Primary navigation:

QFINANCE Quick Links
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of declaration of income

Definition of

declaration of income


record of earnings for tax purposes a standard format used for reporting income and computing the tax due on it.

Related definitions of "declaration of income"

declaration of income - Related Articles
  • Accounting and Economics—Critical Perspectives

    Best Practice

    For example, accounting might seek to measure historical performance employing certain measures. Some measures, such as “income,” employ “accrual units” rather than cash, which is an economic measure. On another occasion, accounting identifies assets available for use, and reveals the claims against
    By John C. Groth

  • Insolvency/Bankruptcy Regulations in Major Regions


    Declaring oneself bankrupt is only suitable for someone who has no assets to worry about. Bankruptcy gives that individual the right to protect himself from a crippling level of debt. If there are any assets, they transfer to a trustee, who will administer them and pay off creditors. The debt

  • Payout Ratio


    continue paying dividends to indicate that their substandard performance is an anomaly. On the other hand, a high dividend cover figure may disappoint an investor looking for income, since the figure suggests directors could have declared a larger dividend. A high payout ratio clearly appeals

  • Dividend Policy: Maximizing Shareholder Value

    Best Practice

    It has been proven that, with enough assumptions, dividend policy is not relevant to the valuation of the common stock equity of a firm. However, the proof assumes zero investor taxes; thus it does not apply to a real-world situation in which such taxes exist. With income taxes, an investor benefits
    By Harold Bierman, Jr


Definitions of ’declaration of income’ and meaning of ’declaration of income’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’declaration of income’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related Blog Posts

More related Blog results