to individually exercise control over or access to the earnings of the business, unless the income is included as an asset for the purposes of imputing income pursuant to NAC 425.125.

More Definitions of Undistributed income

Undistributed income means income which is assessable to income tax and which has arisen or accrued on or after the 1st January, 2008, and –

Undistributed income. As defined in Section 14.05.

Undistributed income means net income received before the date on which an income interest

Undistributed income means net income received before the date on which an income interest ends. The term does not include an item of income or expense that is due or accrued or net income that has been added or is required to be added to principal under the terms of the trust.

Undistributed income means net income received before the date

Undistributed income means federal taxable income

Undistributed income means, with respect to any Partner, at any date, the excess, if any, at such date, of the positive balance in such Partner's Capital Account over the amount of such Partner's Unrecovered Capital.