Tax Exemptions definition

Tax Exemptions. Means exemptions from Companies Income Tax, Value Added Tax and Personal Income Tax respectively granted under the Companies Income Tax (Exemption of Bonds and Short-Term Government Securities) Order, 2011; the Value Added Tax (Exemption of Proceeds of the Disposal of Government and Corporate Securities) Order 2011; and the Personal Income Tax (Amendment) Xxx 0000; Federal Inland Revenue Service Guidelines on Tax Implications of Non-Interest Banking in Nigeria, 2013; and Finance Xxx 0000. Taxes: Any tax, levy, impost, duty or other charge or withholding of a similar nature (including any related penalty or interest).
Tax Exemptions means [any reductions in or exemptions or relief from generally applicable tax which would have otherwise been applicable to a Contractor].]
Tax Exemptions means those revenue losses attribut- able to provisions of the state tax statutes or rules promul- gated pursuant to such statutes, which allow a special ex- clusion, exemption, or deduction from gross income or sales or which provide a special credit, a preferential rate of tax, or a deferral of tax liability.

Examples of Tax Exemptions in a sentence

  • The Company shall annually file a statement with the State Department of Taxation and Finance (the "Commissioner") on "Annual Report of Sales and Use Tax Exemptions" (NYS Form ST-340, a copy of which is attached hereto as Exhibit D) regarding the value of Sales Tax Exemption the Company and its Subagents, if any, have claimed pursuant to the agency conferred on the Company with respect to the Project in accordance with General Municipal Law Section 874(8).

  • Vendor shall submit the declaration to the state tax authority at its location taking into account the abovementioned operations and mentioning VAT exemption code according to the Tax Exemptions Directory.

  • SIGNATURE OF PURCHASER OR REPRESENTATIVE TITLE OR REPRESENTATIVE CAPACITY PRINT NAME TELEPHONE (Include Area Code) DATE When completed and signed please mail to: FPL Tax Exemptions PO Box 14000 - PSX/JB Juno Beach, FL 33408 Page 2 of 2 List only those accounts and meters for which this exemption is claimed.

  • The Company shall annually file a statement with the State Department of Taxation and Finance (the "Commissioner") on NYS Form ST-340, entitled "Annual Report of Sales and Use Tax Exemptions" (a copy of which is attached hereto as Exhibit D) regarding the value of Sales Tax Exemption the Company and its Subagents, if any, have claimed pursuant to the agency conferred on the Company with respect to the Project in accordance with General Municipal Law Section 874(8).

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Visitation, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • In accordance with tax relief agreements between the United States Government and the Spanish Government, and because the resultant contract arises from the activities of the United States Forces in Spain, the contract will be exempt from the excise, luxury, and transaction taxes listed in paragraph (b) of the clause DFARS 252.229-7005, Tax Exemptions (Spain).

  • Any special tax treatment such as tax exemptions (see the Tax Exemptions chapter), can impact a project's commercial viability and the cost of power.

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, The Marital Home, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Visitation, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • Tax Exemptions: When purchasing directly from a supplier the School District of Manatee County, Florida is exempt from Federal Excise, State Sales and Use Taxes.

  • The subcontractor shall submit the declaration to the state tax authority at its location taking into account the abovementioned operations and mentioning VAT exemption code #14060049 according to the Tax Exemptions Directory.

Related to Tax Exemptions

  • Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.

  • Tax-Exempt means with respect to interest on any obligations of a state or local government, including the Bonds, that such interest is excluded from gross income for federal income tax purposes; provided, however, that such interest may be includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating other tax liabilities, including any alternative minimum tax or environmental tax, under the Code.

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • Tax-Exempt Bond means any of a series of the Schwarz Paper Building Redevelopment Project Tax Allocation Bonds of the City, the interest on which is determined by the City to be excludable from gross income for federal income tax purposes.

  • Section 162(m) Exemption means the exemption from the limitation on deductibility imposed by Section 162(m) of the Code that is set forth in Section 162(m)(4)(C) of the Code.

  • Tax-Exempt Bonds means Bonds of a Series the interest on which, in the opinion of Bond Counsel on the date of original issuance thereof, is excludable from gross income for federal income tax purposes.

  • New Exemption means the exemption from real property taxation provided hereunder with respect to the Exemption Area.

  • QPAM Exemption is defined in Section 6.2(d).

  • Prior Exemption means any exemption from real property taxation for the Exemption Area pursuant to the Private Housing Finance Law or the General Municipal Law that was in effect prior to the Effective Date.

  • Exemptions means the exemptions from the registration and prospectus or equivalent requirements under Applicable Securities Laws;

  • INHAM Exemption is defined in Section 6.2(e).

  • Exemption means the exemption from real property taxation provided hereunder.

  • Exemption Area means the real property located in the Borough of Bronx, City and State of New York, identified as Block 5750, Lot 500 on the Tax Map of the City of New York.

  • Class Exemption A class exemption granted by the U.S. Department of Labor, which provides relief from certain of the prohibited transaction provisions of ERISA and the related excise tax provisions of the Code.

  • PPPFA Regulations means the Preferential Procurement Regulations, 2017 published in terms of the PPPFA.

  • the 1997 Regulations means the Zebra, Pelican and Puffin Pedestrian Crossing Regulations 1997.

  • ISA Regulations means The Individual Savings Account Regulations 1998, as amended or replaced from time to time.

  • the 2007 Regulations means the Civil Enforcement of Parking Contraventions (England) General Regulations 2007;

  • the 2001 Regulations means the Water Supply (Water Quality) Regulations 2001[63];

  • EEA Regulations means the Immigration (European Economic Area) Regulations 2006.