Tax Year definition

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

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Tax Year shall have the meaning assigned to such term in Section 1.04(13) of the TEXAS TAX CODE (i.e., the calendar year).

Tax Year means each period of 12 months, commencing on the first day of July of each such period, in which occurs any part of the Term, or such other period of 12 months occurring during the Term as hereafter may be adopted as the fiscal year for real estate tax purposes of the City of New York.

Examples of Tax Year in a sentence

Nonrecourse deductions (as determined according to Treasury Regulation Section 1.704-2(b)(1)) for any Tax Year shall be allocated to each Member ratably among such Members based upon the manner in which Net Profit (determined without regard to such non-recourse deductions) are allocated among the Members for such Tax Year.
If there is a net decrease during a Tax Year in Member Nonrecourse Debt Minimum Gain, Net Profit for such Tax Year (and, if necessary, for subsequent Tax Years) shall be allocated to the Members in the amounts and of such character as determined according to Treasury Regulation Section 1.704-2(i)(4).
Except as otherwise provided in Section 8.01(c)(i), if there is a net decrease in the Minimum Gain during any Tax Year, each Member shall be allocated Net Profit for such Tax Year (and, if necessary, for subsequent Tax Years) in the amounts and of such character as determined according to Treasury Regulation Section 1.704-2(f).
Notwithstanding anything to the contrary in this Section, Net Loss (or items thereof) shall not be allocated to any Member to the extent such allocation would cause or increase an Adjusted Capital Account Deficit of such Member as of the end of the applicable Tax Year.

More Definitions of Tax Year

Tax Year means the twelve-month period beginning July 1 each year during the Term or if the appropriate governmental tax fiscal period shall begin on any date other than July 1, such other date.

Tax Year means, with respect to any Tax, the year, or shorter period, if applicable, for which the Tax is reported as provided under applicable Tax Law.

Tax Year means the taxpayer's taxable year for federal income tax purposes.

Tax Year means the calendar year in which a homestead is

Tax Year means the period July 1 through June 30 (or such other period as hereinafter may be duly adopted by the City of New York as its fiscal year for real estate tax purposes).

Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next; “training allowance” means an allowance (whether by way of periodical grants or otherwise) payable—

Tax Year means the fiscal year for which Taxes are levied by the governmental authority.