释义 |
phantom income Phantom incomeIncome from a limited partnership that creates taxability without generating cash flow.Phantom IncomeTaxable income that does not result from cash flow. Examples include zero-coupon bonds, which are taxed as if they had a coupon, and house value increases that result in higher property taxes. See also: Phantom Gain.phantom incomeReportable or taxable income that does not generate cash flows to pay the taxes on the income. A disclosure that “taxable income may exceed economic income” is the clue that an investor may receive phantom income. |