As applied to the income of a government, this is a broad and general term, including all public moneys which the state collects and receives, from whatever source and in whatever manner. TJ. S. v. Bromley, 12 How. 90, 13 L. Ed. 905; State V; School Fund Com'rs, 4 Kan. 268; Fletcher W Oliver, 25 Ark. 295. It also designates the Income of an individual or'private corporation. … [Read more...] about REVENUE
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REVERT
To revert; to return to a prior state or condition. With regard to property, when the property returns to the possession of the prior owner. … [Read more...] about REVERT
REVENUE AGENT
An IRS auditor. … [Read more...] about REVENUE AGENT
REVERTER
Reversion. A formed on in reverter is a writ which was a proper remedy when the donee in tail or issue died without issue and a stranger abated: or they who were seised by force of the entail discontinued the same. … [Read more...] about REVERTER
REVENUE RULING
The published opinions of the Internal Revenue Service providing an insight as to how it would rule regarding certain tax questions based upon certain situations. These are of use and guidance to taxpayers, accountants and attorneys who wish to understand tax treatment by the IRS. … [Read more...] about REVENUE RULING