F for ‘finance charges'
The code, from A to Z
The best way to read anything is from A to Z. So, here is a quick guide to the new tax code.
First, A for ‘asset,’ and it means a business asset or an investment asset. What is business? It includes any trade, commerce or manufacture; any adventure, or concern of that nature; any profession; and any vocation.
Moving to C, let’s start with ‘child’, which, in relation to an individual, includes a stepchild and an adopted child of that individual. Relationship can be cultivated, you know; and ‘cultivation’ in the code includes any process ordinarily employed by a cultivator or receiver of rent in kind to render the produce raised or received by him fit to be taken to market.
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The best way to read anything is from A to Z. So, here is a quick guide to the new tax code.
First, A for ‘asset,’ and it means a business asset or an investment asset. What is business? It includes any trade, commerce or manufacture; any adventure, or concern of that nature; any profession; and any vocation.
Moving to C, let’s start with ‘child’, which, in relation to an individual, includes a stepchild and an adopted child of that individual. Relationship can be cultivated, you know; and ‘cultivation’ in the code includes any process ordinarily employed by a cultivator or receiver of rent in kind to render the produce raised or received by him fit to be taken to market.
More
posted by padmaja | 3:16 AM
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