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Internal Revenue Code Section 1 #3 Ra 9337 Major Amendment | Capital Gains Tax | Expense

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Internal Revenue Code Section 1 #3 Ra 9337 Major Amendment | Capital Gains Tax | Expense

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Internal

in•ter•nal (in tûrnl),USA pronunciation adj. 
  1. situated or existing in the interior of something;
    interior.
  2. of, pertaining to, or noting the inside or inner part.
  3. [Pharm.]oral (def. 4).
  4. existing, occurring, or found within the limits or scope of something;
    intrinsic: a theory having internal logic.
  5. of or pertaining to the domestic affairs of a country: the internal politics of a nation.
  6. existing solely within the individual mind: internal malaise.
  7. coming from, produced, or motivated by the psyche or inner recesses of the mind;
    subjective: an internal response.
  8. inner;
    not superficial;
    away from the surface or next to the axis of the body or of a part: the internal carotid artery.
  9. present or occurring within an organism or one of its parts: an internal organ.

n. 
  1. Usually,  internals. entrails;
    innards.
  2. an inner or intrinsic attribute.
in′ter•nali•ty, in•ternal•ness, n. 
in•ternal•ly, adv. 

Revenue

rev•e•nue (revən yo̅o̅′, -ə no̅o̅′),USA pronunciation n. 
  1. the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses.
  2. the government department charged with the collection of such income.
  3. revenues, the collective items or amounts of income of a person, a state, etc.
  4. the return or yield from any kind of property, patent, service, etc.; income.
  5. an amount of money regularly coming in.
  6. a particular item or source of income.

Code

code (kōd),USA pronunciation n., v.,  cod•ed, cod•ing. 
n. 
  1. a system for communication by telegraph, heliograph, etc., in which long and short sounds, light flashes, etc., are used to symbolize the content of a message: Morse code.
  2. a system used for brevity or secrecy of communication, in which arbitrarily chosen words, letters, or symbols are assigned definite meanings.
  3. any set of standards set forth and enforced by a local government agency for the protection of public safety, health, etc., as in the structural safety of buildings (building code), health requirements for plumbing, ventilation, etc.(sanitary or health code), and the specifications for fire escapes or exits (fire code). 
  4. a systematically arranged collection or compendium of laws, rules, or regulations.
  5. any authoritative, general, systematic, and written statement of the legal rules and principles applicable in a given legal order to one or more broad areas of life.
  6. a word, letter, number, or other symbol used in a code system to mark, represent, or identify something: The code on the label shows the date of manufacture.
  7. the symbolic arrangement of statements or instructions in a computer program in which letters, digits, etc. are represented as binary numbers;
    the set of instructions in such a program: That program took 3000 lines of code.Cf. ASCII, object code, source code.
  8. any system or collection of rules and regulations: a gentleman's code of behavior.
  9. a directive or alert to a hospital team assigned to emergency resuscitation of patients.
  10. See  genetic code. 
    • the system of rules shared by the participants in an act of communication, making possible the transmission and interpretation of messages.
    • (in sociolinguistic theory) one of two distinct styles of language use that differ in degree of explicitness and are sometimes thought to be correlated with differences in social class. Cf. elaborated code, restricted code.

v.t. 
  1. to translate (a message) into a code;
    encode.
  2. to arrange or enter (laws or statutes) in a code.
  3. to translate (a program) into language that can be communicated to the computer.

v.i. 
  1. to specify the amino acid sequence of a protein by the sequence of nucleotides comprising the gene for that protein: a gene that codes for the production of insulin.
coder, n. 
codeless, adj. 

Section

sec•tion (sekshən),USA pronunciation n. 
  1. a part that is cut off or separated.
  2. a distinct part or subdivision of anything, as an object, country, community, class, or the like: the poor section of town; the left section of a drawer.
  3. a distinct part or subdivision of a writing, as of a newspaper, legal code, chapter, etc.: the financial section of a daily paper; section 2 of the bylaws.
  4. one of a number of parts that can be fitted together to make a whole: sections of a fishing rod.
  5. (in most of the U.S. west of Ohio) one of the 36 numbered subdivisions, each one square mile (2.59 sq. km or 640 acres), of a township.
  6. an act or instance of cutting;
    separation by cutting.
    • the making of an incision.
    • an incision.
  7. a thin slice of a tissue, mineral, or the like, as for microscopic examination.
  8. a representation of an object as it would appear if cut by a plane, showing its internal structure.
  9. [Mil.]
    • a small unit consisting of two or more squads.
    • Also called  staff section. any of the subdivisions of a staff.
    • a small tactical division in naval and air units.
    • a division of a sleeping car containing both an upper and a lower berth.
    • a length of trackage, roadbed, signal equipment, etc., maintained by one crew.
  10. any of two or more trains, buses, or the like, running on the same route and schedule at the same time, one right behind the other, and considered as one unit, as when a second is necessary to accommodate more passengers than the first can carry: On holidays the New York to Boston train runs in three sections.
  11. a segment of a naturally segmented fruit, as of an orange or grapefruit.
  12. a division of an orchestra or band containing all the instruments of one class: a rhythm section.
  13. [Bookbinding.]signature (def. 8).
  14. Also called  section mark. a mark used to indicate a subdivision of a book, chapter, or the like, or as a mark of reference to a footnote.
  15. [Theat.]one of a series of circuits for controlling certain lights, as footlights.
  16. shape (def. 12).

v.t. 
  1. to cut or divide into sections.
  2. to cut through so as to present a section.
  3. to make an incision.

Amendment

a•mend•ment (ə mendmənt),USA pronunciation n. 
  1. the act of amending or the state of being amended.
  2. an alteration of or addition to a motion, bill, constitution, etc.
  3. a change made by correction, addition, or deletion: The editors made few amendments to the manuscript.
  4. [Hort.]a soil-conditioning substance that promotes plant growth indirectly by improving such soil qualities as porosity, moisture retention, and pH balance.

Capital

cap•i•tal1  (kapi tl),USA pronunciation n. 
  1. the city or town that is the official seat of government in a country, state, etc.: Tokyo is the capital of Japan.
  2. a city regarded as being of special eminence in some field of activity: New York is the dance capital of the world.
  3. See  capital letter. 
  4. the wealth, whether in money or property, owned or employed in business by an individual, firm, corporation, etc.
  5. an accumulated stock of such wealth.
  6. any form of wealth employed or capable of being employed in the production of more wealth.
  7. [Accountableing.]
    • assets remaining after deduction of liabilities;
      the net worth of a business.
    • the ownership interest in a business.
  8. any source of profit, advantage, power, etc.;
    asset: His indefatigable drive is his greatest capital.
  9. capitalists as a group or class (distinguished from labor): High taxation has reduced the spending power of capital.

adj. 
  1. pertaining to financial capital: capital stock.
  2. principal;
    highly important: This guide offers suggestions of capital interest to travelers.
  3. chief, esp. as being the official seat of government of a country, state, etc.: the capital city of France.
  4. excellent or first-rate: a capital hotel; a capital fellow.
  5. See  capital letter. 
  6. involving the loss of life: capital punishment.
  7. punishable by death: a capital crime; a capital offender.
  8. fatal;
    extremely serious: a capital error.
capi•tal•ness, n. 

Tax

tax (taks),USA pronunciation n. 
  1. a sum of money demanded by a government for its support or for specific facilities or services, levied upon incomes, property, sales, etc.
  2. a burdensome charge, obligation, duty, or demand.

v.t. 
  1. (of a government)
    • to demand a tax from (a person, business, etc.).
    • to demand a tax in consideration of the possession or occurrence of (income, goods, sales, etc.), usually in proportion to the value of money involved.
  2. to lay a burden on;
    make serious demands on: to tax one's resources.
  3. to take to task;
    censure;
    reprove;
    accuse: to tax one with laziness.
  4. to charge: What did he tax you for that?
  5. [Archaic.]to estimate or determine the amount or value of.

v.i. 
  1. to levy taxes.
taxer, n. 
taxing•ly, adv. 
taxless, adj. 
taxless•ly, adv. 
taxless•ness, n. 

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