Tax Impact definition

Tax Impact has the meaning set forth in Section 6.14(a)(vi).
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Tax Impact means an amount equal to the excess of (i) the sum of the federal, state and local income taxes incurred by XXXX Com Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.
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Tax Impact means federal, state and local income taxes incurred on reimbursement of federal, state and local income taxes. This amount shall be reduced by the net present value of tax benefits receivable on future tax depreciation deductions for the replacement fibers. In addition, this amount shall be reduced by the tax benefit due to any acceleration of tax depreciation deductions for FiveCom Fibers replaced. FiveCom shall have the option of not replacing the failed fibers, or of terminating the Agreement prior to the end of the Initial Term of this Agreement in lieu of sharing in the cost of replacing the FiveCom Fibers; provided that FiveCom may exercise this right to terminate only if, prior to any replacement, less than the Minimum Number of Fibers meet the Specifications.
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Examples of Tax Impact in a sentence

  • The board shall provide a signed original of the certification required under this rule section to the department before publication of the notice of the findings and results of the board required by Section 194.037, F.S. See Form DR-529, Notice Tax Impact of Value Adjustment Board.

  • Tax Impact of TDY Travel on a Civilian EmployeeLong-term TDY may impact a civilian employee’s taxes when the duration of TDY travel at one location is more than 365 consecutive days.

  • The format of the tax impact notice shall be substantially as prescribed in Form DR-529, Notice Tax Impact of Value Adjustment Board, incorporated by reference in Rule 12D-16.002, F.A.C.(2) The size of the notice shall be at least a quarter page size advertisement of a standard or tabloid size newspaper.

  • PROCEDURES FOR APPROVING TAX ABATEMENT The following is a summary of the basic steps for the approval of a development plan: Preparation of Tax Impact Statement The statute requires the governing body to hold a public hearing regarding any proposed development plan.

  • In addition, the Urban Redevelopment Corporation must prepare a Blight Report, Tax Impact Statement and a Development Plan.

  • The District has assumed the bonds will bear interest at an estimated rate of 3.375% based on current market conditions and the amortization schedule described in the Assumptions Utilized in Calculating the Estimated Tax Impact.

  • The public notice shall be in the form of a newspaper advertisement and shall be referred to as the “tax impact notice.” The format of the tax impact notice shall be substantially as prescribed in Form DR-529, Notice Tax Impact of Value Adjustment Board, incorporated by reference in Rule 12D-16.002, F.A.C.(2) The size of the notice shall be at least a quarter page size advertisement of a standard or tabloid size newspaper.

  • The District has assumed the bonds will bear interest at an estimated rate of 3.00% for bonds issued in 2021 and 3.75% for bonds issued in 2022 and 2023 based on current market conditions and the amortization schedule described in the Assumptions Utilized in Calculating the Estimated Tax Impact.

  • In case of a redemption on the grounds of a Tax Status Breach, the Manager is allowed to subtract the Negative Tax Impact Amount that is caused by the Tax Status Breach from the redemption payment to the Participant.

  • Tax Impact of TDY Travel on a Civilian Employee Long-term TDY may impact a civilian employee’s taxes when the duration of TDY travel at one location is more than 365 consecutive days.


More Definitions of Tax Impact

Tax Impact means a material adverse income tax liability to Borrower taking into account actual or anticipated repatriation of funds, foreign tax credits, and other relevant factors.
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Tax Impact. Upon repayment of the cumulative accrued interest, the employee will receive notification of the amount paid to be used for possible tax purposes. If all or a portion of the loan is considered to be forgiven, then that portion which is forgiven will be considered compensation to the employee and the related employment taxes may be due from the employee. Eligibility: Loan eligibility is determined based on salary level, employment length, employee reviews (need satisfactory review on latest review), employee's number of vested unexercised options, the expiration date of the employee's option and the employee's unexercised vested option value. Additionally, the employee will not have exercised any of their options since the commencement of the loan program. Notwithstanding the above, any loan made under the Loan Program will be at the Company's discretion.
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Tax Impact means the amount determined in good faith by the Indemnified Party and the Indemnifying Party to reasonably estimate, on a marginal basis, the actual aggregate net Tax benefit with respect to the Indemnified Party's current and future Tax liabilities (assuming an income Tax rate equal to the highest combined marginal federal, state and local income Tax rate imposed on corporations at the time such determination is made, taking into account the deductibility of state and local Taxes for determining federal taxable income, and discounting future Tax Liabilities at a rate equal to the prime lending rate published in the Wall Street Journal in effect at the time such determination is made) attributable to (i) the item or adjustment resulting in a Tax or (ii) that portion of an Adverse Consequence for which, with respect to both (i) and (ii), the Indemnified Party has a right to indemnification under Section 9 of this Agreement.
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Tax Impact means direct net tax impact for the Gouvernement du Québec during the first 5 years fol- lowing the launching of the implementation of the project, as calculated by means of an econometric model;”.
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Related to Tax Impact

  • Tax Item means any item of income, gain, loss, deduction, credit, recapture of credit or any other item which increases or decreases Taxes paid or payable.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Tax Incentive has the meaning set forth in Section 3.13(g).

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Anticipated county property tax revenue availability means the

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Base Tax Year means the property tax levy year used

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).

  • Tax Items shall have the meaning set forth in Section 6.4.A.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Tax Increase means that portion of the annual real estate taxes assessed against the Premises (or the Entire Premise, if applicable), as calculated immediately following the Reassessment, that is attributable solely to the Reassessment. Accordingly, a Tax Increase shall not include any portion of the real estate taxes, as calculated immediately following the Reassessment, that is:

  • Annual Special Tax means the Special Tax actually levied in any Fiscal Year on any Assessor’s Parcel.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Taxable means either:

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Tax Information means information and/or properly completed and signed tax certifications sufficient to eliminate the imposition of or to determine the amount of any withholding of tax, including FATCA Withholding Tax.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Property tax increment means the amount obtained by:

  • Tax Date means the date any withholding tax obligation arises under the Code for a Participant with respect to an Incentive Award.

  • Property Tax means the general property tax due and paid as set

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.