Earnings Tax definition

Earnings Tax means the tax collected by the City pursuant to Section 68- 382 of the Code of Ordinances of Kansas City, Missouri, or any amendment or successor provision thereto (exclusive of penalties and interest) on earnings of employers and employees of employers located in the City.
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Examples of Earnings Tax in a sentence

  • Questions should be directed to the Business and Earnings Tax Unit at (▇▇▇) ▇▇▇-▇▇▇▇.

  • A Rhode Island Gross Earnings Tax adjustment will be applied to the charges determined above in accordance with Rhode Island General Laws.

  • Developer will have 180 days following the date of Developer is provided the Earnings Tax Revenue Statement (the “Earnings Tax Revenue Comment Period”) in which to provide comments to or protest the Earnings Tax Revenue (Actual) set forth in the Earnings Tax Revenue Statement.

  • As referenced in Section 2.01 above, the City intends, on or before the last day of each fiscal year of the City while the Series B Office Building Bond is outstanding, to make the Earnings Tax Revenue Appropriation for the next fiscal year by budgeting and appropriating for the next fiscal year, an amount equal to the Earnings Tax Revenue Appropriation Estimate.

  • Within 21 days following the expiration of the Quarterly Reporting Period (each, a “Quarterly Reporting Date”), the Office Building Earnings Tax Revenue received by the City during the preceding Quarterly Reporting Period will be disbursed by City to the Office Building Bond Trustee, in accordance with the requirements of Article II above.

  • Such approval will be considered no more than 21 days following the expiration of the Quarterly Reporting Period during the Earnings Tax Revenue Allocation Period.

  • Developer may use the Developer Earnings Tax Revenue Allocation at its discretion including, among other things, to pay Series A Office Building Bond Debt Service and the Developer Private Loan, subject, however to any rights to the Developer Earnings Tax Revenue Allocation of any lender or bond owner to whom Developer has pledged, or caused to be pledged, the Developer Earnings Tax Revenue Allocation.

  • As referenced in Section 2.01, provided that the Bond Closing on the Office Building Bonds occurs, the City agrees, subject to the City Council’s approval of each annual Earnings Tax Revenue Appropriation, to pay the Developer Earnings Tax Revenue Allocation, until the end of the Earnings Tax Revenue Allocation Period.

  • The Garage Bond Debt Service resulting from Developer’s draw-down of the Garage Bond (on behalf of Port KC) will be paid by City from (i) Strata AIM Zone Revenue, and (ii) Earnings Tax Revenue generated from the operation of the Garage Project; and (iii) subject to annual appropriation, an amount sufficient to pay the remaining and then due and owing Garage Bond Debt Service.

  • City agrees that any Earnings Tax Revenue generated from the operation of the Garage Project will be timely paid to the Garage Bond Trustee, to apply to the Garage Bond Debt Service.