Global Economy Meeting and Taxable income: Difference between pages

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The Global Economy Meeting (GEM) is the principal discussion forum of central bank Governors during the regular [[Bank for International Settlements]] (BIS) bimonthly meetings.
1. ''UK Income Tax.''


The two main roles of the Meeting are to:
Taxable income is the amount of a taxpayer's net income which is subject to Income Tax, after deducting personal allowances.


- monitor and assess developments in the world economy and the global financial system.


- provide guidance to, and receive reports from, the Basel-based central bank committees: the [[Committee on the Global Financial System]] (CGFS), [[Committee on Payments and Market Infrastructures]] (CPMI) (formerly called the Committee on Payment and Settlement Systems (CPSS)) and the [[Markets Committee]].  
2.


The GEM comprises the Governors of 30 BIS member central banks in major advanced and emerging market economies that account for about four fifths of global GDP and meetings are observed by Governors from several other central banks.
More generally, an amount of corporate or personal income which is subject to taxation.




==See also==
==See also==
* [[Central bank]]
* [[Chargeable gain]]
* [[EM]]
* [[Corporation Tax]]
* [[Gross domestic product]]
* [[Income Tax]]
* [[Loan relationship income]]
* [[Net income]]
* [[Personal allowance]]
* [[Taxable profits]]
* [[Taxable trading profits]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 16:33, 28 February 2018

1. UK Income Tax.

Taxable income is the amount of a taxpayer's net income which is subject to Income Tax, after deducting personal allowances.


2.

More generally, an amount of corporate or personal income which is subject to taxation.


See also