What CASH EQUIVALENT DOCTRINE means: Generally, a cash-basis taxpayer does not report income until cash is constructively or actually received. Under the cash equivalent doctrine, cash-basis taxpayers are required to report income if the equivalent of cash (property, for example) is received in a taxable transaction.
- Definition Capital Gain:
- Dictionary The gain from the sale or exchange of a capital asset cash equivalent doctrine definition.
- Definition Commission:
- Dictionary The broker's fee for purchasing or selling securities or property for a client. An allowance paid to a salesperson or agent for services rendered cash equivalent doctrine explain.
- Definition Cafeteria Plan:
- Dictionary employer offers a choice of salary or specified nontaxable fringe benefits from which participating employees may select. The plan may be funded with employer contributions, employee contributions cash equivalent doctrine what is.
- Definition Cost Method Of Inventory Valuation:
- Dictionary Valuing inventory purchased during the year at cost; that is, the invoice price less any discounts plus transportation or other costs incurred in acquiring the merchandise cash equivalent doctrine meaning.
How works Cash Equivalent Doctrine meaning in Tax definitions C .
