Examples of Tax Period in a sentence
Specifically, the City has asserted the authority to require Wayfair to collect and remit Lakewood sales tax during a Tax Period during which neither the City nor the Director provided, for example, a single, state-wide system of tax administration for all state and local taxes; nor did the City or Director provide access to tax administration software paid for by the City and/or State that, if used, would immunize Wayfair from audit liability.
Except for amended Tax Returns or Actions for Tax refunds attributable solely to losses or expenditures incurred by Buyer after the Closing Date, no amended Tax Return or Action for Tax refund may be filed for any Tax Returns of each Project Company for a Tax period ending on or before the Closing Date or for a Tax period including a Pre-Closing Tax Period without the advance written consent of Seller, which shall not be unreasonably withheld.
Further, during the Tax Period, neither the City nor the Director provided a database or software that a retailer could use secure in the knowledge that, if it did, it would be immunized from audit liability for any errors.
During the Tax Period, Lakewood imposed a 3% sales tax on the retail sale of tangible personal property to persons located within its borders (subject to the exception discussed below).
Because the City’s sales tax ordinance in effect during the Tax Period did impose an undue burden and discriminated against interstate commerce during the Tax Period, among other reasons, Wayfair asks this Court to cancel the Notice and abate the assessment of tax, interest, or penalties against Wayfair.