Tax Cost definition

Tax Cost means any increase in Tax payments otherwise required to be made to a Taxing Authority (or any reduction in any refund otherwise receivable from any Taxing Authority).
Tax Cost means any increase in Tax payments actually required to be made to a Taxing Authority (or any reduction in any Refund otherwise receivable from any Taxing Authority), including any increase in Tax payments (or reduction in any Refund) that actually results from a reduction in Tax Attributes (computed on a “with or without” basis).
Tax Cost means, with respect to any indemnity payment for any person, the positive excess, if any, of the Tax liability of such person taking such indemnity payment into account over the Tax liability of such person without regard to such payment, with all other circumstances remaining unchanged.

Examples of Tax Cost in a sentence

Summary of Real Estate Tax Cost Enter the tax index number and real estate tax assessed for 2019 on the lines provided below.

Summary of Real Estate Tax Cost Enter the tax index number and real estate tax assessed for 2016 on the lines provided below.

Summary of Real Estate Tax Cost Enter the tax index number and real estate tax assessed for 2017 on the lines provided below.

Allocated from Management Company: $ 73,329.07 $ 12,853.00 $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ TOTALS $ 457,164.08 $ 396,688.01 Real Estate Tax Cost Allocations 2.

Summary of Real Estate Tax Cost Enter the tax index number and real estate tax assessed for 2000 on the lines provided below.


More Definitions of Tax Cost

Tax Cost with respect to any event or adjustment for any Person means the positive excess, if any, of the Tax liability of such Person taking such event or adjustment into account over the Tax liability of such Person without regard to such event or adjustment, with all other circumstances remaining unchanged.
Tax Cost means the quotient obtained by dividing (A) the product of (x) sixty percent (60%) of the excess of (I) the highest marginal effective rate of federal, state and local income tax applicable to ordinary income of an individual resident in New York City, New York for the taxable year in which the conversion occurs over (II) the highest marginal effective rate of federal, state and local income tax applicable to long-term capital gain of an individual resident in New York City, New York for the taxable year in which the conversion occurs and (y) any corrective allocation (within the meaning of Treasury Regulation Section 1.704-1(b)(4)(x)) made to a Unitholder (or any other taxable capital shift to a Unitholder) as a result of a conversion of such Unitholder’s Series A Preferred Units pursuant to Section 5.14(b)(viii)(D), by (B) one (1.00) minus the highest marginal effective rate of federal, state and local income tax applicable to ordinary income of an individual resident in New York City, New York for the taxable year in which the conversion occurs.
Tax Cost means the cost of Real Property Taxes.
Tax Cost for any calendar year means an amount equal to the aggregate, without duplication, of all Taxes for such calendar year;
Tax Cost means an increase in the tax liability of a taxpayer for any taxable period. A Tax Cost shall be deemed to arise in a taxable period only if and to the extent that the tax liability of the taxpayer for such period, after taking into account the effect of the relevant item on the tax liability of such taxpayer in all prior periods, is greater than it would have been if such tax liability were determined without regard to such item.
Tax Cost means, with respect to any Taxable Period, the amount of the actual increase in an indemnified party's liability for Taxes payable for the Taxable Period (including as a result of any decrease in a Tax refund or credit) as a result of the accrual or receipt of payment for any Loss for which the indemnified party is entitled to indemnification under this Agreement.