internal revenue

noun
government revenue from domestic sources (excluding customs) (Freq. 2)
Hypernyms: ↑tax income, ↑taxation, ↑tax revenue, ↑revenue

* * *

the revenue of a government from any domestic source, usually considered to be any source other than customs.
[1790-1800, Amer.]

* * *

internal revenue,
the revenue derived from taxes on domestic goods and incomes. The Internal Revenue Service in the United States government deals with the collection of these taxes.

Useful english dictionary. 2012.

Look at other dictionaries:

  • internal revenue — ☆ internal revenue n. governmental income from taxes on income, profits, amusements, luxuries, etc …   English World dictionary

  • internal revenue — the revenue of a government from any domestic source, usually considered to be any source other than customs. [1790 1800, Amer.] * * * …   Universalium

  • internal revenue — inter′nal rev′enue n. gov the revenue of a government from any domestic source, usu. any source other than customs • Etymology: 1790–1800 …   From formal English to slang

  • internal revenue — Governmental revenues from internal sources by way of taxes as contrasted with revenues from customs and foreign sources …   Black's law dictionary

  • internal revenue — Revenues of the federal government. California ex rel. McColgan v Bruce (CA9 Nev) 129 F2d 421, 147 ALR 782 …   Ballentine's law dictionary

  • Internal Revenue Service — IRS Staatliche Ebene Bundesbehörde der Vereinigten Staaten Stellung der Behörde Steuerbehörde …   Deutsch Wikipedia

  • Internal Revenue Service — n. The federal agency that administers federal tax laws, assesses and collects taxes, audits taxpayers, and handles appeals by taxpayers who dispute their tax liability. abbrv. IRS The Essential Law Dictionary. Sphinx Publishing, An imprint of… …   Law dictionary

  • Internal Revenue Code section 212 — Internal Revenue Code § 212 provides a deduction, for U.S. federal income tax purposes, for expenses incurred in investment activities. Taxpayers are allowed to deduct “all in the ordinary and necessary expenses paid or incurred during the… …   Wikipedia

  • Internal Revenue Code — n. A federal statute in Title 26 of the U.S. Code setting forth laws on federal taxes, including income tax, estate tax, gift tax, excise tax, etc. abbrv. IRC The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy… …   Law dictionary

  • Internal Revenue Code Section 132(a) — provides eight types of fringe benefits that are excluded from gross income. These include fringe benefits which qualify as a (1) no additional cost service, (2) qualified employee discount, (3) working condition fringe, (4) de minimis fringe,… …   Wikipedia

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