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Ethics is knowing the difference between what you have a right to do and what is right to do.
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Legal Definitions - blocked income
Law school is a lot like juggling. With chainsaws. While on a unicycle.
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Definition of blocked income
Blocked income refers to money earned by a foreign taxpayer that is not subject to U.S. taxation because the foreign country prohibits changing the income into dollars. For example, if a foreign worker earns money in their home country and cannot convert it to U.S. dollars, that income is considered blocked income.
Example: A foreign worker earns $10,000 in their home country but cannot convert it to U.S. dollars due to government restrictions. This $10,000 is considered blocked income and is not subject to U.S. taxation.
This example illustrates how blocked income is money earned by a foreign taxpayer that cannot be converted to U.S. dollars and is therefore not subject to U.S. taxation.
If we desire respect for the law, we must first make the law respectable.
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Simple Definition
A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.
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