[Solved] Pornography is defined not by content but by whether it is intended to arouse. Internal Revenue Code: The codified collection of U.S. tax laws encompassing various rules for income, payroll, gift, estate, and excise taxes. Taxable: Subject to taxation; refers to income, assets, or financial transactions that are liable to be taxed by governmental jurisdictions. Prior Service Cost: This is the cost of retroactive benefits granted to employees in a defined benefit plan amendment, to be recognized over future periods. Retroactive Benefits: Retroactive benefits refer to payments or compensations provided for a period before the benefits were approved or a claim was settled.