Tax environment definition

Tax environment means a set of legal regulations for determining the types, percentage and amounts of taxes specified in the applicable laws and their imposition and payment;
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Examples of Tax environment in a sentence

  • Not more than ten percent (10%) of NGL’s gross income for the taxable year of NGL during which the closing of the transactions contemplated by the Purchase Agreement occurs, and the following taxable year of NGL, shall fail to constitute “qualifying income” within the meaning of Code Section 7704(d), except in the case of a merger or acquisition of NGL or a material change in the regulatory or Tax environment.

Related to Tax environment

  • ICT Environment means the Authority System and the Contractor System. “Information” has the meaning given under section 84 of the FOIA.

  • Operating Environment means, collectively, the platform, environment and conditions on, in or under which the Software is intended to be installed and operate, as set forth in the Statement of Work, including such structural, functional and other features, conditions and components as hardware, operating software and system architecture and configuration.

  • Customer Environment means Customer’s data network/equipment and premises environment.

  • Natural environment means the air, land and water, or any combination or part thereof, of the Province of Ontario; (“environnement naturel”)

  • Production Environment means a logical group of virtual or physical computers comprised within the Cloud Environment to which the Customer will be provided with access and use the purchased Cloud Application(s) in production and for its generally marketed purpose.