passive income

Statement of Net Monthly Income and Expenses / Assets and Liabilities

Low income

deferred tax credit | tax credit | future income tax liability

income-generating activities [ income-producing activities ]

outward processing | outward processing arrangements | outward processing procedure | outward processing traffic | OPA [Abbr.] | OPT [Abbr.]

passive solar system | passive system

passive circuit element | passive electric circuit element | passive element | passive element of a circuit

Prausnitz-Küstner test | P-K test | passive transfer Prausnitz-Küstner test | passive transfer reaction | passive transfer skin test | passive transfer technique | passive transfer test | P-K reaction | P-K reactivity | P-K technique | Prausnitz-Küstner reaction

This also means that the concept of cohesion that has applied at the European level has not been a passive one that redistributes income but a dynamic policy that seeks to create resources by targeting the factors of economic competitiveness and employment, especially where unused potential is high.

less than 50 % of the NFE's gross income for the preceding calendar year or other appropriate reporting period is passive income and less than 50 % of the assets held by the NFE during the preceding calendar year or other appropriate reporting period are assets that produce or are held for the production of passive income;

‘other liabilities’, including, but not limited to, amounts due to counterparties for collateral on return of securities loaned, deferred income and dividends and distributions payable;

3. Where paragraph 1 applies and where a Member State considers a non-resident transferring company as fiscally transparent on the basis of that Member State’s assessment of the legal characteristics of that company arising from the law under which it is constituted and therefore taxes the shareholders on their share of the profits of the transferring company as and when those profits arise, that Member State shall not tax any income, profits or capital gains calculated by reference to the difference between the real values of the assets and liabilities transferred and their values for tax purposes.