§ 47-1806.01Title 47
Tax on residents and nonresidents — “Taxable income” defined.
For the purposes of this chapter, and unless otherwise required by the context, the term “taxable income” means the entire net income of every resident, in excess of the personal exemptions and credits for dependents allowed by § 47-1806.02 and that portion of the entire net income of every nonresident which is subject to tax under §§ 47-1808.01 to 47-1808.06.
Annotations
July 16, 1947, 61 Stat. 343, ch. 258, art. I, title VI, § 1 enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575 1973 Ed., § 47-1567. 1981 Ed., § 47-1806.1. This section is referenced in § 47-1803.03, § 47-1808.06, and § 47-1809.03.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.