Англо-русский экономический словарь.
hobby loss — n. A loss incurred from a hobby, usually not deductible. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008. hobby loss A loss from a business activity engaged … Law dictionary
Hobby Loss — A non deductible loss incurred as a result of doing an activity for personal pleasure instead of for profit. A taxpayer cannot deduct the hobby loss as a business loss. A hobby loss rule is used to determine whether an activity is a hobby or a… … Investment dictionary
hobby loss — A nondeductible loss arising from a personal hobby as contrasted with an activity engaged in for profit. Generally, the law provides a presumption that an activity is engaged in for profit if gross profits are earned during any 2 or more years… … Black's law dictionary
hobby loss — A nondeductible loss arising from a personal hobby as contrasted with an activity engaged in for profit. Generally, the law provides a presumption that an activity is engaged in for profit if gross profits are earned during any 2 or more years… … Black's law dictionary
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
loss — is a generic and relative term. It signifies the act of losing or the thing lost; it is not a word of limited, hard and fast meaning and has been held synonymous with, or equivalent to, damage , damages , deprivation , detriment , injury , and… … Black's law dictionary
hobby — An activity not engaged in for profit. The IRC restricts the amount of losses that an individual can deduct with respect to hobby activities so that such transactions cannot be used to offset income from other sources. I.R.C. No. 183. See hobby… … Black's law dictionary
hobby — An activity not engaged in for profit. The IRC restricts the amount of losses that an individual can deduct with respect to hobby activities so that such transactions cannot be used to offset income from other sources. I.R.C. No. 183. See hobby… … Black's law dictionary
Hobby farm — A hobby farm is a smallholding or small farm that is maintained without expectation of being a primary source of income. Some are merely to provide some recreational land, and perhaps a few horses for the family s children. Others are managed as… … Wikipedia
Internal Revenue Code section 183 — Section 183 of the United States Internal Revenue Code (usc|26|183), sometimes referred to as the hobby loss rule , limits the losses that can be deducted from income which are attributable to hobbies and other not for profit activities.… … Wikipedia
Tax deduction — This article is about the deduction of expenses for the purpose of calculating taxable income. For tax deducted at source, see Withholding tax. Taxation An aspect of fiscal policy … Wikipedia
