Question

what is meant by the term service activities

Answer 1

DEFINITION of 'Personal-Service Activity' Any business enterprise with the primary purpose of providing personal services. Personal-service activities encompass a wide range of professions, including law, medicine, engineering, design, finance, accounting and even performing arts.

Answer 2

Any sort of action an organization interests which renders service to people. This involves the disciplines of science, advising, engineering, investment, wellness care, law, accounting, actuarial and the performing arts. This perception is a fundamental element in determining the relevant corporate tax rate.