distributable net income
n.
The maximum amount of money received from distributions from a trust or estate on which beneficiaries may be taxed.
abbrv.
DNI

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

Look at other dictionaries:

  • distributable net income — (DNI) The measure that limits the amount of the distributions from estates and trusts that the beneficiaries thereof will have to include in income. Also, DNI limits the amount that estates and trusts can claim as a deduction for such… …   Black's law dictionary

  • Distributable Net Income - DNI — In the case of an income trust, an amount that is transferable to unitholders. In the case of an estate trust, the amount to be distributed to a beneficiary. Distributable net income is the maximum amount received by a unitholder or a beneficiary …   Investment dictionary

  • income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

  • income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …   Black's law dictionary

  • DNI — distributable net income (DNI) The measure that limits the amount of the distributions from estates and trusts that the beneficiaries thereof will have to include in income. Also, DNI limits the amount that estates and trusts can claim as a… …   Black's law dictionary

  • Throwback Rule — In taxation of trusts, the throwback rule requires that the amount distributed in any tax year which is in excess of that year s distributable net income must be thrown back to the preceding year and treated as if it had then been distributed.… …   Black's law dictionary

  • DNI — abbrv. Distributable net income. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • DNI — Documento Nacional de Identidad (International » Spanish) * Did Not Include (Computing » Telecom) * Distributable Net Income (Business » Accounting) * Direct Neural Interface (Medical » Physiology) * Department of Naval Intelligence (Governmental …   Abbreviations dictionary

  • DNI —   An acronym for distributable net income …   International financial encyclopaedia

  • profit — total revenue less total expenses for a period of time calculated in accordance with generally accepted accounting principles. Glossary of Business Terms Revenue minus cost. The amount one makes on a transaction. Bloomberg Financial Dictionary *… …   Financial and business terms

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