Taxable income

Taxable income

What is left after all deductions are taken. This is the amount upon which tax is computed.

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Part of Speech: noun
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Industry/Domain: Outsourcing & offshoring
Category: Business process outsourcing (BPO)
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Related terms

taxable income

Financial services; Real estate investment

Taxable income is a person's estimated income subject to federal, state and local taxation at ordinary rates. It is reported as "taxable income" on the person's federal income tax ...

taxable income

Legal services; Courts

The income against which tax rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions.

taxable income

Outsourcing & offshoring; Business process outsourcing (BPO)

What is left after all deductions are taken. This is the amount upon which tax is computed.

taxable income

Financial services; General Finance

Gross income less a variety of deductions.

taxable income

Law; Legal services; General law

Under federal tax law, this is either the “ gross income ” of businesses or the “ adjusted gross income ” of individuals minus deductions and exemptions. It is the income against ...

taxable income

Health care; Insurance; Managed care; Health insurance

Gross income minus certain deductions and exemptions, from which the income tax due is determined.

program layer

Outsourcing & offshoring; Business process outsourcing (BPO)

A separate functional component that interacts with others in some sequential and hierarchical way, with each layer usually having an interface only to the layer above it and the ...

sourcing advisor

Outsourcing & offshoring; Business process outsourcing (BPO)

A person who creates an outsourcing deal that is suitable for the buyer and/or service provider; he/she plays an important role in any outsourcing transaction.

joint application development

Outsourcing & offshoring; Business process outsourcing (BPO)

A methodology that involves the client or end user in the design and development of an application, through a succession of collaborative workshops called JAD sessions.

spider trap

Outsourcing & offshoring; Business process outsourcing (BPO)

A spider trap refers to either a continuous loop where spiders are requesting pages and the server is requesting data to render the page or an intentional scheme designed to ...

fringe benefits tax (FBT)

Outsourcing & offshoring; Business process outsourcing (BPO)

The tax is applied to employers who provide certain "fringe benefits" to employees. A fringe benefit is a payment provided in respect of employment, but in a different form to ...

core competencies

Outsourcing & offshoring; Business process outsourcing (BPO)

Key areas of expertise, internal skills, knowledge sets, and/or capabilities that give a companie a competitive edge over its competitors.

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