Sales Tax Base definition

Sales Tax Base means the amount of the sales and
Sales Tax Base means $50,000, which is the revenue actually produced from the levy of Town Sales Tax within the TIF Area in the Town Excise Tax Base Year.
Sales Tax Base means the historical production of Sales Tax by an existing Automobile Dealership, as calculated in the Sales Tax Report defined herein. The Sales Tax Base shall be calculated in a manner that takes into account the then-current economic state relative to the historical performance of an Automobile Dealership. In addition, it shall use a method determined by the preparer of the Sales Tax Report for averaging production over an appropriate period determined by the City, and as adjusted for inflation using the most recent available 12-month period for the Los Angeles-Riverside-Orange County, CA Consumer Price Index, with the intent being to ensure that a Participation Agreement does not reward a participating Dealership for increases in Sales Tax arising from general economic conditions, as opposed to increases resulting from improvements made by an Owner or Developer.

Examples of Sales Tax Base in a sentence

  • An agreement will be considered completed when CCC and the participant have fulfilled their responsibilities under the agreement or the agreement has been terminated.

  • Effective for filing periods beginning on or after March 1, 2016 and ending before January 1, 2018 Sales Tax Base Expansion Protection Act – N.C. Gen.

  • Unless and until the total Sales Tax Revenues in the Sales Tax Increment Area exceed the Sales Tax Base Amount in such Sales Tax increment Area, as provided in paragraph C(1)(b), above, all such Sales Tax Revenue shall be paid into the funds of the City.

  • The Understanding is premised on splitting the “Pledged Sales Tax Base Amount” (“PSTBA”) between the Commonwealth and COFINA.

  • It allocates 53.65% of the Pledged Sales Tax Base Amount to COFINA, and the remainder to the Commonwealth.

  • After recovering the DDA Payment, absent any future-approved agreements to the contrary, the Town will resume collecting, setting aside and paying the Sales Tax Base to the DDA as provided in the 2016 IGA.

  • A perfect model would exhibit a restricted gap between prices as the time horizon increases, not a growing gap as we see here.

  • However, VTA is working in partnership with other transportation organizations from around the state, as well as with key groups, on a potential amendment to California’s Constitution to change the voting requirement for local transportation sales tax from a two-thirds to a 55 percent majority vote.• Broadening the Sales Tax Base.

  • H3CITY COUNCIL AGENDA REPORT Meeting Date: April 16, 2018Department: Public WorksSubmitted By: Josh Shaw, City Manager Prepared By: Josh Shaw, City ManagerAgenda Title: Bid Award for Street Sales Tax Base Bid, Add Alternate, and City Lake Road Paving Projects RECOMMENDED ACTION: b(i) Approval of bid award to APAC for the combined total base bid of $680,569.60 for the street sales tax base bid (Lakeside II) and City Lake Rd.

  • The interests of the Commonwealth and all of its stakeholders are served by a final resolution of the question of Commonwealth access to the Pledged Sales Tax Base Amount and elimination of the chance of complete inaccessibility of such funds pending full payment of existing COFINA bonds.


More Definitions of Sales Tax Base

Sales Tax Base means the METRO Sales Tax for the quarter ending December 31, 2007.
Sales Tax Base means $56,268.60, which is the revenue actually produced from the levy of City Sales Tax (excluding the 0.25% sales tax dedicated to public safety) within the TIF Area in the City Excise Tax Base Year.
Sales Tax Base. – means the City’s Share of Sales Taxes in an amount equal to $300,000 in each Sales Tax Year.
Sales Tax Base for a reinvestment zone means the amount of

Related to Sales Tax Base

  • Sales Tax means all applicable provincial and federal sales, use, value-added or goods and services taxes, including GST/HST;

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • Base Tax Year means the property tax levy year used

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Goods and Services Tax (GST) shall mean any tax payable on the supply of goods, services or other things in accordance with the provisions of GST Law.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Property tax increment means the amount obtained by:

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • VAT means value added tax in accordance with the provisions of the Value Added Tax Xxx 0000.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • Gross Rooms Revenue means all revenues derived from the sale or rental of Guest Rooms (both transient and permanent) of the Hotel, including revenue derived from the redemption of points or rewards under the loyalty programs in which the Hotel participates, amounts attributable to breakfast (where the guest room rate includes breakfast), Mandatory Guest Fees, late cancellation fees, and guaranteed no- show revenue and credit transactions, whether or not collected, at the actual rates charged, less allowances for any Guest Room rebates and overcharges, and will not include taxes collected directly from patrons or guests. Group booking rebates, if any, paid by you or on your behalf to third-party groups for group stays must be included in, and not deducted from, the calculation of Gross Rooms Revenue.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • County-adjusted property tax base per square mile means the county-adjusted property tax base divided by the number of square miles of land area in the county.

  • GST means Goods and Services Tax charged on the supply of material(s) and services. The term “GST” shall be construed to include the Integrated Goods and Services Tax (hereinafter referred to as “IGST”) or Central Goods and Services Tax (hereinafter referred to as “CGST”) or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable.

  • Base Year means the period set forth in Section 5 of the Summary.