Tax on corporations — Definitions.
Effective Apr 9, 1997July 16, 1947, 61 Stat. 345, ch. 258, art. I, title VII, § 1; Sept. 26, 1984, D.C. Law 5-113, § 302(a)(1), 31 DCR 3974; Oct. 1, 1987, D.C. Law 7-29, § 2(g)(1), 34 DCR 5097; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575
For purposes of this subchapter, the term:
- (1) “Corporation” shall, for taxable years beginning after December 31, 1980, include financial institutions.
- (2) “Taxable income” means the amount of net income derived from sources within the District within the meaning of §§ 47-1810.01 to 47-1810.03.
- (3) “Taxable period” means a taxable year or a portion of a taxable year.
History
July 16, 1947, 61 Stat. 345, ch. 258, art. I, title VII, § 1
Sept. 26, 1984, D.C. Law 5-113, § 302(a)(1), 31 DCR 3974
Oct. 1, 1987, D.C. Law 7-29, § 2(g)(1), 34 DCR 5097
enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575
Editor's Notes
Mayor authorized to issue rules: See second paragraph of note to § 47-2601.
Prior Codifications
1973 Ed., § 47-1571.
1981 Ed., § 47-1807.1.
Section References
This section is referenced in § 6-1504 and § 47-1801.04.