A Past Of Taxes - Part 1: Difference between revisions
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Revision as of 17:37, 8 October 2026
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CEO compensation is always taxable (Section 102 again), regardless in the merits. The federal income tax statutes echos the language of the 16th amendment in stating that it reaches "all income from whatever source derived," (26 USC s. 61) including criminal enterprises; criminals who fail to report their income accurately have been successfully prosecuted for bokep. Since which of the amendment is clearly supposed to restrict the jurisdiction of your courts, it really is not immediately clear why the courts emphasize the phrase "all income" and disregard the derivation among the entire phrase to interpret this section - except to reach a desired political final result.
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