“Phil Foster With frequent-flier miles, the issue of taxability often comes down to whether the miles were awarded as a rebate (not taxable), a promotion (taxable) or a prize (taxable).”
“The non-taxability of compensation received in the form of health insurance constitutes a gigantic and totally undeserved subsidy for the insurance industry.”
“The same taxability is true for money received through project grants from a private or governmental agency.”
“In fact, tax returns are so complicated, and there are so many laws and regulations regarding the reporting and taxability of income, that most loan officers use a software program titled "Taxanalysis" to determine the true cash flow.”
“Net rental income -- the amount received in rents minus the expenses of owning and running the building -- can affect the taxability of benefits, says Mr. Horowitz.”
“The intent and frequency of the sales determine the taxability, not just the dollar amount," said Amy McAnarney, executive director of H&R Block's Tax Institute.”
“Certain items were particularly problematic for the colonial adjudicators of the material status and taxability of commercial goods routed through the Khaibar that were claimed and textually (re -) appropriated by Abd al-Rahman and his officials.”
“It traces the "ownership equals taxability" principle from the late nineteenth century to 1930; that is, from the decades leading up to ratification of the Sixteenth Amendment to the U.S.”
“It is also a story of how the Supreme Court sought to protect Congress' taxing power by articulating an expansive definition of ownership for purposes of determining taxability that relied on indicia of ownership such as control, management, dominion, beneficial interests, equitable interests, enjoyment, and even a "flow of satisfactions" concept that tracked consumption tax principles more closely than income tax principles.”
“What was originally understood by the term “right” was non-taxability and non-regulatability, except perhaps as insignificant side-effects of exercising a power on other things.”
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