Activity

Activity

For the passive activity rules, it's the integral economic unit for measuring a taxpayer's level of participation in a trade or business One location can have more than one business activity For example, you might have an S corporation that sells computers at retail and does typesetting working out of the same location The two may be separate activities On the other hand, two or more related businesses can also be combined into one activity

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Part of Speech: noun
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Industry/Domain: Accounting
Category: Tax
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Related terms

active

Internet; Internet communication

Describes an application or file that currently is operational.

activation

Biology; Neuroscience

The time-dependent opening of ion channels in response to a stimulus, typically membrane depolarization.

activator

Automotive; Automobile

A substance which is used to speed up the process of curing a tire.

activity

Energy; Nuclear energy

The rate of disintegration (transformation) or decay of radioactive material per unit time. The units of activity (also known as radioactivity) are the curie (Ci) and the ...

activation

Energy; Nuclear energy

The process of making a radioisotope by bombarding a stable element with neutrons or protons.

fine

Accounting; Tax

of very high quality, very thin Fine, pregiato, di qualità

ability

Accounting; Tax

ability, is collection of polypedons or parts of them in a map, being members of taxon or sort of miscellaneous unit for which map unit is named. Simple or complex names for the ...

capacity

Accounting; Tax

The ability to perform an internal audit.

capability

Accounting; Tax

The ability to perform an internal audit.

ability-to-pay principle

Accounting; Tax

The idea that taxes should be levied on a person according to how well that person can shoulder the burden.

death tax

Accounting; Tax

A tax imposed on the privilege of receiving property by inheritance or legal succession and assessed on the value of the property received.

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Industry/Domain: Mobile communications Category: Mobile phones

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