©2000 Model City
Tax Code





ARTICLE II - DETERMINATION OF GROSS INCOME

Pages* Section Description
11 200 Determination of gross income: in general.
11 210 Determination of gross income: transactions between affiliated companies or persons.
11 220 Determination of gross income: artificially contrived transactions.
11 230 Determination of gross income based upon method of reporting.
12 240 Exclusion of cash discounts, returns, refunds, trade-in values, vendor-issued coupons, and rebates from gross income.
13 250 Exclusion of combined tax from gross income; itemization; notice; limitations.
14 260 Exclusion of fees and taxes from gross income; limitations.
14 265 (Option #NN) Tax credit offset for cable license fees.
14.1 266 Exclusion of motor carrier revenues from gross income.
14.1 270 Exclusion of gross income of persons deemed not engaged in business.
16 280 (Reserved for Local Option #B)
16 285 (Reserved for Local Option #C)
17 290 (Reserved for Local Option #D)

*relates to page numbers in physical book

 

Web. Rev. Date: 10-30-2000


©2001 Model City Tax Code 
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