Estimated taxes definition

Estimated taxes means the amount that the taxpayer reasonably estimates to be the taxpayer's tax liability for a municipal corporation's income tax for the current taxable year.
Estimated taxes means the amount that the taxpayer reasonably estimates to be the taxpayer's combined tax liability for the current taxable year.
Estimated taxes means the amount that the taxpayer reasonably estimates to be the taxpayer’s tax liability for the Village of Lakemore’s income tax for the current taxable year.

Examples of Estimated taxes in a sentence

  • Seller shall pay the Taxes and/or Estimated Taxes attributed to the period up to and including the day of Closing.

  • Seller’s share of the Estimated Taxes, to the extent attributed to the Property, shall be paid via credit against the sums due from Buyer at Closing; provided, however, if this sale involves a tax parcel split, Seller may elect to have the Estimated Taxes paid pursuant to an escrow arrangement approved by Seller.

  • If Seller so elects then, in lieu of a credit to Buyer at Closing, the Closing Agent shall collect from Seller and Buyer at Closing their respective shares of the Estimated Taxes, to be held in escrow and applied towards payment of the Taxes when billed after Closing.

  • Seller’s share of the Estimated Taxes shall be paid via credit against the sums due from Buyer at Closing.

  • If Seller so elects then, in lieu of a credit to Buyer at Closing, the Escrow Agent shall collect from Seller and Buyer at Closing their respective shares of the Estimated Taxes, to be held in escrow and applied towards payment of the Taxes when billed after Closing.


More Definitions of Estimated taxes

Estimated taxes means the amount that the taxpayer reasonably estimates to be the taxpayer's tax liability for the City of Willoughby Hills’ income tax for the current taxable year.
Estimated taxes means the amount that the taxpayer reasonably estimates to be the taxpayer's tax liability for the Village of Washingtonville’s income tax for the current taxable year.
Estimated taxes means the amount that the taxpayer estimates to be the taxpayer's combined tax liability under this chapter and Chapter 5748. of the Revised Code for the current taxable year.
Estimated taxes means the amount that a qualifying entity or electing pass-through entity estimates to be the sum of its liability under sections 5733.41 and 5747.41 or section 5747.38 of the Revised Code for its current qualifying taxable year or taxable year, as applicable.
Estimated taxes means the amount that qualifying entity estimates to be the sum of its liability under R.C. sections 5733.41 and 5747.41 for the current qualifying taxable year.
Estimated taxes means the amount that the taxpayer reasonably estimates to be the