Tax preference definition

Tax preference means an abatement, credit, discount, exclusion, exemption, limitation on appraised value, refund, special valuation, special accounting treatment, special appraisal method or provision, special rate, or special method of reporting authorized by state law or the state constitution that relates to a state or local tax imposed in this state.
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Tax preference means, with respect to any state tax admin- istered by the department (except for the Washington estate and trans- fer tax in chapter 83.100 RCW and chapter 458-57 WAC), an exemption, exclusion, or deduction from the base of a state tax; a credit against a state tax; a deferral of a state tax; or a preferential state tax rate.
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Tax preference or “Tax Preferences” means any Tax holiday, concession, exemption, incentive, credit, rebate or agreement (including any agreement for the deferred payment of any Tax liability) with any Governmental Authority.
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Examples of Tax preference in a sentence

  • Tax preference items that are added to the AMT tax base include tax-exempt interest on certain private-activity bonds and excess depletion deductions.

  • Tax preference" has the meaning provided in RCW 43.136.021 and includes only the tax preferences requiring a report under this section.

  • Tax preference reviews are conducted by the Joint Legislative Audit and Review Committee (JLARC) according to the schedule established by the Commission.

  • Tax preference performance statement—2016 c 137 § 3: "(1) This section is the tax preference performance statement for the tax preference contained in section 3 of this act.

  • They will be utilized whenever the use of volunteers will meet the needs of our service.

  • Tax preference" means an exemp- tion, exclusion, or deduction from the base of a state tax; a credit against a state tax; a deferral of a state tax; or a prefer- ential state tax rate administered by the department.

  • Tax preference and approved documentIn 2009, the Company has been identified as High-tech Enterprises, therefore, it enjoys 15-percent preferential rate for corporate income tax; the Company’s controlling subsidiary—Changchai Wanzhou Diesel Engine Co., Ltd., the controlling subsidiary company, shall pay the corporate income tax at tax rate 15% from 1 Jan.

  • Tax preference" has the meaning provided in RCW 43.136.021 and includes only the tax preferences requiring a survey under this section.

  • Tax preference Except the preferential corporate income tax policy received by Nanjing Wind Power, for the period ended 30 June 2019, there was no tax preference that would have a significant impact on the Group.

  • See examples (3) and (4) in subparagraph (4) of this para- graph.(3) Tax preference offset.


More Definitions of Tax preference

Tax preference means a credit, discount,
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Tax preference means an exemption, exclusion, or deduction from the base of a state tax; a credit against a state tax, a deferral of a state tax, or a preferential state tax rate.
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Tax preference means an abatement, credit,
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Related to Tax preference

  • Liquidation Preference means, with respect to any Series, the amount specified as the liquidation preference per share for that Series in the Appendix for such Series.

  • Preferred Share means a share of stock of the General Partner of any class or series now or hereafter authorized or reclassified that has dividend rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the REIT Shares.

  • Series A Preferred means the Series A preferred stock, $.01 par value per share, of the Company.

  • Safe Preferred Stock means the shares of the series of Preferred Stock issued to the Investor in an Equity Financing, having the identical rights, privileges, preferences and restrictions as the shares of Standard Preferred Stock, other than with respect to: (i) the per share liquidation preference and the initial conversion price for purposes of price-based anti-dilution protection, which will equal the Conversion Price; and (ii) the basis for any dividend rights, which will be based on the Conversion Price.

  • Series A Preferred Shares means the Series A Preferred Shares of the Company, par value US$0.0001 per share, with the rights and privileges as set forth in the Memorandum and Articles.

  • Series A Preferred Stock means shares of the Company’s Series A Preferred Stock, par value $0.0001 per share.

  • Designated Preferred Stock means Preferred Stock of the Issuer or any direct or indirect parent of the Issuer (other than Disqualified Stock), that is issued for cash (other than to the Issuer or any of its Subsidiaries or an employee stock ownership plan or trust established by the Issuer or any of its Subsidiaries) and is so designated as Designated Preferred Stock, pursuant to an Officer’s Certificate, on the issuance date thereof.

  • Parent Preferred Stock means the preferred stock, par value $0.01 per share, of Parent.

  • Voting Parity Stock means, with regard to any matter as to which the holders of Designated Preferred Stock are entitled to vote as specified in Sections 7(a) and 7(b) of these Standard Provisions that form a part of the Certificate of Designations, any and all series of Parity Stock upon which like voting rights have been conferred and are exercisable with respect to such matter.