State Income Taxes definition

State Income Taxes means any income or franchise tax imposed under the tax law of any state (or political subdivision thereof) including, without limitation, corporate income taxes and minimum taxes.
State Income Taxes means any United States state or local Taxes determined by reference to income, net worth, gross receipts or capital, or any such Taxes imposed (including franchise or similar Taxes) in lieu of income Taxes.
State Income Taxes has the meaning set forth in Section 10.2(e).

Examples of State 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.

  • Current Liabilities 26Accounts Payable$$2627Officer's Accounts Payable 2728Accounts Payable-Patient Deposits 2829Short-Term Notes Payable 2930Accrued Salaries Payable 30 31Accrued Taxes Payable(excluding real estate taxes) 3132Accrued Real Estate Taxes(Sch.IX-B) 3233Accrued Interest Payable 3334Deferred Compensation 3435Federal and State Income Taxes 35 Other Current Liabilities(specify): 36 3637 37 38TOTAL Current Liabilities(sum of lines 26 thru 37) $ $ 38 D.

  • The Company shall submit to the Illinois Department of Revenue a copy of the Director’s Certificate of Verification for each Taxable Year that the Company claims the Credit, provided that the failure to submit a copy of the Certificate with the Company’s annual return filed for Illinois State Income Taxes shall not invalidate a claim for a Credit.

  • Pursuant to Section 211(4) of the Illinois Income Tax Act, the Company may carryforward any Unused Credit and apply it to its Illinois State Income Taxes imposed in the five (5) Taxable Years following the Taxable Year in which there is Unused Credit so long as the Company is in compliance with the terms and conditions of this Agreement, and subject to the limitations on the total amount of Credits for all Taxable Years, as set forth in Sections IV.B through IV.D.

  • Gross Sales Less Sales Returns and Discounts Net Sales Less: Cost of Goods Sold Beginning Inventory at Cost Add: Purchases Less: Ending Inventory at Cost Cost of Goods Sold Gross Profit Other Operating Revenue (Specify) Less: Operating Expenses Officer Compensation Salaries & Wages—Other Employees Total Salaries & Wages Employee Benefits Payroll Taxes Real Estate Taxes Federal and State Income Taxes Total Taxes Rent and Lease Exp.


More Definitions of State Income Taxes

State Income Taxes means any and all Taxes, imposed by any state in the United States or by the District of Columbia, that is based on or measured by net income, and any interest, penalties, fines, assessments or additions imposed with respect thereto.
State Income Taxes means all Taxes measured on or by income imposed by any State of the United States of America or political subdivision thereof and shall include State Taxes denominated or in the nature of franchise Taxes.
State Income Taxes shall have the meaning set forth in Section 6.9(g).
State Income Taxes means all state or local income Taxes or other state or local Taxes based on income including, without limitation, any franchise Taxes. "Stock Plan Transaction" means any transaction under the A-BC Stock Plan including, without limitation, the exercise of any Beracha TEC Deductible Option or the sale of any stock of A-BC that was acquired pursuant to the exercise of an incentive stock option (as defined in Section 422 of the Code), but excluding an transaction related to stock options held or exercised by Jaxxx Xxxxxxxx. "Tax" and "Taxes" mean any form of taxation, whenever created or imposed, and whenever imposed by a national, municipal, governmental, state, federal, for-
State Income Taxes all income taxes (and other taxes measured by net income or net gain) imposed by any State of the United States (including any political subdivision thereof) or the District of Columbia, and any interest, penalties and additions imposed with respect to such taxes. Tax Benefit: the Tax effect of any loss, deduction, credit or other item that decreases Taxes paid or payable. Tax Detriment: the Tax effect of any income, gain, recapture of credit or other item that increases Taxes paid or payable. Tax Returns: all returns, declarations, reports, claims for refund, information returns, statements and other forms required to be filed with respect to any Taxes, including any schedule or attachment thereto and any amendments thereof. Taxes: all taxes, however denominated, imposed by any government or governmental entity, and any interest, penalties and additions imposed with respect thereto.
State Income Taxes means all Income Taxes imposed by any state or political subdivision thereof. "Subsidiary" of any party means (i) a corporation of which more than 50% of the voting or capital stock is owned, directly or indirectly, by such party and (ii) any partnership, limited liability company, association or other entity in which such party owns, directly or indirectly, more than 50% of the equity interests or has the power to elect a majority of the members of the governing body of such entity, but only with respect to entity-level Taxes, if any, imposed on such partnership, limited liability company, association or other entity.
State Income Taxes means any income or franchise Tax imposed under the Tax Law of any state (or political subdivision thereof)