Nexus definition

Nexus means that a partnership’s business activity is of such a degree that the state or foreign country has jurisdic- tion to impose an income tax or franchise tax measured by net income. Under Public Law 86-272, a state can’t impose an income tax or franchise tax based on net income on a partnership selling tangible personal property if the part- nership’s only activity in the state is the solicitation of or- ders, which orders are approved outside the state and are filled by delivery from a point outside the state.
Nexus means that a taxpayer’s business activity in a state or foreign country is of such a degree that the state or foreign coun- try has jurisdiction to impose an income tax or franchise tax mea- sured by net income on the taxpayer. Nexus may exist even if a state or foreign country does not impose a tax on the taxpayer. Conversely, voluntary filing and paying income or franchise taxes when not required to do so, or paying a fee for qualification, orga- nization or for the privilege of doing business in that state or for- eign country does not, in itself, create nexus.
Nexus means the causal relationship that must exist between the improvements and the expected development and redevelopment in the TIF Project Zone or the expected outcomes in the TIF Project Zone.

Examples of Nexus in a sentence

  • Android, Chrome, Google Play, and Nexus are trademarks of Google Inc.

  • No.: 7518801808 • Bharuch 123 Nexus business Hub, Near Gangotri Hotel, B/s Rajeshwari Petroleum, Makampur Road, Bharuch - 392 001.

  • Additional costs are applicable in case Nexus must travel more than 250 kilometers one way.

  • In connection with the Quarterly Report of Nexus Enterprise Solutions, Inc.

  • Customer The party with whom Nexus has entered into the Agreement.


More Definitions of Nexus

Nexus means the causal relationship that must exist between the
Nexus means the appearance of a connection between a
Nexus means that an exempt organization’s unrelated trade or busi- ness activity is of such a degree that the state or foreign country has jurisdiction to impose an income tax or franchise tax measured by net income. Under Public Law 86-272, a state can’t impose an in- come tax or franchise tax based on net income on an exempt organization selling tangible personal property if the exempt organization’s only activity in the state is the solicitation of orders, which orders are approved outside the state and are filled by deliv- ery from a point outside the state.
Nexus means substantial nexus as defined in R.C. 5741.01(I).
Nexus means a connection or link with the state sufficient to subject a person to tax by the state, as described in Rule 6 of this Regulation.
Nexus and/or “Owner” means NEXUS Community Support Society.
Nexus means the activity carried on by a seller in Hawaii which is sufficiently connected with the seller’s ability to establish or maintain a market for its products in Hawaii. It includes issues of taxability addressed under the Due Process and Commerce Clauses of the United States Constitution to support the application of the GE tax and the use tax under chapters 237 and 238, Hawaii Revised Statutes (“HRS”), respectively.