income splitting
noun
: an assigning of income for purposes of taxation in equal shares to two or more persons (as husband and wife) irrespective of which one actually received the income
Dictionary Entries Near income splitting
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“Income splitting.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/income%20splitting. Accessed 23 Nov. 2024.
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