Taxable Area definition

Taxable Area means the following:
Taxable Area means the total area rounded to the nearest acre;
Taxable Area means the taxable area determined under the Assessment Law;

Examples of Taxable Area in a sentence

  • If individual Assessor’s Parcel have not been created or individual Assessor’s Parcel numbers have not been assigned for individual lots expected within a building, the Administrator shall reference the site permit or building plan to identify the total combined Taxable Area expected within the building, and this total square footage shall be used to calculate the Maximum Special Tax that will be assigned to the underlying land Parcel(s) pursuant to Section C below.

  • Divide the amount calculated in Step 1 by the square footage in Step 2 to determine the new Maximum Special Tax per square foot of Taxable Area for the building, which amount shall apply in all future Fiscal Years and shall escalate each Fiscal Year after such calculation by two percent (2%) of the amount in effect in the prior Fiscal Year.

  • Prior to the close of escrow for the first Residential Unit sold within the building, the Maximum Special Tax per square foot of Taxable Area within the building can be adjusted to account for the Square Footage Deficit by application of the following steps.

  • Calculate the Maximum Special Tax revenue that was expected to be available from the building at CFD Formation by multiplying theMaximum Special Tax per square foot of Taxable Area by the Assigned Minimum Taxable Area for the building.

  • The Administrator shall also determine the square footage of Taxable Area for each building by reference to the site plan, condominium plan, building plan, building permit(s), or other documents that indicate the current floor area within the building, (ii) compare the Taxable Area to the Assigned Minimum Taxable Area, and (iii) determine whether there is a Square Footage Deficit within any building.

  • Determine the actual square footage of Taxable Area within the building.

  • Triangulation of research information has also been advocated as a useful method for ensuring the rigour of analysis.

Related to Taxable Area

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Taxable means either:

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

  • Allocation Area means that part of a military base development area to which an allocation provision of a declaratory resolution adopted under section 16 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Base Tax Year means the property tax levy year used

  • taxable service means any service provided or to be provided –

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Tax Items shall have the meaning set forth in Section 6.4.A.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • Taxable Period means any taxable year or any other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Recapture Income means any gain recognized by the Partnership (computed without regard to any adjustment required by Section 734 or Section 743 of the Code) upon the disposition of any property or asset of the Partnership, which gain is characterized as ordinary income because it represents the recapture of deductions previously taken with respect to such property or asset.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Building Operating Expenses means the portion of “Operating Expenses,” as that term is defined in Section 4.2.7 below, allocated to the tenants of the Building pursuant to the terms of Section 4.3.1 below.

  • Deconsolidation shall have the meaning provided in the Recitals.