Taxable definition

Taxable means either:
Taxable shall have a correlative meaning.
Taxable shall have the meaning given to that term in Clause 6.1(n)(ii);

Examples of Taxable in a sentence

  • Taxable profit differs from profit recognised in profit or loss because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible.

  • A premium subsidy and taxable reimbursements for COBRA continuation coverage, under the same terms and conditions described in Section 2.6 of this document titled “COBRA Subsidy and Taxable Reimbursements for COBRA”.

  • Three Series of NCDs were issued in September and Oct 2019 which are Unsecured, Redeemable, Taxable, Non- Convertible Debentures listed on BSE, assured for servicing and repayment by GOI.

  • Department of Administration – Initial Resolution regarding: Authorizing the Issuance and Providing for the Sale of Taxable General Obligation Refunding Bonds in an Amount Not to Exceed $11,815,000.

  • Initial Resolution regarding: Authorizing the Issuance and Providing for the Sale of Taxable General Obligation Refunding Bonds in an Amount Not to Exceed $11,815,000.


More Definitions of Taxable

Taxable means that interest on the Bonds (including for this purpose the Refunding Obligations) is includable in the gross income of any Holder thereof for any reason other than the fact that such Holder is a "substantial user" of the Project or a "related person" as those terms are used in Section 147(a) of the Code. Interest on the Bonds shall not be deemed "Taxable" because interest is includable in any calculation of income for purposes of any alternative minimum tax, any foreign branch profits tax or any other type of taxation other than the regular federal tax imposed on gross income.
Taxable shall have the correlative meanings.
Taxable means, with respect to any bonds, that the bonds are not tax-exempt.
Taxable means (x) any net income, alternative or add-on minimum tax, gross income, gross receipts, sales, use, ad valorem, value added, capital, transfer, franchise, profits, license, withholding, payroll, employment, social security, social charges, registration, excise, severance, stamp, occupation, Pension Benefit Guaranty Corporation, premiums, property, environmental or windfall profit tax, custom, duty or other tax, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or any penalty, addition to tax or additional amount imposed by any Governmental Body responsible for the imposition of any such tax either in the United States or in any non-United States jurisdiction, including Italy and The Netherlands, and shall include any transferee liability in respect of Taxes, (y) any liability for the payment of any amounts of the type described in (x) as a result of being a member of an affiliated, consolidated, combined or unitary group for any Taxable period, and (z) any liability for the payment of any amounts of the type described in (x) or (y) as a result of being a transferee of or successor to any person or as a result of any express or implied obligation to indemnify any other person.
Taxable shall have the meaning as set forth in Section 4.13(e) hereto.
Taxable means that, for purposes of federal income taxation, interest on the Series 2012-C Warrants is includible in the gross income of any Holder thereof for any reason. Interest on the Series2012-C Warrants shall not be deemed “Taxable” because interest is includible in any calculation of income for purposes of an alternative minimum tax, a foreign branch profits tax or any other type of taxation other than the regular tax imposed on gross income.