Tax Threshold definition

Tax Threshold means an amount, value or level above, from, up to or below which —

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Tax Threshold shall be defined as provided in Section B below.

Tax Threshold shall have the meaning given to that term in Section 10.6.

Examples of Tax Threshold in a sentence

• Tax and National Insurance is payable only when a worker exceeds the Tax Threshold limit governed by HM Revenue and Customs (▇▇▇.▇▇▇▇.▇▇▇.▇▇).

• On a quarterly basis or as otherwise agreed by the Parties, (i) Tyco shall prepare and deliver to ADT NA a schedule documenting the sum of all payments, Refunds or other amounts included in the most current determination of the Non-Income Tax Threshold Base Amount, and (ii) ADT NA shall prepare and deliver to Tyco a schedule documenting the sum of all payments, Refunds or other amounts included in the most current determination of the ADT Canada Non-Income Tax Threshold Base Amount.

• Liability for the audit payment in excess of the Non-Income Tax Threshold Base Amount shall be determined by applying these percentages to such excess amount.

• To the extent that a Sales or Use Tax Audit Final Determination results in Tyco for the first time exceeding its Non-Income Tax Threshold Base Amount, the amount that exceeds the Non-Income Tax Threshold Base Amount shall be prorated among the Parties based on a percentage of the Sales or Use Tax errors related to a particular billing system over the total errors identified in the Audit as if the entire Audit had exceeded the Non-Income Tax Threshold Base Amount.

• No Gross-Up Payments shall be payable hereunder if the Accounting Firm determines that (i) the Payments are not subject to an Excise Tax or (ii) the aggregate value of the payments is less than 110% of the Excise Tax Threshold.

• The date that “Local Property Tax Threshold Level 1” is satisfied.

• If the City requests that the County hold sufficient additional reserve Regional TDR Credits to ensure that Local Property Tax Threshold Level 4 is satisfied, the City shall maintain its regional TDR density incentive zoning provisions in the LIPA until the City has permitted development that uses 800 Regional TDR Credits, even if it is necessary to continue the regional TDR density incentive zoning provisions in the LIPA beyond the 25- year threshold defined in RCW 39.108.

• Ten (10) years after the first transfer of Local Property Tax Allocation Revenue from the County to the City if only Local Property Tax Threshold Level 1 is satisfied, as described in Section IV.A.1.b above.

• The County’s TDR bank shall hold 200 Regional TDR Credits that meet the requirements of Section II.C.4.b in reserve (“Reserve Credits”) for potential sale into the LIPA to ensure that Local Property Tax Threshold Level 1, as defined in Section IV.C, is satisfied.

• Fifteen (15) years after the first transfer of Local Property Tax Allocation Revenue from the County to the City if only Local Property Tax Threshold Levels 1 and 2 are satisfied.

More Definitions of Tax Threshold

Tax Threshold means the change expressed as a percentage between (1) the present value of the Portfolio (including, without limitation the Private Equity Portfolio) at the Issuer level under the tax regime in force following the Change in Tax Law based on the effective tax rate(s) applicable after the Change in Tax Law (the "New Tax Regime Present Value") and (2) the present value of the Portfolio (including, without limitation the Private Equity Portfolio) at the Issuer level under the tax regime in force prior to the occurrence of the Change in Tax Law (the "Old Tax Regime Present Value").

Tax Threshold has the meaning set forth in Section 10.01(b) below.

Tax Threshold means $25,000.

Tax Threshold has the meaning given to that term in Clause 5.2.3;

Tax Threshold means the amount specified as the Tax Threshold on Schedule 2.3(c).

Tax Threshold means the value determined by matching the activity listed in the column ‘Activity/Sector’ with the corresponding entry in the column ‘Threshold’ in Schedule 2 of the Carbon Tax Act.