Examples of Qualifying Income in a sentence
The MAS has also clarified that if such debt securities are subsequently redeemed prematurely pursuant to such standard early termination clauses before the 10th year from the date of issuance of such debt securities, the tax exemption granted under the QDS Plus Scheme to Qualifying Income accrued prior to such redemption will not be clawed back.
The Administrator shall approve a Rental Applicant as a Qualified Tenant if the Rental Applicant: (1) is earning Qualifying Income for an average of at least thirty hours per week, or (2) demonstrates an intent to earn Qualifying Income for an average of at least thirty hours per week.
The combined Qualifying Income of all Ownership Applicants, their Spouses, and Contributing Occupants.
The Administrator shall approve an Occupant as a Qualified Occupant if the Occupant does not own or control any interest or right in the Subject Property whatsoever, and provides documentation that the Administrator acknowledges is sufficient to verify that the Occupant: (1) is under twenty-one years of age; (2) is a member of the Qualified Owner’s Immediate Family; (3) is Disabled; or (4) is earning Qualifying Income for an average of at least thirty hours per week.
Your Modified Adjusted Gross Income does not exceed the Adjusted Qualifying Income: You are not subject to any recapture tax at all.