Definition of income
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.
Dear FOI Applicant,
Please see attachment.
Yours faithfully,
FOI Team
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