Tax Definitions

    Clear definitions of technical tax terms in both plain English and technical language, with legislative references and practical examples.

    Ordinary Income

    Definition

    Income from activities such as employment, business or investments that has the character of income under ordinary concepts. Its tax treatment depends on the recipient, applicable provisions and circumstances.

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    Australian Tax

    Explore Australian income tax, GST, CGT and trust questions with Cassandra's tax research AI. Frame the facts, examine ATO positions and prepare a working analysis.