TAXES OTHER THAN INCOME Sample Clauses

TAXES OTHER THAN INCOME. 1. Ad Valorem Tax ISSUE: San Xxxxxxx estimated this expense based on a 2010 effective tax rate of 1.322% with a 2% annual escalation. DRA based its estimate on a 2010 effective tax rate of 1.314% without any escalation. In rebuttal testimony, San Xxxxxxx defended its assumption of a 2% annual escalation in the effective tax rate but applied an updated formula that reduced the 2010 effective rate to 1.182%. RESOLUTION: DRA and San Xxxxxxx agree that applying San Gabriel’s updated formula to the adopted forecast of utility plant based on the 2010 effective tax rate of 1.182% with a 1% annual escalation will provide a reasonable estimate of Ad Valorem Taxes for the Test Year. Issue SGV Direct SGV Rebuttal DRA Report Difference Settlement Ad Valorem Tax Tax rate of 1.322% with 2% annual escalation Tax rate of 1.182% with 2% annual escalation Tax rate of 1.314% with no annual escalation 0.008% plus 2% annual escalation Tax rate of 1.182% with 1% annual escalation REFERENCES: Exhibit SG-1, Chapter 7, pp. 7-2 to 7-3; Exhibit DRA-1 (Xxxxxxxxxx), pp. 5-1 to 5-2; Exhibit SG-17 (Dell’Osa), pp. 1-2.
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TAXES OTHER THAN INCOME. 20 ISSUE: Forecasted taxes other than income are comprised of the following; 21 payroll taxes, ad valorem or property taxes, business license taxes and local franchise 22 taxes. ORA and Cal Water applied the same methodology in forecasting taxes other 23 than income with one exception. In calculating local franchise taxes, Cal Water applied 24 local franchise tax rates to total operating revenues, and ORA proposed to apply the 25 franchise tax rates to total operating revenues net of uncollectibles.
Sample 1
TAXES OTHER THAN INCOME. To add Annual Property Tax Expense for Xxxxxxx Road project. In service date of 2021. See Step 2 - Sch. 3d 156 To add Annual Property Tax Expense for H2 Base project. In-service date of 2021. See Step 2 - Sch. 3d 157 To add Annual Property Tax Expense for H2 Co Meditation project. In-service date of 2021. See Step 2 - Sch. 3d 158 To add Annual Property Tax Expense for Main St. PRV project. In-service date of 2021. See Step 2 - Sch. 3d 159 To add Annual Property Tax Expense for Xxxxxx Tank Mixer project. In-service date of 2021. See Step 2 - Sch. 3d 160 To add Annual Property Tax Expense for East Road Water Main project. In-service date of 2021. See Step 2 - Sch. 3d Income Taxes Combined State and Federal Income Taxes See Step 2 - Sch. 1 Attachment C Step 2 Schedule 0x XX 00-000 XXXXXXXXX XXXX XXXXX COMPANY, INC. SECOND STEP ADJUSTMENT: 2021 PROJECTS CALCULATION OF NEW CUSTOMER REVENUE 2019 Annual Report Customer Count 3,857 2020 Annual Report Customer Count - 3,994 2020 Additional Customers (137) Projected Water Sales After Permanent Rate Increase $ 2,540,482 2020 Annual Report Customer Count ÷ 3,994 Average Projected Annual Revenue per Customer $ 636 Months in a year ÷ $ 12 Average Projected Monthly Revenue per Customer $ 53 2020 Additional Customers 137 Monthly Revenue per Customer * $ 53 Additional Monthly Revenue $ 7,261 Additional Monthly Revenue $ 7,261 Months in a year * $ 12 Additional Annual Revenue $ 87,132 Additional Annual Revenue $ 87,132 Incremental Expenses - See Step 2 - Sch. 4b - $ 17,843 Pre-Tax Annual New Customer Revenue $ 69,289 Pre-Tax Annual New Customer Revenue $ 69,289 Company's Effective Tax Rate x 27.08% Income Taxes on New Customer Revenue $ 18,766 Pre-Tax Annual New Customer Revenue $ 69,289 Income Taxes on New Customer Revenue - $ 18,766 After-tax New Customer Revenue $ 50,524 $ 50,524 Attachment C Step 2 Schedule 4b HAWC Incremental Expenses to offset additional revenues associated with 2020 new customers 4.27% 12/31/19 1,967,875 55,088 38,074 73,185 2,134,222 Company 84,095 Department Metered Sales to Residential Customers Fire Protection Revenue Late Fees Other Water Revenue Total Revenue $ 3,905 $ 858 $ 3,905 $ - $ 1,526 $ 9,366 $ 7,340 $ 577 $ 7,444 $ 2,449 $ 2,443 $ 1,526 $ 4,683 $ - $ 577 $ 3,722 $ - $ - Net Depreciation & CIAC Property Taxes Other Taxes Labor on Outside Jobs Well Expenses & Water Purchased Power Purchased for Pumping Pumping Expenses Chemicals Treatment Expense (Filters) Transm & Distribution Exp (Main...
Sample 1

Related to TAXES OTHER THAN INCOME

  • Taxes Other Than Income Taxes Upon the timely request by the Interconnection Customer, and at the Interconnection Customer’s sole expense, the CAISO or Participating TO may appeal, protest, seek abatement of, or otherwise contest any tax (other than federal or state income tax) asserted or assessed against the CAISO or Participating TO for which the Interconnection Customer may be required to reimburse the CAISO or Participating TO under the terms of this LGIA. The Interconnection Customer shall pay to the Participating TO on a periodic basis, as invoiced by the Participating TO, the Participating TO’s documented reasonable costs of prosecuting such appeal, protest, abatement, or other contest. The Interconnection Customer, the CAISO, and the Participating TO shall cooperate in good faith with respect to any such contest. Unless the payment of such taxes is a prerequisite to an appeal or abatement or cannot be deferred, no amount shall be payable by the Interconnection Customer to the CAISO or Participating TO for such taxes until they are assessed by a final, non-appealable order by any court or agency of competent jurisdiction. In the event that a tax payment is withheld and ultimately due and payable after appeal, the Interconnection Customer will be responsible for all taxes, interest and penalties, other than penalties attributable to any delay caused by the Participating TO.

  • Distributions Other Than Cash Whenever the Depositary shall receive any distribution other than cash on the deposited Preferred Stock, the Depositary shall, subject to Section 3.02, distribute to record holders of Receipts on the record date fixed pursuant to Section 4.04 such amounts of the securities or other property received by it as are, as nearly as practicable, in proportion to the respective numbers of Depositary Shares evidenced by the Receipts held by such holders, in any manner that the Depositary and the Company may deem equitable and practicable for accomplishing such distribution. If in the opinion of the Depositary after consultation with the Company, such distribution cannot be made proportionately among such record holders, or if for any other reason (including any requirement that the Company or the Depositary withhold an amount on account of taxes) the Depositary deems, after consultation with the Company, such distribution not to be feasible, the Depositary may, with the approval of the Company, adopt such method as it deems equitable and practicable for the purpose of effecting such distribution, including the sale (at public or private sale) of the securities or other property thus received, or any part thereof, at such place or places and upon such terms as the Depositary may deem proper. The net proceeds of any such sale shall, subject to Section 3.02, be distributed or made available for distribution, as the case may be, by the Depositary to record holders of Receipts as provided by Section 4.01 in the case of a distribution received in cash. The Depositary shall not be obligated hereunder to make any distribution of such securities to the holders of Receipts unless the Company shall have provided to the Depositary, upon request of the Depositary, an opinion of counsel stating that such securities have been registered under the Securities Act or do not need to be registered thereunder in order to be freely transferable.

  • Distributions Other than Spin-Offs If the Company distributes shares of its Capital Stock, evidences of its indebtedness or other assets or property of the Company, or rights, options or warrants to acquire Capital Stock of the Company or other securities, to all or substantially all holders of the Common Stock, excluding:

  • Taxes on Income Each Party shall be solely responsible for the payment of all taxes imposed on its share of income arising directly or indirectly from the efforts of the Parties under this Agreement.

  • Payment of Other Taxes by the Company The Company shall timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

  • Payment of Other Taxes Without limiting the foregoing, Borrowers shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at Agent’s option, timely reimburse Agent for payment of, any Other Taxes.

  • Payment of Other Taxes by the Borrower Without limiting the provisions of subsection (a) above, the Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.

  • Payment of Other Taxes by the Borrowers Without limiting the provisions of subsection (a) above, each Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable law.

  • Payment of Other Taxes by the Credit Parties The Credit Parties shall timely pay to the relevant Governmental Authority in accordance with Applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

  • Payment of Other Taxes by the Loan Parties Without limiting the provisions of subsection (a) above, the Loan Parties shall timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes.

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