Income year definition

Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;
Income year means any year or accounting period ending on the Balance Date;
Income year means, with respect to entities subject to the insurance premiums tax under chapter 207, the corporation business tax under this chapter or the utilities company tax under chapter 212, the income year as determined under each of said chapters, as the case may be;

Examples of Income year in a sentence

  • The appointment of the auditor for the next Income Year must be authorised by a resolution of the Adult Members present at the AGM.

  • The Trust shall give notice calling for nominations for those Trustee positions for which elections are required at least 3 months before the annual general meeting of the Trust for that Income Year, and in any event in sufficient time for the election to be concluded in accordance with rule 5 of this Schedule.

  • The Trustees must ensure that the financial statements of the Trust for each Income Year are audited by a chartered accountant in public practice generally within 4 months after the end of that Income Year or in any event, prior to the next AGM.

  • Subject to any restrictions set out in this deed, at any time before the Distribution Date the Trustees may pay, apply or appropriate all or part of the Income arising from the Trust Fund in an Income Year to, or for the maintenance, education or advancement, or in any other way for the benefit, of any one or more of the Beneficial Owners.

  • Consolidated Statement of Comprehensive Income Year ended December 31, 2018Consolidated Statement of Financial Position As of December 31, MANAGEMENT’S DISCUSSION AND ANALYSIS OFFINANCIAL CONDITION AND RESULTS OF OPERATIONSThe following discussion should be read in connection with “Selected Consolidated Financial Information” and our consolidated financial statements, including the notes thereto, included elsewhere in this offering memorandum.


More Definitions of Income year

Income year means, in respect of the income of any person, the year in which that income has been derived by that person;
Income year means the period established by an applicant for federal income tax purposes.
Income year means (A) with respect to corporations subject to taxation under chapter 208, the income year as determined under said chapter, (B) with respect to insurance companies, hospital and medical services corporations subject to taxation under chapter 207, the income year as determined under said chapter, and (C) with respect to taxpayers subject to taxation under chapter 229, the taxable year determined under chapter 229;
Income year means the Business Firm's Income Year, as defined in C.G.S. Section 12-213(a)(5).
Income year means a period from the first day of Shrawan (15 July) of any year to the last day of Ashad (14 July) of the next year.
Income year means the income year as determined in chapter 207 for the taxpayer;
Income year means with respect to entities subject to taxation under chapters 207 to 212a, the income year as determined under each of said chapters, as the case may be.