Company Tax Credits definition

Company Tax Credits means the state tax credits generated under the Oklahoma Rural Venture Capital Formation Incentive Act and resulting from the Company’s investments in the Venture made directly and through a SBCC as more particularly described in Section 2.4.
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Company Tax Credits shall refer to the amount of carry forward losses, deductible for tax purposes pursuant to French tax law, multiplied by the corporate income tax rate applicable to companies in fiscal year 1997;
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Examples of Company Tax Credits in a sentence

  • This is expected to cost $237,000 in FY 2017.Expanded Eligibility for High-Tech and Media Company Tax Credits in 2021: Beginning in 2021, companies located in the Ballpark TIF area would be eligible for the Qualified High Technology Company (QHTC) designation, and a new designation of “Qualified Digital Media Company” would be created for some media companies.

  • By 2030, renters will have a secure path to ownership with the number of first-time buyers increasing in all areas; and the government’s ambitionis for the number of non-decent rented homes to have fallen by 50%, with the biggest improvements in the lowest performing areas.

  • After the Preferred Credit Return Payout occurs, the Company Tax Credits shall be allocated to the Common Members in accordance with their Common Percentage Interest.

  • Until the occurrence of the Preferred Credit Return Payout, all Company Tax Credits shall be allocated to the Preferred Members in proportion to their respective Preferred Percentage Interests.

  • A list of employees of firms who were awarded a MPPTC and who collected wages during the period of analysis was established using the self-reported data provided by firms on RI Form 8201A, Motion Picture Production Company Tax Credits – Annual Employee Report.

Related to Company Tax Credits

  • Tax Credits means the low-income housing tax credits found in Section 42 of the Code, and all rules, regulations, rulings, notices and other promulgations thereunder.

  • Input Tax Credit means the credit of input tax;

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Tax Credit means a credit against, relief or remission for, or repayment of any Tax.

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Tax Attributes means net operating losses, capital losses, tax credit carryovers, earnings and profits, foreign tax credit carryovers, overall foreign losses, previously taxed income, tax bases, separate limitation losses and any other losses, deductions, credits or other comparable items that could affect a Tax liability for a past or future taxable period.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Tax Benefits means the net operating loss carryovers, capital loss carryovers, general business credit carryovers, alternative minimum tax credit carryovers, foreign tax credit carryovers, any loss or deduction attributable to a “net unrealized built-in loss” within the meaning of Section 382 of the Code, and the Treasury Regulations promulgated thereunder, of the Company or any of its Subsidiaries.

  • Tax Benefit means any refund, credit, or other reduction in otherwise required Tax payments.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Carryback means any net operating loss, net capital loss, excess tax credit, or other similar Tax item which may or must be carried from one Tax Period to another Tax Period under the Code or other applicable Tax Law.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Tax Asset means any net operating loss, net capital loss, investment tax credit, foreign tax credit, charitable deduction or any other credit or tax attribute that could be carried forward or back to reduce Taxes (including without limitation deductions and credits related to alternative minimum Taxes).

  • Tax Items shall have the meaning set forth in Section 6.4.A.

  • Tax Refund means any refund of Taxes (including any overpayment of Taxes that can be refunded or, alternatively, credited or applied to future Taxes payable), including any interest paid on or with respect to such refund of Taxes.

  • Tax Detriment means any item of income, gain, recapture of credit or any other Tax Item which increases Taxes paid or payable.

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • Tax Refunds means refunds of any Cash paid by the Participating CCAA Parties on account of Taxes, refunded to such Participating CCAA Parties from time to time by the applicable Taxing Authorities;

  • Precontribution Gain has the meaning set forth in subparagraph 4(c) of Exhibit B.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.