Tax Threshold definition

Tax Threshold means an amount, value or level above, from, up to or below which —
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Tax Threshold shall be defined as provided in Section B below.
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Tax Threshold has the meaning set forth in Section 10.01(b) below.
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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 (xxx.xxxx.xxx.xx).

  • Consequent to the current macroeconomic environment, the active number of registered operators has reduced since they now trade below the Value Added Tax Threshold.

  • A.” 25 Whether Serviceable Turnover has crossed the Service Tax Threshold Limit as per Service Tax Rules for the tenderer.

  • Securities, fund units and other investments that are not listed on a stock exchange, but which are traded on another regulated market which is recognised, open to the pub- lic and operates regularly, are valued at the last available price on this market.

  • A.” 25Whether Serviceable Turnover has crossed theService Tax Threshold Limit as per Service Tax Rules for the tenderer.YESNORem arks26Registered with Service Tax authoritiesYESNO 27 If yes copy of Service Tax Regn.

  • Adjusted Gross Income from IRS 1040 $ Tax exempt income earned for the year + Gain on sale of the home - Modified Adjusted Gross Income=$ Then determine if this income exceeds the “Recapture Tax Threshold Income Limits” (CHFA Form #048-0405) for your family size and home location, based on the year you are selling your home.

  • Mr. Speaker, this Increase in the Income Tax Threshold has increased disposable incomes for approximately 200,000 taxpayers out of a tax population of a 469,000.

  • 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.

  • Percentage of Employer-Sponsored, Single Premiums Estimated to Exceed the Cadillac Tax Threshold in 2018, by State 11Figure 2.

  • The measures and programmes are as follows: Increase in the Personal Income Tax Threshold Madame Speaker, I propose to increase the personal income tax allowance from its present level of $16,000 to $17,000 effective 1st January 2009.


More Definitions of Tax Threshold

Tax Threshold has the meaning given to that term in Clause 5.2.3;
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Tax Threshold means $25,000.
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Tax Threshold means the amount specified as the Tax Threshold on Schedule 2.3(c).
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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.(c) Except as otherwise provided in Chapter VA and these rules –
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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").
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Related to Tax Threshold

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $110,000,000.00.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Tax Limitation Amount means the maximum amount which may be placed as the Appraised Value on the Applicant’s Qualified Property for maintenance and operations tax assessment in each Tax Year of the Tax Limitation Period of this Agreement pursuant to Section 313.054 of the TEXAS TAX CODE.

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small purchase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisition threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsible for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its documented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR (48 C.F.R. Part 2, Subpart 2.1) for the simplified acquisition threshold. Recipients should determine if local government laws on purchasing apply. 2 C.F.R. 200.1, .320(a)(2)(ii)

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Threshold means with respect to Party B: infinity.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Tax Distribution Amount means, with respect to a Member’s Units, whichever of the following applies with respect to the applicable Tax Distribution, in each case in amount not less than zero:

  • Cap Amount shall have the meaning set forth in Section 2.3.10.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Qualifying Income Gross income that is described in Section 856(c)(2) or 856(c)(3) of the Code.

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Net After Tax Amount means the amount of any Parachute Payments or Capped Payments, as applicable, net of taxes imposed under Code Sections 1, 3101 (b) and 4999 and any State or local income taxes applicable to the Executive on the date of payment. The determination of the Net After Tax Amount shall be made using the highest combined effective rate imposed by the foregoing taxes on income of the same character as the Parachute Payments or Capped Payments, as applicable, in effect on the date of payment.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Fair Share Contribution Amount means, with respect to a Contributing Guarantor as of any date of determination, the maximum aggregate amount of the obligations of such Contributing Guarantor under this Guaranty that would not render its obligations hereunder or thereunder subject to avoidance as a fraudulent transfer or conveyance under Section 548 of Title 11 of the United States Code or any comparable applicable provisions of state law; provided, solely for purposes of calculating the “Fair Share Contribution Amount” with respect to any Contributing Guarantor for purposes of this Section 7.2, any assets or liabilities of such Contributing Guarantor arising by virtue of any rights to subrogation, reimbursement or indemnification or any rights to or obligations of contribution hereunder shall not be considered as assets or liabilities of such Contributing Guarantor. “Aggregate Payments” means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Indemnity Cap has the meaning set forth in Section 9.2(b).

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • 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).

  • Valuation Cap means a pre-money valuation of US $27,500,000.