Attributable Income definition

Attributable Income means any income attributed to Henvey Inlet First Nation pursuant to subsection 75(2) of the Income Tax Act;
View Source
Attributable Income is defined as the sum of the Per Lot Clearing Income plus the Per Lot Trading Income multiplied by the Clearing Percentage;
View Source
Attributable Income means that portion of the Annual Income which has been deemed the taxable income of the First Nation, as settlor of this Trust, pursuant to the application of subsection 75(2) of the Income Tax Act (Canada) and, as such, is not taxable income of the Trust;
View Source

Examples of Attributable Income in a sentence

  • Euronext Market Undertakings The Euronext Market Undertakings will compile an analysis showing the [***] in a comparative format to the analysis provided in 2) and will [***] to generate the Attributable Income.

Related to Attributable Income

  • Distributable Income means, for any period, the net income of Centurion Apartment REIT, including income earned from its proportionate interest under the Rollover Agreement and its applicable consolidated Subsidiaries for such period set out in its consolidated financial statements as determined in accordance with GAAP, subject to certain adjustments, including: (a) adding back the following items: depreciation, amortization (except for amortization of deferred financing costs, future income tax expense, losses on dispositions of assets and amortization of any net discount on long-term debt assumed from vendors of properties at rates of interest less than fair value); and (b) deducting the following items: future income tax credits, interest on convertible debentures to the extent not already deducted in computing net income, gains on dispositions of assets and amortization of any net premium on long- term debt assumed from vendors of properties at rates of interest greater than fair value and any other adjustments determined by the Trustees in their discretion.

  • Available Income means, on each Distribution Date, an amount calculated for each of the Paired Trusts as all funds on deposit in the applicable trust on that Distribution Date after that trust has (i) set aside an amount equal to the Fee Deduction Amount to pay fees and expenses, (ii) paid or received a payment from the other Paired Trust under the income distribution agreement and (iii) acquired treasuries with an aggregate purchase price equal to the Aggregate Par Amount of its shares as of that Distribution Date.

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Attributable Value means, as to a Capitalized Lease Obligation under which any Person is at the time liable and at any date as of which the amount thereof is to be determined, the capitalized amount thereof that would appear on the face of a balance sheet of such Person in accordance with GAAP.