Examples of Economic Activity Taxes in a sentence
Consideration of acceptance of the Economic Activity Taxes Report, and other matters related thereto.
The City shall comply with all applicable state laws limiting disclosure of sales tax information related to individual businesses provided to the City as documentation of Economic Activity Taxes.
Payment due dates for EATs (Economic Activity Taxes) vary depending on the tax, and, in some cases, the amount of sales taxes generated.
Consideration of approval of Economic Activity Taxes Report, and other matters related thereto.
City shall comply with all applicable state laws limiting disclosure of sales tax information related to individual business provided to the City as documentation of Economic Activity Taxes.
Source: State of Maryland Out-of-Home Placement and Family Preservation Resource Plan, FY2011.
In addition to the Payments in Lieu of Taxes described herein, (i) pursuant to Section 99.845 of the TIF Act, fifty percent (50%) of Economic Activity Taxes shall be allocated to, and paid by the local political subdivision collecting officer to the City Treasurer or other designated financial officer of City, who shall deposit such funds in the Economic Activity Account within the Special Allocation Fund.
The City shall take responsibility for collecting Economic Activity Taxes payable by each taxing district using its normal procedures.
City, following reasonable research and investigation, using independent consultants, accountants and counsel shall certify the nature and amount of Economic Activity Taxes payable by each Taxing District from which Economic Activity Taxes are due, or as otherwise required by the procedures and requirements of the Taxing District from time to time established.
These obligations are to be paid from Phase 2 Economic Activity Taxes (EATs) revenues in excess of 125% of the debt service payments of the related tax increment and sales tax revenue bonds.