Income Taxes definition

Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.
Income Taxes means all federal, state, local, and foreign income or franchise Taxes or other Taxes based on income or net worth.
Income Taxes means Taxes (a) imposed on, or with reference to, net income or gross receipts, or (b) imposed on, or with reference to, multiple bases including net income or gross receipts.

Examples of Income Taxes in a sentence

  • The Cost of Capital Rate shall equal the proposed Weighted Costs of Capital plus Federal Income Taxes and State Income Taxes.

  • Any taxes (if applicable GST, Income Taxes or any other tax) will be deducted before making payment as per Government instructions/ notifications.

  • Any taxes (if applicable GST, Income Taxes or any other tax) will be deducted while making payment as per Government instructions/ notifications.

  • As a result, each Fund does not record income taxes under IAS 12 – Income Taxes (IAS 12) and accordingly does not recognize the deferred tax benefit associated with tax loss carry forwards and other taxable temporary differences.

  • The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.


More Definitions of Income Taxes

Income Taxes means any income, capital gains, franchise and similar Taxes.
Income Taxes means Taxes imposed upon, or measured by, net income.
Income Taxes means any taxes measured, in whole or in part, by net or gross income or profits together with any interest, penalties or additions to tax.
Income Taxes means any federal, state, county, provincial, local or foreign income, business profits or other similar Tax, any withholding or estimated Tax related thereto, any interest and penalties (civil or criminal) thereon or additions thereto, and any expenses incurred in connection with the determination, settlement or litigation of any Liabilities related to any such Tax.
Income Taxes means any federal, state or local Taxes determined by reference to income or imposed in lieu of income Taxes, such as Taxes based on net worth or gross receipts.
Income Taxes means any federal, state or local Taxes determined by reference to income or imposed in lieu of income Taxes, such as Taxes based on net worth or gross receipts.
Income Taxes means any Tax imposed upon or measured by net income or gross income (excluding any Tax based solely on gross receipts).