Tax Base definition

Tax Base means the values as reflected in the officially approved valuation roll of the municipality.

Tax Base shall be the amount stated in Exhibit 1 and shall apply to a Tax Period of twelve (12) months. Tax Base shall be reduced pro rata if and to the extent that the Tax Period contains fewer than twelve (12) months.

Tax Base means the annual per rentable square foot factor finally established to be the annual per rentable square foot factor to be used in computing payments in lieu of taxes for the tax year beginning July 1, 1998. "Tax Base" for any Additional Space, as such term is defined in the Lease, shall be determined as provided in the Lease.

Examples of Tax Base in a sentence

• The governing boards of certain of the Taxing Entities administer certain special districts and funds that receive allocations of property taxes from the Tax Base, and are authorized to execute this Agreement on behalf of such special districts and funds as described below.

• The City agrees that, consistent with the LRPMP, in connection with the conveyance of any of the Development Properties, the City will remit the Net Unrestricted Proceeds to the Alameda County Auditor-Controller for distribution to the Taxing Entities in accordance with each Taxing Entity’s pro rata share of the Tax Base.

• The City agrees that, consistent with the LRPMP, in connection with the conveyance of the Site, the City will remit the Net Sale Proceeds to the Orange County Auditor-Controller for distribution to the Taxing Entities in accordance with each Taxing Entity’s pro rata share of the Tax Base.

• If a Tax Abatement comes into effect after the date of award of the Lease, the amount of the tax adjustment shall be determined by multiplying the Government's Percentage of Occupancy by the difference between the current year Unadjusted Real Estate Taxes and the Real Estate Tax Base.

• Lessor acknowledges that the LCO shall rely on the completeness and accuracy of these submissions in order to establish the Real Estate Tax Base and to determine tax adjustments.

More Definitions of Tax Base

Tax Base means the values as reflected in the officially approved valuation roll of the municipality. “urban land” means land which is situated within a proclaimed township.

Tax Base means tax base as defined in International Accounting Standard 12 of IFRS or any International Accounting Standard replacing Interna-

Tax Base means the Taxes due and payable to one or more Governmental Authorities without penalty or interest within the Tax Year commencing January 1, 1997 with respect to General Taxes and July 1, 1997 with respect to School Taxes imposed by the village of Plainview (the "Tax Base Year"). Tenant has been made aware that hereafter the Tax Base may be reduced and such reduction will result in an increase in Tenant's Tax Payment for Tax Years subsequent to the Tax Base Year for which Tenant will be responsible and will pay as provided in Section 4.14 hereof. Any increase in the assessed value of the Project first effective with respect to any of the General Tax or the School Tax immediately subsequent to the Tax Base Year of such tax and prior to the third Tax Year after the Tax Base Year of such tax, shall not be recognized in computing Taxes, to the extent that in each such Tax Year, the increase in assessed value of the Project is in excess of the average increase in assessed value for commercial office rental properties within the village of Plainview, the burden of proof with respect to such increase being on Tenant. Tenant's Tax Payment with respect to a Tax Year (or if Taxes are payable in installments, the portion of Tenant's Tax Payment necessary to pay such installment) shall be due and payable one month prior to the last day on which Taxes or any installment thereof within such Tax Year is due and payable to a Governmental Authority without penalty or interest. With reasonable promptness after the Taxes for a Tax Year become known, Landlord shall furnish Tenant with a statement (an "Escalation Statement") which shall specify the Tax Base, the Taxes for the Tax Year to which the Escalation Statement pertains, Tenant's Tax Payment for such Tax Year, the payment in respect thereof required of Tenant, and if not previously furnished to Tenant, reasonable evidence of the payment of Taxes (inclusive of interest and penalties thereon) for the preceding Tax Year. Promptly after request made of Landlord by Tenant, Landlord will furnish Tenant, if and when available, with a copy of the Tax Xxxx for the Tax Year for which payment is required of Tenant. In no event shall a Tenant's Tax Payment be due and payable by Tenant prior to twenty (20) days after Landlord shall have furnished Tenant with the foregoing Escalation Statement with regard to such Tenant's Tax Payment or the applicable portion thereof, establishing that Taxes for the preceding Tax Year shall have bee...

Tax Base means business income, before apportionment or allocation as provided in chapter 3, even if zero or negative, subject to the adjustments in this section.

Tax Base means the average of the products obtained by multiplying (i) the amounts for which the tax lot(s) of which the Unit forms a part is assessed for the purpose of establishing real estate taxes to be paid by Landlord for the Tax Year (as defined in Section 36(a) hereof) commencing July 1, 1996 and ending June 30, 1997 and for the Tax Year commencing July 1, 1997 and ending June 30, 1998, by (ii) the real estate tax rates for such Tax Years, respectively.

Tax Base has the meaning set forth in Section 3.6.2 hereof.

Tax Base means the Taxes for the Tax Year (as defined in Section 4.1(c)) commencing January 1, 1997 and ending on December 31, 1997.