Existing Tax definition

Existing Tax means the one-half of one percent retail transactions and use tax adopted pursuant to Ordinance No. 89-01 and Ordinance No. 90-01.
Existing Tax means the one-half of one percent (0.500%) retail transactions and use tax adopted by County voters in 2004 and implemented in 2009, which is set to expire in 2039.
Existing Tax means the Measure A one-half of one-percent retail transactions and use tax adopted pursuant to Ordinance No. STA-04-01.

Examples of Existing Tax in a sentence

  • Proximity to Existing Tax Credit Projects A favorable statement of conclusions about the strength of the market for the proposed project does not operate to vest in an Applicant or project any right to a reservation or Allocation of Tax Credits in any amount.

  • Proximity to Existing Tax Credit ProjectsNHD must monitor the distribution of tax credit projects across the state as well as in particular submarkets.

  • Existing Tax Structure: Summary of existing Central Tax Structure is as follows: C.

  • Assessing the Existing Tax SystemThe above examples illustrate the various traditional concepts of neutrality and how they are embodied in basic tax structures.

  • Provide Tax Credit for Energy Efficient Commercial Building Property Expenditures in Lieu of Existing Tax Deduction Description of Proposal In general Code section 179D provides an election under which a taxpayer may take an immediate deduction equal to energy-efficient commercial building property expenditures made by the taxpayer.

  • Should any provision of this ordinance for any reason be held invalid or unenforceable by a court of competent jurisdiction, that holding shall not affect the validity or enforceability of the remaining provisions, or the Existing Tax, and the Authority declares that it would have passed each part of this ordinance irrespective of the validity of any other part.

  • Modify Existing Tax Incentives to Enhance Benefits Changes to the PTC and ITCCertain features of the Section 1603 grant have provided a number of indirect benefits for renewable energy projects and investors.

  • This includes the late-filing penalty as long as the return is filed by September 30, 2020. Interest on Existing Tax Debti.

  • There shall be no concurrent assessment of the Existing Tax and the tax to be imposed pursuant to this Ordinance.

  • Hierin ontvouwde de partij haar visie op het onderwijs- beleid voor de komende tien jaren.


More Definitions of Existing Tax

Existing Tax means the ½ % retail transactions and use tax adopted pursuant to Ordinance No. 88-01.
Existing Tax means, collectively, (i) the three-quarter of one percent (0.75%) city-wide sales and use tax and (ii) the one-quarter of one percent (0.25%) city-wide sales and use tax authorized by the Act and presently being levied and collected within the City for the purpose of securing the payment of the Prior Bonds.
Existing Tax means the one-half of one percent retail transactions and use tax adopted pursuant to Ordinance No. STA-0002.

Related to Existing Tax

  • Post-Closing Taxes means Taxes of the Company for any Post-Closing Tax Period.

  • School operating taxes means local ad valorem property taxes levied under section 1211 of the revised school code, MCL 380.1211, and retained for school operating purposes.

  • Existing tank system or “existing component” means a tank system or component that is used for the storage or treatment of hazardous waste and that is in operation, or for which installation has commenced on or prior to July 14, 1986. Installation will be considered to have commenced if the owner or operator has obtained all Federal, State, and local approvals or permits necessary to begin physical construction of the site or installation of the tank system and if either (1) a continuous on-site physical construction or installation program has begun, or (2) the owner or operator has entered into contractual obligations — which cannot be canceled or modified without substantial loss — for physical construction of the site or installation of the tank system to be completed within a reasonable time.

  • Pre-Closing Taxes means Taxes of the Company for any Pre-Closing Tax Period.

  • Post-Closing Tax Period means any taxable period beginning after the Closing Date and, with respect to any Straddle Period, the portion of such Straddle Period beginning after the Closing Date.

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).

  • Pre-Closing Tax Returns has the meaning specified in Section 8.04(a).

  • Existing Term Loan Agreement means that certain Term Loan Credit Agreement dated as of October 22, 2010 by and among Holdings, the Company, as borrower, the Subsidiary Guarantors, the lenders party thereto from time to time and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

  • Additional Agreement has the meaning assigned to such term in Article 8.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • Applicable Foreign Obligor Documents has the meaning specified in Section 5.12.

  • Pre-Closing Tax Periods means all taxable periods of the Company ending on or before the Closing Date.

  • Existing Agreement has the meaning set forth in the recitals hereto.

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

  • Existing Facility Agreement means Existing Facility Agreement A, Existing Facility Agreement B, Existing Facility Agreement C and Existing Facility Agreement D and, in the plural, means all of them;

  • Existing Lien shall have the meaning assigned to such term in Section 6.02(c).

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Existing use means a use actually attained in a surface water of the state on or after November 28, 1975, whether or not it is a designated use.

  • Existing uses means those uses actually attained in a water body on or after November 28, 1975, whether or not they are included in the water quality standards.

  • Existing Credit Facility means the credit facility evidenced by that certain Credit Agreement, dated as of October 26, 2006, by and among the Borrower, the lenders party thereto, and JPMCB, as administrative agent, as amended.

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Senior Priority Obligations means the Original First Lien Obligations and any Additional Obligations constituting Senior Priority Debt.