Tax Credits definition

Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.

Tax Credits means any and all (a) investment tax credits, (b) production tax credits and (c) similar tax credits or grants under federal, state or local law relating to the construction, ownership or production of energy from the System.

Examples of Tax Credits in a sentence

• The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.

• This exception applies only to the extent that the amount of the distribution does not exceed the costs of advanced education (as defined in Section 2005(d)(3) of Title 10 of the U.S. Code) attributable to such attendance; or • Included in income only because the Federal Qualified Higher Education Expenses were taken into account in determining the American Opportunity and Lifetime Learning Tax Credits.

• Affordable Rent shall be determined as those rents applied by TCAC for projects for which Tax Credits are awarded (without regard to the absence of Tax Credits for this Project).

• The Company shall use reasonable efforts to make distributions at least annually equal to the Company’s taxable income allocated to such Member for the applicable tax period multiplied by the Tax Rate and reduced by any Tax Credits attributable to such Member (the “Tax Distribution”).

• The NYSOH also provides information on programs that help people with low to moderate income and resources to pay for coverage, including Medicaid, Child Health Plus, Premium Tax Credits, and cost-sharing reductions.

More Definitions of Tax Credits

Tax Credits means federal low income housing tax credits, as authorized by Section 42.

Tax Credits means the PTC, ITC and any other state, local or federal production tax credit, depreciation benefit, tax deduction or investment tax credit specific to the production of renewable energy or investments in renewable energy facilities.

Tax Credits means energy credits under Section 48 of the Internal Revenue Code of 1986, as amended, or any successor to such section.

Tax Credits shall have the meaning provided in Section 38.01.

Tax Credits means federal 9% Low Income Housing Tax Credits granted pursuant to Section 42 of the Internal Revenue Code and/or California Revenue and Taxation Code Sections 17057.5, 17058, 23610.4 and 23610.5 and California Health and Safety Code Section 50199, et seq., as applicable.

Tax Credits means all credits against income or franchise taxes and credits allowable to Members under state, federal or other tax statutes.

Tax Credits means any state, local and federal production and investment tax credits, tax deductions, or other tax benefits specific to the production of renewable energy or investments in renewable energy facilities.