TAX EXPENSE Sample Clauses

TAX EXPENSE. Tenant shall pay directly to Landlord within 15 days ----------- of receipt by Tenant of invoice from Landlord (including a copy of tax xxxx), real estate taxes assessed during the Term hereof (on a pro rata basis at the beginning or end of the Term) attributable to the Tenant's Lot and the Building and any assessment, levy, imposition or tax (including any tax which may replace or be assessed in lieu of any of the foregoing), imposed by any authority and agency having the direct power to tax against the Tenant's Lot and the Building (the "Tax Expense"). Landlord will pay the real estate taxes directly to the relevant taxing authority. Any real estate taxes assessed during each of the first and last calendar years of the Term of this Lease shall be pro rated based on the actual number of days in which the Lease Term is in effect during such year bears to the actual number of days in such calendar year. The term "real estate taxes" means the real estate taxes, betterment assessments, water, rates or charges, and such other governmental charges and impositions which are or may be charged, levied, assessed, imposed or become due and payable with respect to the Lot, Building, and other improvements comprising the Premises. Landlord agrees that Tax Expense shall include annually only Tenant's annual share of the cost of any betterment, based on the useful life of such betterment. All such payments shall be made to Landlord within 15 days of receipt by Tenant of invoice from Landlord (including copy of the tax xxxx). Tenant shall furnish to Landlord copies of such bills and receipts evidencing payment for Landlord's records. Notwithstanding the foregoing, Tenant shall have no responsibility for late payment penalty or interest if Tenant's payment was timely as above provided. Tenant shall also pay all personal property taxes for Tenant's personal property on the Premises or used in connection therewith. To the extent permitted by law, Tenant shall pay, when
Sample 1
TAX EXPENSE. Major components of tax expense consisted of: Baht For the three-month period ended September 30, Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Income tax expense shown in profit or loss : Current tax expense: Income tax expense for the period 26,423,166 26,416,605 21,356,242 18,959,498 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal (1,136,216) (1,865,275) (1,169,220) (1,668,200) Total 25,286,950 24,551,330 20,187,022 17,291,298 Baht For the nine-month period ended September 30, Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Income tax expense shown in profit or loss : Current tax expense: Income tax expense for the period 29,957,053 55,451,351 23,022,985 44,989,687 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal (3,036,571) (5,264,016) (3,102,771) (3,644,624) Total 26,920,482 50,187,335 19,920,214 41,345,063 For the three-month period ended September 30, 2020 and 2019 the Company and its subsidiaries have transferred the deferred tax at the amount of Baht 0.33 million and Baht 0.33 million respectively, and for the nine-month period then ended at the amount of Baht 0.99 million and Baht 0.99 million respectively, from retained earnings to revaluation reserve. This amount relates to the difference between the actual depreciation based on the fixed assets and equivalent depreciation based on the cost of the fixed assets.
Sample 1
TAX EXPENSE. The following table sets forth, for the periods indicated, details of tax expense computation. Year ended March 31, 2004 2005 (in millions) Tax at marginal rate on income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rs. 6,815.6 Rs. 9,326.7 Adjustments Difference in book and tax depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 495.8 1,800.0 Bad debts written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,241.9 (13,839.5) Surplus on sale of property/assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18.5 20.8 Dividend, exempt interest and other income . . . . . . . . . . . . . . . . . . . . . . . . . . . (2,876.6) (3,240.0) Capital gains on sale of shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4,013.4) (3,940.0) Fair value utilization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (8,663.8) (2,510.0) Other adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,152.2 1,728.0 Net adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (12,645.4) (19,980.8) Tax (savings)/outgo thereon—other than capital gains . . . . . . . . . . . . . . . . . . . . . . . (4,536.5) (7,311.5) Capital gains on sale of shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 211.4 204.9 Tax (savings)/outgo thereon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4,325.1) (7,106.6) Add/(less): Deferred taxes and other tax provisions . . . . . . . . . . . . . . . . . . . . . . . . . 136.7 3,059.9 Total income tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rs. 2,627.2 5,190.0 Wealth tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24.0 30.0 Total taxation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rs. 2,651.2 Rs. 5,220.0 Notes: Adjusted profit before taxation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rs. 18,998.2 Rs. 25,242.0 Marginal rates of tax—other than long-term capital gains . . . . . . . . . . . . . . . . . . . . 35.88% 36.59% Long-term capital gains . ....
Sample 1
TAX EXPENSE. 19.1 Major components of income tax expense for the three-months period ended March 31, 2021 and 2020 consisted of: Thousand Baht Consolidated financial statements Separated financial statements 0000 0000 0000 2020 Income tax expense shown in profit or loss : Current tax expense: Income tax expense for the period - - - - Deferred tax expense (income) : Changes in temporary differences relating to the original recognition and reversal 4,430 - 4,492 - Total 4,430 - 4,492 -
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TAX EXPENSE. (a) For purposes of Paragraph 13 the following Definitions shall apply.
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TAX EXPENSE. Effective Tax Ratio = -------------------------
Sample 1
TAX EXPENSE. In addition to the Rent set forth in Xxxxxxxxx 0, Xxxxxx shall pay its share, which is defined on Page 1, of all real property taxes applicable to the land and improvements included within and upon the Lot (“Tax Expense”). The term “Tax Expense” includes any form of tax and assessment (general, special, ordinary or extraordinary), commercial rental tax, payments under any improvement bond or bonds, license, rental tax, transaction tax, levy, or penalty imposed by authority having the direct or indirect power of tax (including any city, county, state or federal government, or any school, agricultural, lighting, drainage or other improvement district thereof) as against any legal or equitable interest of Lessor in the Premises, Lot or Park, as against Lessor’s right to rent or other income therefrom, or as against Lessor’s business of leasing the Premises or the occupancy of Lessee or any other tax, fee, or excise, however described, other than inheritance or estate taxes, including any value added tax, or any tax imposed in substitution, partially or totally, of any tax previously included within the definition of real property taxes, or any additional txt the nature of which was previously included within the definition of real property tax. C.
Sample 1
TAX EXPENSE. 29.1 Major components of income tax expense for the year ended December 31, 2014 and 2013 consisted of: Baht Consolidated financial statements Separate financial statements 2014 2013 2014 2013 Income tax expense shown in profit or loss : Current tax expense: Income tax expense for the year 29,889,935 37,094,260 29,889,935 37,094,260 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal 4,977,908 590,491 4,987,352 590,491 Total 34,867,843 37,684,751 34,877,287 37,684,751 In addition, for the year ended December 31, 2014 and 2013, the Company has transferred the deferred tax at the amount of Baht 2.10 million and Baht 1.69 million respectively, from retained earnings to revaluation reserve. This amount relates to the difference between the actual depreciation based on the fixed assets and equivalent depreciation based on the cost of the fixed assets.
Sample 1

Related to TAX EXPENSE

  • Operating Expenses The Lessor shall have no obligation to provide any services, perform any acts, or pay expenses, charges, obligations or costs of any kind whatsoever with respect to the Premises. The Lessee hereby agrees to pay one-hundred percent (100%) of any and all Operating Expenses as hereafter defined for the entire term of the Lease and any extensions thereof in accordance with specific provisions hereinafter set forth. The term “Operating Expenses” shall include all costs to the Lessor of operating and maintaining the Premises, and shall include, without limitation, real estate and personal property taxes and assessments, management fee(s), heating, air conditioning, HVAC, electricity, water, waste disposal, sewage, operating materials and supplies, service agreements and charges, lawn care, snow removal, restriping, repairs, repaving, cleaning and custodial, security, insurance, the cost of contesting the validity or applicability of any governmental acts which may affect operating expenses, and all other direct operating costs of operating and maintaining the Premises and related parking areas, unless expressly excluded from operating expenses.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.