Examples of Taxable in a sentence

The Agreement will be effective as of the Commencement Date through the end of the Reporting Period and, pursuant to Indiana Code § 6-3.1-13-19(4), shall also remain in effect for two (2) years following the last Taxable Year in which the Company claims the tax credit or carries over an unused part of the tax credit (the “Term of the Agreement”).
Furthermore, no credit shall be earned in any Taxable Year in which the Company’s net full-time employment at the Project Location fails to exceed the Base Employment Number.
In no event shall a tax credit be extended for a period greater than ten (10) Taxable Years commencing with the First Eligible Taxable Year, as required pursuant to Indiana Code § 6-3.1-13-18(a).
The Base Withholding Amount will be adjusted each Taxable Year for inflation, using the United States Bureau of Labor Statistics Compensation (Not Seasonally Adjusted): Employment Cost Index for Total Compensation, private industry workers.
The credit amount earned in each Taxable Year shall not exceed the incremental State income tax withholdings attributable to the Project, as defined by Indiana Code § 6–3.1–13–5 and in accordance with Indiana Code § 6–3.1–13–18.

More Definitions of Taxable

Taxable means that interest on the Bonds (including for this purpose the Refunding Obligations) is includable in the gross income of any Holder thereof for any reason other than the fact that such Holder is a "substantial user" of the Project or a "related person" as those terms are used in Section 147(a) of the Code. Interest on the Bonds shall not be deemed "Taxable" because interest is includable in any calculation of income for purposes of any alternative minimum tax, any foreign branch profits tax or any other type of taxation other than the regular federal tax imposed on gross income.

Taxable means, with respect to any bonds, that the bonds are not tax-exempt.

Taxable shall have the meaning as set forth in Section 4.13(e) hereto.

Taxable means that, for purposes of federal income taxation, interest on the Series 2024 Warrants is includible in the gross income of any Holder thereof for any reason. Interest on the Series 2024 Warrants shall not be deemed “Taxable” because interest is includible in any calculation of income for purposes of an alternative minimum tax, a foreign branch profits tax or any other type of taxation other than the regular tax imposed on gross income.

Taxable means subject to the 5% GST or to the HST rate in effect in a particular province. “Zero- rated” means subject to the GST/HST at 0%.