Tax Effective Date definition
Examples of Tax Effective Date in a sentence
For a period of five years beginning on the Sales Tax Effective Date, City shall pay Owner a Chapter 380 payment equal to 80% of the One Cent Sales Tax Revenues.
The amount of any refunds of Taxes of the Companies for any Tax period beginning after the Tax Effective Date shall be for the account of Purchaser.
The City shall make Hotel Occupancy Tax Payments as follows: • Commencing on the Sales Tax Effective Date for the Project and continuing on each anniversary thereof during the Term, City shall pay to Village Center Local Government Corporation 50% of all Hotel Occupancy Tax Revenues.
The amount of any refunds of Taxes of the Company for any Tax period beginning after the Tax Effective Date shall be for the account of Purchaser.
The Initial Capital Accounts shall also include any other adjustments required under Section 3.3 of the Existing LLC Agreement prior to the Tax Effective Date.
Commencing on the Sales Tax Effective Date and continuing on the 60th day after receipt by City from the Comptroller of the Sales Tax Revenue for each calendar quarter thereafter, City shall pay Owner an amount equal to the percentage for the applicable year of the Term described below of the Sales Tax Revenue received by City from sales generated on the Project, subject to the limitations set forth in Section 5.1.2 hereof.
The portions of the Straddle Period Returns relating to taxable periods ending on or before the Tax Effective Date shall reflect the practices of the Acquired Entity in respect of the Tax Returns for prior periods.
Buyer shall prepare and timely file all Tax Returns in respect of an Acquired Entity with respect to taxable periods that begin before and end after the Tax Effective Date (“Straddle Period Returns”).
The tax effective date is midnight on 31 December 2020 (the "Tax Effective Date").