Federal Income Tax definition

Federal Income Tax means any Tax imposed by Subtitle A of the Code other than an Employment Tax, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.
Federal Income Tax means any Tax imposed by Subtitle A of the Code, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.
Federal Income Tax or “Federal Income Taxes” means any Tax imposed under Subtitle A of the Code (including the Taxes imposed by Sections 11, 55, 59A, and 1201(a) of the Code), and any other income based United States Federal Tax which is hereinafter imposed upon corporations.

Examples of Federal Income Tax in a sentence

  • Xxxx XXX if your spouse is the only designated beneficiary, or if Federal Income Tax Status of Your Xxxx XXX.

  • However, for Federal Income Tax purposes, the amount of a participating employee's taxable income and of their wages for withholding tax purposes shall not include such participating employee's required contribution picked up by the City.

  • The statements in the Registration Statement and the Prospectus under the captions “Description of Capital Stock,” and “Material Federal Income Tax Considerations,” insofar as such statements summarize legal matters, agreements, documents or proceedings discussed therein, are accurate and fair summaries of such legal matters, agreements, documents or proceedings and present the information required to be shown.

  • Deductions shall be made only when the employee has sufficient earnings to cover the same after deductions for Federal Social Security (F.I.C.A.); individually authorized Deferred Compensation; Federal Income Tax; State Income Tax, local or city income tax; other legally required deductions; individually authorized participation in State programs and enrolled employee's share of insurance premiums.

  • The amount withheld is determined in the same manner as the Federal Income Tax.


More Definitions of Federal Income Tax

Federal Income Tax means any Tax imposed by Subtitle A or F of the Code.
Federal Income Tax means any Income Tax imposed by the United States government.
Federal Income Tax means the income tax imposed by the Internal Revenue Code.
Federal Income Tax means United States federal income tax.
Federal Income Tax means all federal taxes levied on the income of a natural person or organization by the United States Department of the Treasury under the Internal Revenue Code of 1986, or any subsequent corresponding internal revenue code of the United States, as amended from time to time;
Federal Income Tax means any Income Tax imposed on corporations under the Code.
Federal Income Tax or “FEDERAL INCOME TAXES” means any tax imposed under Subtitle A of the Code (including the taxes imposed by Sections 11, 55, 59A, and 1201(a) of the Code), including any interest, additions to Tax, or penalties applicable thereto, and any other income based Federal Tax which is hereinafter imposed upon corporations.