Last Updated
：2025/12/07
nowhere income
Noun
US
uncountable
Japanese Meaning
アメリカ国内で法人が生み出す所得で、例えば買付先の州など、法人に対して課税する法的権限を持たない州において課税されない所得。
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(US, accounting) Income that is generated in the United States by a corporation but that is not taxed by the destination US state (the state in which a buyer, for example, is based), due to the state not having the jurisdiction to tax the corporation.
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nowhere income
The auditors classified a sizable portion of the company's revenue as nowhere income, generated in the United States but not taxable by the buyers' home states because those states lacked jurisdiction.
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The auditors classified a sizable portion of the company's revenue as nowhere income, generated in the United States but not taxable by the buyers' home states because those states lacked jurisdiction.
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