01. Tax on residents and nonresidents — 'Taxable income' defined. For the purposes of this chapter, and unless otherwise required by the context, the term 'taxable income' means the entire net income of every resident, in excess of the personal exemptions and credits for dependents allowed by § 47-1806.02 and that portion of the entire net income of every nonresident which is subject to tax under §§ 47-1808.01 to 47-1808.06. (July 16, 1947, 61 Stat. 343, ch. 258, art. I, title VI, § 1; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.) Prior Codifications 1981 Ed., § 47-1806.1. 1973 Ed., § 47-1567. Section References This section is referenced in § 47-1803.03, § 47-1808.06, and § 47-1809.03.
District of Columbia Legal Code