Conveyance Tax definition

Conveyance Tax means any sales, use, transfer, conveyance, ad valorem, stamp, stamp duty, recording or other similar tax, fee or charge imposed upon the sale, transfer or assignment of real, personal, tangible or intangible property or any interest therein, or upon the recording of any such sale, transfer or assignment, together with any interest, additions or penalties in respect thereof, imposed by any Taxing Authority in respect of the transfer of the Xxxxxx Equity Interests pursuant to this Agreement.
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Conveyance Tax means any and all excise, sales, use, value added, registration, stamp, recording, documentary, property, transfer and similar Taxes.
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Conveyance Tax or "Conveyance Taxes" shall have the meaning set forth in Section 7.15 hereof.
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Examples of Conveyance Tax in a sentence

  • The exemption prevents the double taxation of such transactions since they are subject to the Real Estate Conveyance Tax.

  • We) declare, under the penalties prescribed for false declaration in section 231-36, HRS, that this certificate (including accompanying schedules or statements) has been examined by me (us) and, to the best of my (our) knowledge and belief, is a true, correct, and complete certificate, made in good faith, for the actual and full consideration paid on the conveyance to which this certificate is appended, pursuant to the Conveyance Tax Law, chapter 247, HRS.

  • In other words, this comment should not be construed as constituting a closed list of reservations with the Bill.

  • For example, an exemption from the Real Estate Conveyance Tax was created for property conveyances of less than $2,000 because the amount of revenue that would be collected was considered too small to justify the administrative cost of collecting it.

  • Adoption of a resolution authorizing the expenditure of Construction Tax and Property Conveyance Tax funds currently allocated for “Service Yards” purposes for the South San José Police Substation project pursuant to Municipal Code 4.55.300.

  • Required documents, including duly executed State of Connecticut Real Estate Conveyance Tax Returns, evidencing that the conveyances hereunder are exempt from real property conveyance taxes.

  • Cash or stock valued at 95% of the weighted average trading price of shares.

  • Multiple Conveyance Tax transactions collectively paid with one check will not be accepted.

  • Report Title: Conveyance Tax; Controlling Interest Transfer Description: Imposes a conveyance tax on the conveyance of a controlling interest of an entity with an interest in real property in the State.

  • Hawaii enacted legislation to temporarily divert a larger portion of Conveyance Tax revenue to the General Fund in FY 2010 and 2011.


More Definitions of Conveyance Tax

Conveyance Tax shall have the meaning set forth in Section 9.05.
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Related to Conveyance Tax

  • Conveyance Taxes means all sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Conveyance Date means the date of a Conveyance, as specified in the applicable Purchase Notice or Notice of Substitution.

  • Transfer Tax means any transfer, recording, registration and other fees and any similar taxes that become payable in connection with the Transactions (together with any related interest, penalties or additions to such taxes).

  • conveyancer means the conveyancer described at paragraph 6 of the Schedule;

  • Conveyancers means conveyancers nominated by the Seller in terms of clause 1.15 of the Contract of Sale;

  • Conveyance Agreement means the Conveyance Agreement Master Securitization Terms Number 1000, dated February 29, 2008, as amended and reaffirmed from time to time, among the Master Depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of the Master Depositor, VL Funding, as the depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of VL Funding, and Xxxxxx Xxx, Inc., as master servicer, together with each executed Purchase Agreement (as defined therein), each executed Xxxx of Sale (as defined therein) and all attachments thereto.

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Straddle Tax Period means any taxable period beginning on or before and ending after the Closing Date.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • State tax means the tax levied under this Act;

  • MUNICIPAL TAXABLE INCOME means the following:

  • the Taxes Act means the Income and Corporation Taxes Act 1988;

  • Assignment Taxes has the meaning set forth in Section 3.01(b).

  • Transfer Taxes means any and all transfer, documentary, sales, use, gross receipts, stamp, registration, value added, recording, escrow and other similar Taxes and fees (including any penalties and interest) incurred in connection with the transactions contemplated by this Agreement (including any real property or leasehold interest transfer or gains tax and any similar Tax).

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Transaction Taxes has the meaning set forth in Section 6.01.

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

  • All applicable taxes and duties means all taxes and duties, in effect on the contract date, that the taxing authority is imposing and collecting on the transactions or property covered by this contract, pursuant to written ruling or regulation in effect on the contract date.

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

  • Conveyance shall have the meaning specified in Subsection 2.01(a).

  • State Income Tax means any Tax imposed by any State of the United States (or by any political subdivision of any such State) or the District of Columbia, or any city or municipality located therein, which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Assumed State and Local Tax Rate means the tax rate equal to the sum of the products of (x) the Corporation’s income tax apportionment factor for each state and local jurisdiction in which the Corporation files income or franchise tax returns for the relevant Taxable Year and (y) the highest corporate income and franchise tax rate in effect for such Taxable Year for each such state and local jurisdiction in which the Corporation files income tax returns for each relevant Taxable Year.

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.