Sales Tax Recovery definition

Sales Tax Recovery means a refund or other recovery of or against a sales, use or similar gross receipts-based Tax (or a reduction in a sales, use or similar gross receipts-based Tax liability arising from a credit or deduction) under applicable sales, use or similar gross receipts-based Tax law.
Sample 1

Examples of Sales Tax Recovery in a sentence

  • Sales Tax shall be paid in accordance with the Sales Tax Recovery Program Special Conditions when applicable, as determined by the Owner and/or Engineer.

  • The Owner Sales Tax Recovery Program Special Conditions are incorporated herein by reference.

  • Except for item(s) specifically identified by the vendor and accepted by the County for direct County purchase under the Sales Tax Recovery Program, contractors doing business with the County are not exempt from paying sales tax to their suppliers for materials needed to fulfill contractual obligations with the County, nor is any vendor authorized to use the County Tax Exemptions for such purchases.

  • When the County undertakes the construction of new or renovated facilities, the Sales Tax Recovery Resolution No. 96-R-177 will apply when deemed to be in the best interest of the County.

  • The purchasing provisions for Sales Tax Recovery in County bid documents may be integrated with the purchasing criteria provided by the Florida Department of Revenue.

  • Sales Tax Recovery Program Special Conditions For Owner Furnished Materials and Equipment consisting of 5 pages.

  • Except for item(s) specifically identified by the vendor and accepted by the County for direct County purchase under the Sales Tax Recovery Program, Contractors doing business with the County are not exempt from paying sales tax to their suppliers for materials to fulfill contractual obligations with the County, nor shall any contractor be authorized to use any of the County’s Tax Exemptions in securing such materials.

  • When the County undertakes the construction of new or renovated facilities, the Sales Tax Recovery Resolution No. 96-R-177 will apply when deemed to be in the best interest to the County.

  • The Purchasing Code centralizes and standardizes the County’s purchasing function and authorizes the County’s Purchasing Department to establish policies and procedures to govern the procurement of construction, professional services, and goods and services.208 Section 2-54: Sales Tax Recovery Program Goods, materials and equipment listed in construction bids can be purchased directly by the County under the provisions of the Sales Tax Recovery Program.

  • When a constructionproject is proposed, it will be determined prior to the bid or proposal process, if Sales Tax Recovery Program will be utilized.

Related to Sales Tax Recovery

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

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

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

  • 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.

  • goods and services tax practitioner means any person who has been approved under section 48 to act as such practitioner;

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

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

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any bonuses, option exercises, payments to employee stock option holders or other compensatory payments made in connection with the transactions contemplated by this Agreement.

  • Input Tax Credit means the credit of input tax;

  • Medicare Levy Surcharge means an extra charge payable by high income earners beyond the standard Medicare Levy if they do not have qualifying private hospital insurance coverage. This charge is assessed as part of an individual or family’s annual tax return.

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • non-taxable territory means the territory which is outside the taxable territory;

  • REO Tax As defined in Section 3.17(a).

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

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

  • taxable territory means the territory to which the provisions of this Act apply;

  • 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.

  • 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.

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.