Examlex
Values are not involved in the study of social stratification.
Taxable Gain
The profit arising from the sale or exchange of an asset that is subject to income tax.
Charitable Contribution
Donations made to qualified organizations that may be tax-deductible for the donor.
Taxable Income
The amount of income that is subject to tax, after accounting for deductions and exemptions.
FMV
Fair Market Value; an estimate of the market value of a property, based on what a knowledgeable, willing, and unpressured buyer would likely pay to a knowledgeable, willing, and unpressured seller.
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