Definition of Taxation Year

1. Taxation Year means each taxation year of Rental ULC the first of which shall end on August 31, 2010 and thereafter each taxation year shall commence on September 1 and end on August 31 of the following calendar year, subject to the provisions of the Income Tax Act.

Examples of Taxation Year in a sentence

1. Until changed, the fiscal year and Taxation Year of the Trust will end at midnight on December 31 in each year.

Definition of Taxation Year in Administration Agreement

Taxation Year means each taxation year of Rental ULC the first of which shall end on August 31, 2010 and thereafter each taxation year shall commence on September 1 and end on August 31 of the following calendar year, subject to the provisions of the Income Tax Act.