Tax Exemption definition

Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.

Tax Exemption means a revitalization tax exemption pursuant to this bylaw;

Tax Exemption means a revitalization tax exemption for which a Tax Exemption Certificate has been issued;

Examples of Tax Exemption in a sentence

• The State is exempt from federal excise taxes under I.R.C. Chapter 32 (26 U.S.C., Subtitle D, Ch. 32) (Federal Excise Tax Exemption Certificate of Registry No. 84-730123K) and from State and local government sales and use taxes under §§39-26-704(1), et seq., C.R.S. (Colorado Sales Tax Exemption Identification Number 98-02565).

• Notwithstanding the foregoing, the Agency makes no representation to the Company, any Agent or any third party that any Sales Tax Exemption is available under this Project Agreement.

• Please note, the Company is to report only the Sales Tax Exemption derived as a result of the Agency's participation in the Project and not those received as a result of other available State exemptions.

• Table 8 Summary of Costs to County Sales Tax Exemption Source: Applicant, Camoin Associates $ 619,327 The additional incentive offered by the Agency will benefit the Applicant but will not negatively affect the county because, without the Project, the County by definition would not be receiving any associated sales tax or mortgage tax revenue.

• The Company acknowledges that the executed Form ST-60 designating the Company or any Subagent as an agent of the Agency shall not serve as a Sales Tax Exemption certificate or document.

More Definitions of Tax Exemption

Tax Exemption means a revitalization tax exemption pursuant to a Tax Exemption Certificate;

Tax Exemption means a revitalization tax exemption provided under this bylaw.

Tax Exemption means any financial assistance granted to a Project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a Project but for the involvement of the Agency, including but not limited to sales and use exemption, mortgage recording tax exemption and exemption from real property taxes.

Tax Exemption means a redevelopment tax incentive provided under this policy.

Tax Exemption means any financial assistance granted to a Project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a Project but for the involvement of the Agency, including but not limited to sales tax, mortgage recording tax and real property tax exemptions.

Tax Exemption means the exclusion from gross income of interest on the Bonds for federal income tax purposes and the exemption of interest on the Bonds from all Ohio state and local taxation, except the estate tax, the domestic insurance company tax, the dealers in intangibles tax, the tax levied on the basis of the total equity capital of financial institutions, and the net worth base of the corporate franchise tax.

Tax Exemption means a revitalization tax exemption determined in accordance with the Bylaw;