Phantom Income,

Definition of Phantom Income:

• You can define Phantom Income as, Income declared on the basis of tax which does not avail money or financial benefits

Literal Meanings of Phantom Income

Phantom:

Meanings of Phantom:

1. the ghost

Sentences of Phantom

1. The past is lonely on the streets

Synonyms of Phantom

apparition, spectre, ghost, spirit, wraith, shadow

Income:

Meanings of Income:

1. Money is received regularly, especially for work or through investments.

Sentences of Income

1. He has a good house and a good income

Synonyms of Income

remuneration, wages, pay, emolument, earnings, salary, stipend

Phantom Income,

How To Define Phantom Income?

1. Tax-based income that does not provide cash or financial benefits.

Literal Meanings of Phantom Income

Phantom:

Sentences of Phantom

1. Ghosts in the lonely streets

Synonyms of Phantom

bodach, duppy, eidolon, manes, shade, wight, revenant, phantasm, spook

Income:

Synonyms of Income

incomings, takings, revenue, turnover, dividend, profits, proceeds, means, yield, gains, take, receipts, money received

Phantom Income

Income recognized on a TAXABLE BASIS for which no monetary or financial benefit has been received.