District of Columbia Code
Subchapter VIII - Tax on Unincorporated Businesses
§ 47–1808.04. Tax on unincorporated businesses — Exemption

Before computing the tax upon the taxable income of an unincorporated business, there shall be deducted therefrom an exemption of $5,000; except, that where the period covered by a return is less than a year, or where a return shows that an unincorporated business has been carried on for less than 12 months, such exemption shall be prorated on a daily basis; provided, however, that any amount exempt under this section from the tax imposed by § 47-1808.03 shall be reported and included in the gross income of that person or those persons entitled to a share therein in proportion to the share to which each person is entitled, and shall be reported in the return of each such person for his or her taxable year in which is ended the taxable year of the unincorporated business.
(July 16, 1947, 61 Stat. 346, ch. 258, art. I, title VIII, § 4; May 27, 1949, 63 Stat. 132, ch. 146, title IV, § 416; Feb. 3, 1976, D.C. Law 1-44, § 4, 23 DCR 4057; Oct. 8, 1983, D.C. Law 5-32, § 6(b), 30 DCR 4013; enacted, Apr. 9, 1997, D.C. Law 11-254, § 2, 44 DCR 1575.)
1981 Ed., § 47-1808.4.
1973 Ed., § 47-1574c.
This section is referenced in § 6-1504, § 47-1803.03, and § 47-1808.02.
Economic development zones, eligibility for tax incentives, see § 6-1504.
Mayor authorized to issue regulations: Section 9 of D.C. Law 5-32 provided that the Mayor shall issue regulations necessary to carry out the provisions of the act.

Structure District of Columbia Code

District of Columbia Code

Title 47 - Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]

Chapter 18 - Income and Franchise Taxes

Subchapter VIII - Tax on Unincorporated Businesses

§ 47–1808.01. Tax on unincorporated businesses — Definition

§ 47–1808.02. Tax on unincorporated businesses — Definitions

§ 47–1808.03. Tax on unincorporated businesses — Levy and rates

§ 47–1808.03a. Tax on unincorporated businesses — Transfer of surtax to Convention Center Authority. [Repealed]

§ 47–1808.04. Tax on unincorporated businesses — Exemption

§ 47–1808.05. Tax on unincorporated businesses — Persons liable for payment

§ 47–1808.06. Partnerships

§ 47–1808.06a. Taxation of limited liability companies

§ 47–1808.07. Tax credit

§ 47–1808.08. Tax credit for unincorporated businesses that provide an employee paid leave to serve as an organ or bone marrow donor

§ 47–1808.09. Job growth tax credit

§ 47–1808.10. Tax on unincorporated business — Credits — Alternative fuel infrastructure credit

§ 47–1808.11. Tax on unincorporated businesses — Credits — Alternative fuel vehicle conversion credit

§ 47–1808.12. Tax on unincorporated businesses — Credits — Tax credit for farm to food donations. [Repealed]

§ 47–1808.13. Wheelchair-accessible vehicle tax credit. [Repealed]

§ 47–1808.14. Retailer property tax relief credit

§ 47–1808.15. Tax on unincorporated businesses - Credits - Tax credit for food donations. [Repealed]