Specific tax definition

Specific tax means a tax levied under 1974 PA 198, MCL 207.551 to 207.572.
Sample 1Sample 2Sample 3
Specific tax means a tax levied under any of the following:
Sample 1Sample 2
Specific tax means a tax levied under the Plant Rehabilitation and Industrial Development Act, Act 198 of the Public Acts of 1974, MCL 207.551 to 207.572; the Commercial Redevelopment Act, Act No. 255 of the Public Acts of 1978, MCL 207.651 to 207.668; the Enterprise Zone Act, Act No. 224 of the Public Acts of 1985, MCL 125.2101 to 125.2123; Act No. 189 of the Public Acts of 1953, MCL 211.181 to 211.182; or the Technology Park Development Act, Act No. 385 of the Public Acts of 1984, MCL 207.701 to 207.718.
Sample 1

Examples of Specific tax in a sentence

  • Specific tax questions must be resolved by reference to the applicable contract terms and to the pertinent tax laws and regulations.

  • Specific tax: it is established in relation to quantity, for example, a set quantity of cigarettes, or by weight.

  • Specific tax rates may apply if these instruments are sold when such commercial (independent) activity ceases or is sold.

  • Specific tax consequences may be applicable to certain categories of corporations, e.g. investment companies and life insurance companies, not described below.

  • Specific tax incentives also boosted rather than restrained the overheated construction sector.

  • Specific tax legislation exists to ensure that they are treated as partnerships for tax purposes, rather than as companies.

  • Specific tax provisions of the bill include: reducing the federal excise tax to $3.50 per barrel on the first 60,000 barrels for domestic brewers producing fewer than 2 million barrels annually; reducing the federal excise tax to $16 per barrel on the first 6 million barrels for all other brewers and all beer importers; keeping the excise tax at the current $18 per barrel rate for barrelage over 6 million.

  • Specific tax expenses Starting with the year 2017, with the entry into force of Law no.170 / 2016 regarding the specific tax for certain activities, the company owes this type of tax for the activity of the canteen that operates under its subordination.

  • Specific tax treatment guidelines are covered on the Affidavit of Domestic Partnership form.

  • Specific tax problems which may arise in connection with inland waterways transport, in particular between adjacent countries, could also be settled specially by bilateral agreement.


More Definitions of Specific tax

Specific tax means a tax levied under 1974 PA 198, MCL
Sample 1
Specific tax means a tax levied under any of the following: (i) 1974 PA 198, MCL 207.551 to 207.572.
Sample 1

Related to Specific tax

  • Specific local tax means a tax levied under 1974 PA 198, MCL 207.551 to 207.572, the commercial redevelopment act, 1978 PA 255, MCL 207.651 to 207.668, the technology park development act, 1984 PA 385, MCL 207.701 to 207.718, and 1953 PA 189, MCL 211.181 to 211.182. The initial assessed value or current assessed value of property subject to a specific local tax shall be the quotient of the specific local tax paid divided by the ad valorem millage rate. However, after 1993, the state tax commission shall prescribe the method for calculating the initial assessed value and current assessed value of property for which a specific local tax was paid in lieu of a property tax.

  • input tax , in relation to a vendor, means—

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • central tax means the central goods and services tax levied under section 9 of the Central Goods and Services Tax Act;

  • Additional Tax means in addition to Restaurant Tax. (C) “Additional Tax” means in addition to Commercial Lease. Review each City/Town for tax on Food for Home Consumption. (B) If you report under Hotel (Business code 044), this city has an Additional Hotel tax rate that must be applied and reported (Business Code 144). (D) Report amount due on materials purchased exempt from tax and incorporated into a Maintenance, Repair, Replacement or Alteration (MRRA) project. (E) When reporting for Short Term Motor Vehicle you must report Business Code 214 and 114 for this City.

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • Property Tax means the general property tax due and paid as set

  • State tax means the tax levied under this Act;

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • Property tax increment means the amount obtained by:

  • Sales Tax means all applicable provincial and federal sales, use, value-added or goods and services taxes, including GST/HST;

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

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

  • Backup Annual Special Tax means the Special Tax of that name described in Section E.

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • VAT means Value Added Tax

  • Additional Taxes means taxes, duties or other governmental charges imposed on the Trust as a result of a Tax Event (which, for the sake of clarity, does not include amounts required to be deducted or withheld by the Trust from payments made by the Trust to or for the benefit of the Holder of, or any Person that acquires a beneficial interest in, the Securities).