Taxable Gain definition

Taxable Gain means any "taxable capital gain" as defined in paragraph 1 of Schedule 8 to the Income Tax Act; and
Taxable Gain means that amount of the consideration from sale of shares received or receivable in accordance with the provisions of Division 14B;
Taxable Gain means any "taxable capital gain" as defined in paragraph 1 of the Eighth Schedule to the Income Tax Act.

Examples of Taxable Gain in a sentence

  • Taxable Gain Or Loss" shall mean profit or loss recognized by Palace on the sale, exchange or other disposition of any LLC property, as computed for federal income tax purposes.

  • The amount that the Spin Out Taxable Gain exceeds ten million dollars ($10,000,000), if any, is as set forth on Section 4.16(m) of the Company Disclosure Schedule.

  • Taxable Gain WarrantyPursuant to the Arrangement Agreement, New Correvio has provided a warranty to Cipher that the aggregate amount of (i) income in excess of losses, and (ii) taxable capital gains in excess of allowable capital losses, in all cases realized by Cardiome as a result of the transactions contemplated in the Arrangement Agreement, including the Arrangement, will not exceed $1,000,000.


More Definitions of Taxable Gain

Taxable Gain means any “taxable gain“ as defined in paragraph 1 of Schedule 8 to the Income Tax Act; and “Taxable Income“ means any “taxable income“ as defined in section 1 of the Income Tax Act.

Related to Taxable Gain

  • 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.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.