Total Deductions definition

Total Deductions. This is a calculated sum of LDB Exempt Deductions, CRA Claimed Deductions, and Other Breakage, Adjustments & Write-offs. Closing Inventory
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Total Deductions. This is a calculated sum of ‘Breakage Defective Allowed by CRA and/or LDB’ and ‘Other Breakage, Adjustments & Write-offs’. Closing Inventory INFORMATION ONLY
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Total Deductions. This is a calculated sum of LDB Exempt Deduction, CRA Claim Deductions and Other Breakage, Adjustments & Write-offs.
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Examples of Total Deductions in a sentence

  • If more than five deduction are involved, use the first four columns and show the balance deductions under "Other" column; show actual total under "Total Deductions" column; and in the attachment to the payroll describe the deduction(s) contained in the "Other" column.

  • Line 19 – Total Deductions Enter the total deductions from line 7 of Deductions Schedule, page 2.

  • Total Deductions and Losses AllowedWorksheet 2, columns (d) and (e), show whether an activity had an overall gain or loss.Overall gain.

  • Non-Captive REIT’s shall check the box for 1120F and use Schedule RI-1120F to calculate the tax.Line 2 - Total DeductionsEnter Total Deductions from page 3, Schedule B, line 1g.

  • Characterization and interpretation 5 Audience rapport 5 Persuasiveness/impact/message delivery 5 Proper documentation submitted 5 *Total Deductions TOTAL POINTS 100 Time Limit 4-6 min.

  • Include an additional schedule if more space is needed.Add Lines 2A, 2B, 2C and 2D and enter the result on Line 2, Total Deductions.

  • Total Deductions - Add lines 12 through 26.........................................................................................27.

  • Total Deductions (Lines 4.1 thru 9) .....................................................................................................................................

  • The blanks against Total Deductions, Signature and Designation of Drawing Officer, Station and Date, etc., should invariably be filled in only in the respective spaces allotted thereof and not in the middle of the Form.

  • Total Deductions (enter on Line 26b) .................................


More Definitions of Total Deductions

Total Deductions. [Enter Deductions] Net Consideration: [Enter] * To be reported in conformity with Section 848 of the Internal Revenue Code # Includes items such as modco adjustments, claim investigation/legal expenses, waiver of premium claims, etc.
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Total Deductions means the total of the annual Performance Deductions and the annual Other Deductions;
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Total Deductions. This is a calculated sum of LDB Exempt Deduction, CRA Claim Deductions and Other Breakage, Adjustments & Write-offs. Closing Inventory – Packaged Product  Calculated: This is calculated by deducting the ‘Total shipments in BC (BC Sales)’ and ‘Total Other Deductions’ from the ‘Total Product Available in BC’ column of the Packaged Product Movement Summary.  Physical: You are required to physically count the inventory of Packaged Product on March 31each year, you have on hand in your Licensed Establishment including your Manufacturer On-site Store and any Warehouses in BC. The inventory that you physically counted (converted to litres) should be reported in the ‘Closing Inventory – Physical’ column of the Packaged Product Movement Summary. Ensure you retain the inventory count sheets which record the inventory physically counted on March 31 along with the Commercial Distillery’s inventory records.
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Total Deductions means the costs allocated to the Prime Products pursuant to Exhibit C, plus all the additional costs incurred by the Buyer in preparing and delivering the Prime Products to its end customers, including but not limited to costs relating to administration, financing, further processing and shipping.
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Total Deductions. This is a calculated sum of LDB Exempt Deduction, CRA Claim Deductions and Other Breakage, Adjustments & Write-offs. Closing Inventory – Packaged Product  Calculated: This is calculated by deducting the ‘Total shipments in BC (BC Sales)’ and ‘Total Other Deductions’ from the ‘Total Product Available in BC’ column of the Packaged Product Movement Summary.  Physical: You are required to physically count the inventory of Packaged Product on March 31each year, you have on hand in your Licensed Establishment including your Manufacturer On-site Store and any Warehouses in BC. The inventory that you physically counted (converted to litres) should be reported in the ‘Closing Inventory – Physical’ column of the Packaged Product Movement Summary. Ensure you retain the inventory count sheets which record the inventory physically counted on March 31 along with the Commercial Distillery’s inventory records. APPENDIX A Commercial Distillery – Reporting Requirements and Procedures Difference This is calculated by deducting the ‘Closing Inventory – Calculated’ total from the ‘Closing Inventory – Physical’ total reported on the Packaged Product Movement Summary. LDB Shrinkage Allowance Calculation The shrinkage allowance takes into account an acceptable volume of Product that may be consumed or written-off in BC due to normal manufacturing and warehousing activities. By allowing this, a manufacturer does not have to fully document each instance of breakage/destruction which may occur. The rate depends on the annual production volume of the manufacturer. The current rate of the LDB shrinkage allowance is 0.5% of Total Calculated Packaged Product Moved in BC for the annual production of packaged spirit and refreshment beverage products' annual production. Self-Assessment Calculation This portion of the Packaged Product Movement Summary calculates the Total Deductions Subject to LDB Xxxx-up. If the amount is positive, you owe the LDB xxxx-up because your non- sale inventory deductions exceed the LDB shrinkage allowance. The LDB will invoice you to recover the xxxx-up value based on the LDB Established Retail Price of the excess volume of the unaccounted movement of inventory. INFORMATION ONLY Other With the submission of your Packaged Product Movement Summary report, you must provide the LDB a listing of all the Warehouses located in British Columbia where you stored any of your Products as at March 31.
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Total Deductions. This is a calculated sum of ‘Breakage Defective Allowed by CRA and/or LDB’ and ‘Other Breakage, Adjustments & Write-offs’.
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Related to Total Deductions

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments:

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of Foamex, the net income of Foamex and its Subsidiaries after provision for income taxes for such fiscal period, as determined in accordance with GAAP on a consolidated basis (excluding the Joint Ventures and the China Joint Venture) and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain (or loss) arising from any write-up (or write-down) in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by Foamex or any of its Subsidiaries in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person (other than Foamex Canada and the Mexican Subsidiaries and their respective Subsidiaries) in which Foamex or any of its Subsidiaries has an ownership interest unless (and only to the extent) such earnings shall actually have been received by Foamex or any of its Domestic Subsidiaries in the form of cash distributions; (e) earnings of any Person to which assets of Foamex or any of its Subsidiaries shall have been sold, transferred or disposed of, or into which Foamex or any of its Subsidiaries shall have been merged, or which has been a party with Foamex or any of its Subsidiaries to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain or loss arising from the acquisition of debt or equity securities of Foamex or any of its Subsidiaries or from cancellation or forgiveness of Debt; and (g) gain or loss arising from extraordinary items, as determined in accordance with GAAP.

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, the TSS membership liability revaluation charge, and certain other expenses (income), and excludes the portion of the adjusted net income of Total Specific Solutions (TSS) B.V. (“TSS”) attributable to the minority owners of TSS (see “Capital Resources and Commitments” section). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, the TSS membership liability revaluation charge, and certain other non- cash expenses (income) incurred or recognized by the Company from time to time, and adjusts for the portion of TSS’ Adjusted net income not attributable to shareholders of Constellation. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • EBIT means, for any period, the net income of the Company and its Subsidiaries on a Consolidated basis for such period plus each of the following with respect to the Company and its Subsidiaries on a Consolidated basis to the extent utilized in determining such net income: (a) Interest Expense and (b) provision for taxes.

  • Consolidated Net Income (Loss) of any Person means, for any period, the consolidated net income (or loss) of such Person and its consolidated Subsidiaries for such period as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (loss), by excluding, without duplication, (i) the portion of net income (or loss) of any other Person (other than any of such Person's consolidated Subsidiaries) in which such Person or any of its Subsidiaries has an ownership interest, except to the extent of the amount of dividends or other distributions actually paid to such Person or its consolidated Subsidiaries in cash by such other Person during such period, (ii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a "pooling of interests" basis attributable to any period prior to the date of combination, (iii) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan and (iv) solely for the purpose of determining Consolidated Net Income (Loss) in connection with the calculation of Restricted Payments permitted to be made hereunder, the net income of any consolidated Subsidiary of such Person to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulations applicable to that Subsidiary or its shareholders; provided that, upon the termination or expiration of such dividend or distribution restrictions, the portion of net income (or loss) of such consolidated Subsidiary allocable to such Person and previously excluded shall be added to the Consolidated Net Income (Loss) of such Person to the extent of the amount of dividends or other distributions available to be paid to such Person in cash by such Subsidiary.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • total income means the total income, other than income specified under Section 12 of this Act, derived by a person during an accounting period before subtraction of any deductions.

  • Base Period Income Base Period Income" is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • 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.

  • post compulsory deduction salary means the amount of salary available to be packaged after payroll deductions required by legislation or order have been taken into account. Such payroll deductions may include, but are not limited to, taxes, compulsory superannuation payments, HECS payments, child support payments, and judgement debtor/garnishee orders.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Open Year has the meaning specified in Section 4.01(r)(iii).

  • Gross-Up Amount has the meaning set forth in definition of “Make Whole Amount.”

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments: