Definition of income

Currently waiting for a response from Australian Taxation Office, they should respond promptly and normally no later than (details).

Dear Australian Taxation Office,

What is the legal and precise definition of “ income “ , please keep in mind the US Supreme Court ruling that a man’s wages is not income and not taxable income as this is a man’s private property for the services he has provided, and the Supreme Court ruled that income has been defined as profit after expenses.
Also I require you to be honest in your answer and abide by the US Supreme Court rulings .

By ; adam-john , the last adam . beneficiary.

FOI, Australian Taxation Office

1 Attachment

Dear FOI Applicant,

 

Please see attachment.

 

 

 

Yours faithfully,

 

FOI Team

 

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