Quote:
Originally Posted by Ozy_Flame
I think you are right, but the rules state that it's based on having less than $500,000 in annual taxable active income, which typically includes revenue earned from the sale of goods, provision of services, or any other operational income related to the core business activities of the company. So I suppose it's net income.
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Yes, you are correct. (Potato/Potato)
Net Income is more precise language
