Because in that case, profitability must fall across the board, and business income is reduced everywhere.

The policies cover physical damage to property from terrorism and, in some cases, loss of business income.

You are self-employed and personal services produce the business income.

Assume in Example 2 that both capital and personal services combine to produce the business income.

You must keep records showing your business income and expenses.

A tax deduction for small businesses on up to 20 percent of their business income.

The amount you pay for child care is not deductible from your business income.

He also participated in the construction of buildings for business income.

You must fill these in to give details of your business income and expenses.

Canada follows a somewhat different approach than that above for business income.