|
|
Article: Active versus passive rental income
- Article from:
- Jerusalem Post
- Article date:
- March 12, 2008
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
|
LEON HARRIS
Jerusalem Post
03-12-2008
Headline: Active versus passive rental income
Byline: LEON HARRIS
Edition; Daily
Section: Economics
Page: 18
Wednesday, March 12, 2008 -- One of the tougher tax questions in many countries is: When is rental income active business income rather than passive income? For example, say you own and operate a shopping mall and ensure that the ambiance and tenant mix are always appropriate, the building is properly maintained and the mall is fun for people of all ages - is the resulting rental income active or passive? The tax rates and rules may be very different in each case.
The Supreme Court recently issued a judgement that goes a long way to clarifying the ...
Related newspaper, magazine, and journal articles:
|