Income Tax definition

Income Tax means any federal, state, local or foreign Tax (a) based upon, measured by or calculated with respect to net income, profits or receipts (including, without limitation, capital gains Taxes and minimum Taxes) or (b) based upon, measured by or calculated with respect to multiple bases (including, without limitation, corporate franchise taxes) if one or more of the bases on which such Tax may be based, measured by or calculated with respect to, is described in clause (a), in each case together with any interest, penalties, or additions to such Tax.
Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not;
Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not.

Examples of Income Tax in a sentence

  • In addition to Location Allowance, 7.5% of an employee's regular gross salary shall be designated as a travel allowance pursuant to the Income Tax Act.

  • Make payment payable to: School District Income Tax • Include the tax year, the last four digits of your SSN, and the school district number on the “Memo” line of your payment.

  • Department of Taxation 2021 Ohio IT 1040 Individual Income Tax Return Use only black ink/UPPERCASE letters.

  • See “Regulation” and “Certain U.S. Federal Income Tax Considerations” in this prospectus for more information on these requirements.

  • See “Distributions” and “Certain U.S. Federal Income Tax Considerations” in the accompanying prospectus.


More Definitions of Income Tax

Income Tax means any Tax imposed upon or measured by net income or gain (however denominated).
Income Tax or “Income Taxes” means any Tax that is imposed on or measured by or referred to as income, gross income, gross receipts, profits, capital stock, franchise or other similar Tax.
Income Tax means all U.S. federal, state, local and foreign income, franchise or similar Taxes imposed on (or measured by) net income or net profits.
Income Tax means any federal, state, local or foreign Tax determined (in whole or in part) by reference to net income, net worth, gross receipts or capital, or any such Taxes imposed in lieu of such a Tax. For the avoidance of doubt, the term “Income Tax” includes any franchise Tax, net worth, gross receipts, capital or any such Taxes imposed in lieu of such a Tax.
Income Tax means any income, franchise or similar Taxes imposed on (or measured by) net income or net profits.
Income Tax means a tax imposed on or measured by net income including any tax imposed on or measured by an amount arrived at by deducting expenses from gross income, one or more forms of which expenses are not specifically and directly related to particular transactions.