Tax Deductible definition

Tax Deductible has the meaning set forth in Section 8.5(b)(iii).
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Tax Deductible has the meaning specified in Section 10.10.
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Tax Deductible or ‘writeoff’ means getting
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Examples of Tax Deductible in a sentence

  • We thank you for contributing!   $ Donation to Victory Hope Foundation All Donations are Tax Deductible.

  • The Employer will implement a qualified 125 Tax Deductible Spending Plan which will be made available on a voluntary basis to employees for as long as such plans are allowed by the federal government.

  • The Tax Deductible at Source (“TDS”) under the Income Tax Laws shall, if applicable, be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law.

  • The conditions (a) to (e), and (g) apply to employee members, self-employed persons, personal account holders, Special Voluntary Contribution Account Members and Tax Deductible Voluntary Contribution Account holders.

  • TDS: The Tax Deductible at Source under the Income Tax Laws shall, if applicable be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law.

  • For the avoidance of doubt, condition (f) does not apply to self-employed persons, personal account holders, Special Voluntary Contribution Account Members or Tax Deductible Voluntary Contribution Account holders (g) Terminal illness.

  • Recommended 0-40% Individual/Family Name: Total CV Activity % Donations to Christus Xxxxxx (tax deductible): Recommended 50-90% CV General Fund CV Capital Improvements Banner/Hymnal Fund Endowment Missions Social Ministries Youth (6th Grade and Up) Total Tax Deductible % Cash Rebate % SCRIP Administration Fee 10% Grand Total: 100% With respect to these charitable contributions, we will provide you with all required acknowledgements under sections 170(f) (8) and 170 (f) (17) of the Internal Revenue Code.

  • The available options are as follows:  Direct Tax Deductible Donation – A single donation of $500.00 by December 18, 2014.

  • Recommended 0-40% Individual/Family Name: Total CV Activity % 10% 100% Donations to Christus Xxxxxx (tax deductible): Capital Campaign Feed My Starving Children Missions Social Ministries Youth (6th Grade and Up) Recommended 50-90% Total Tax Deductible % Cash Rebate % SCRIP Administration Fee Grand Total: With respect to these charitable contributions, we will provide you with all required acknowledgements under sections 170(f) (8) and 170 (f) (17) of the Internal Revenue Code.

  • The Employer will implement a qualified 125 Tax Deductible Spending Plan which will be made available on a voluntary basis to employees.


More Definitions of Tax Deductible

Tax Deductible means the amount of any cash Tax refund received by Parent or the Surviving Corporation that relates to the Company’s Taxes for any Pre-Closing Tax Period not already received as of the Effective Time, plus any additional actual (or hypothetical) Tax refund that is (or would have been) received if any tax deduction associated with the Optionholder Consideration were allocated to the Preclosing Tax Period, provided that no such actual or hypothetical Tax refund amount shall be counted more than once. For the avoidance of doubt, Parent may, in its discretion, allocate any such tax deduction associated with the Optionholder Consideration to the Preclosing Tax Period or the period after the Closing, as Parent deems appropriate, provided that for purposes of determining the amount of the Tax Deductible, such deductions shall be deemed to be allocated as specified in the immediately preceding sentence.
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Related to Tax Deductible

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Deductible has the meaning set forth in Section 11.1(e).

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document.

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Tax Loss means the taxable income or tax loss of the Trust, determined in accordance with Section 703(a) of the Code, for each Fiscal Year as determined for federal income tax purposes, together with each of the Trust's items of income, gain, loss or deduction which is separately stated or otherwise not included in computing taxable income and tax loss.

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Tax Benefit means any refund, credit, or other reduction in otherwise required Tax payments.

  • Tax Benefits means the net operating loss carryovers, capital loss carryovers, general business credit carryovers, alternative minimum tax credit carryovers and foreign tax credit carryovers, as well as any loss or deduction attributable to a “net unrealized built-in loss” within the meaning of Section 382 of the Code and the Treasury Regulations promulgated thereunder, of the Company or any of its Subsidiaries.

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Taxable means either:

  • Tax Detriment means an increase in the Tax liability (or reduction in refund or credit or any item of deduction or expense) of a Taxpayer for any taxable period. Except as otherwise provided in this Agreement, a Tax Detriment shall be deemed to have been realized or incurred from a Tax Item in a taxable period only if and to the extent that the Tax liability of the Taxpayer for such period, after taking into account the effect of the Tax Item on the Tax liability of such Taxpayer in the current period and all prior periods, is more than it would have been had such Tax liability been determined without regard to such Tax Item.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Qualifying loss means the amount of compensation attributable to a taxpayer’s nonqualified deferred compensation plan, less the receipt of money and property attributable to distributions from the nonqualified deferred compensation plan. Full loss is sustained if no distribution of money and property is made by the nonqualified deferred compensation plan. The taxpayer sustains a qualifying loss only in the taxable year in which the taxpayer receives the final distribution of money and property pursuant to that nonqualified deferred compensation plan.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.

  • Excise Tax means the excise tax imposed by Section 4999 of the Code, together with any interest or penalties imposed with respect to such excise tax.

  • Input Tax Credit means the credit of input tax;

  • Net After-Tax Benefit means the Present Value of a Payment net of all federal state and local income, employment and excise taxes imposed on Executive with respect thereto, determined by applying the highest marginal rate(s) applicable to an individual for Executive’s taxable year in which the Change in Control occurs.

  • Deductible Amount means, with respect to any Insuring Agreement, the amount set forth under the heading “Deductible Amount” in Item 3 of the Declarations or in any Rider for such Insuring Agreement, applicable to each Single Loss covered by such Insuring Agreement.

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign Tax credit, excess charitable contribution, general business credit, research and development credit, earnings and profits, basis, or any other Tax Item that could reduce a Tax or create a Tax Benefit.

  • Excise Taxes see Section 5.1.