Legal Question in Business Law in Ohio

What is the meaning of income?

I need the legal definition of income.

Does this definition agree with the United States Supreme Court ruling regarding the meaning of income established by the court as follows:

The United States Supreme Court defined and established the meaning of income for the Congress and all government agencies, for the purpose of all income tax legislation, as follows yet no where in the tax laws is this definition plainly represented: The USSC defined �income� as: �the gain derived from capital, from labor or from both combined, provided it include profit gained through a sale or conversion of a capital assets.� The High Court defined income to mean: �Whatever difficulty there may be about a precise scientific definition of �income� it imports, as used here, something entirely distinct from principal or capital either as a subject of taxation or as a measure of the tax; conveying rather the idea of gain or increase arising from corporate activities.�

This decision of the court was the result of several legal battles resulting from the 1909 Federal Excise tax act and other cases involving income tax law and are listed as follows: Stratton�s Indep v. Howbert, 231 U.S. 399(1913); Doyle v. Mitchel Brothers Co., 247 U.S. 179, 185, 38CT4

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