Examlex
Discuss some of the more important "objective" or essentialist factors that are related to whether or not a given psychoactive substances becomes illegal in a given society.
Distribution
The payment of assets from a fund or account to its beneficiaries or shareholders, such as dividends or withdrawals.
Reduction in Basis
A decrease in the tax basis of an asset, which could result from deductions such as depreciation, or after receiving tax-free returns of capital.
Self-employment Income
Income earned from conducting a business or profession as a sole proprietor, independent contractor, or freelancer, subject to self-employment tax.
Nondeductible Expense
A cost incurred by a taxpayer that cannot be deducted from income when calculating taxes owed.
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