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 - Approximately $ will be reported to the IRS as being taxable in the year the distribution is processed (if nothing will be taxable, enter zero).

  • Will any online/electronic resources be utilized for recruitment, data collection or storage?NoYes.

  • Taxable Gain onRepossession of Real Propertytire adjusted basis when you resell the property.

  • Report the taxable gain or loss from your PA Schedules RK-1 or NRK-1.7. Taxable Gain from the Sale of Your Principal Residence.

  • How To Obtain Tax Forms.—To request tax forms by mail, you may call 808-587-4242 or toll- free at 1-800-222-3229.Tax forms are also available from the Department of Taxation’s website at tax.hawaii.govGain or (Loss), Exclusion, and Taxable Gain (Part II)Does Your Home Sale Qualify for Maximum ExclusionHow your sale qualifies.

  • Taxable Gain onRepossession of Real Propertyrather than real property.

  • Next, the “After-Tax Gain” will be determined using the following formula – After-Tax Gain = Taxable Gain less Tax Payable The “Tax Payable” will be calculated on the Taxable Gain based on the applicable income tax rate which applies to the Beneficiary as per the tax directive obtained.

  • Taxable Gain onRepossession of Real PropertyKeep for Your RecordsNote.

  • This is your taxable gain on the repossession Example— Taxable Gain onWorksheet D.

  • Exposure to overdue/excessive or deteriorated loans: These are the positions which at the reference date have been overdue or exceeding limits for a continuous period of more than 90 days.


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 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.

  • 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 means either:

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

  • Precontribution Gain has the meaning set forth in subparagraph 4(c) of Exhibit B.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

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

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

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Tax Asset means any net operating loss, net capital loss, investment tax credit, foreign tax credit, charitable deduction or any other credit or tax attribute that could be carried forward or back to reduce Taxes (including without limitation deductions and credits related to alternative minimum Taxes).

  • 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.

  • Taxable Event means any change in control or other event which triggers the imposition of any Excise Tax on any Payment.

  • 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.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Residual Gain or “Residual Loss” means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or Section 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Gain means a gain of any property, whether temporary or permanent, and includes the keeping by a person of any property that he or she already has;

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • 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.

  • taxable trading means carrying on a trade or business for the principal purpose of raising funds and not for the purpose of actually carrying out the Objects, the profits of which are subject to corporation tax;

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends after the Closing Date.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

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

  • Non-Income Tax means any Tax other than an Income Tax.