Excess Tax definition

Excess Tax as defined in Section 3.6(g).
Sample 1Sample 2Sample 3
Excess Tax means, with respect to any subsequent TAX Year, the amount, if any, by which the TAX for such subsequent TAX Year exceeds the TAX for the TAX Base Year.
Sample 1Sample 2
Excess Tax or "Excess Taxes" shall mean any amount of Taxes payable by Landlord upon the Project in any Tax Year in excess of the Base Tax.
Sample 1Sample 2

Examples of Excess Tax in a sentence

  • Excess tax benefits from share-based compensation represent the excess of tax deductions over the related financial reporting share- based compensation expense.

  • Excess tax benefits are realized tax benefits from tax deductions for exercised options in excess of the deferred tax asset attributable to stock compensation costs for such options.

  • Excess tax benefits related to equity awards are recognized in the provision for income taxes.

  • Excess tax benefits were recognized in additional paid-in capital through 2016.

  • This is a broader definition than the ESOS Act definition of an overseas student, and can include students on a range of temporary work, business, spouse or other visas, as well as offshore students.

  • Excess tax offsets(3A) If you have *tax offsets that are subject to the refundable tax offset rules and the total of those offsets exceeds your basic income tax liability, you can, after allowing certain other tax offsets, get a refund of the excess under section 67-30.

  • Excess tax benefits are recognized as an adjustment to income tax expense in the consolidated statements of comprehensive income.

  • Excess tax benefits for share-based payments are recorded as a reduction of income taxes and reflected in operating cash flows upon the adoption of this ASU.

  • Excess tax benefits and deficiencies (including tax benefits from dividends paid on unvested restricted stock awards) are recognized in the Income Tax Provision in the Consolidated Statements of Income.Effective July 2, 2018, Federated Hermes established a non-public subsidiary share-based compensation plan for certain employees of one of its subsidiaries.

  • Excess tax benefits and deficiencies (including tax benefits from dividends paid on unvested restricted stock awards) are recognized in the Income Tax Provision in the Consolidated Statements of Income.Effective July 2, 2018, Federated established a non-public subsidiary share-based compensation plan for certain employees of that subsidiary.


More Definitions of Excess Tax

Excess Tax means that amount of City tax collected during a reporting period that is in excess of the amount yielded by applying the rate imposed by Section 3-28-40 hereof to City net taxable sales and services and which excessive collection must be remitted to the City using the method prescribed in this Article.
Sample 1
Excess Tax means the difference, if any, between the amount described in division (A)(2)(a) of this section and the amount described in division (A)(2)(b) of this section:
Sample 1
Excess Tax has the meaning set forth in Section 4.3.
Sample 1

Related to Excess Tax

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

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

  • 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.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • MUNICIPAL TAXABLE INCOME means the following:

  • Base Tax Year means the property tax levy year used

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

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

  • Base Taxes means Taxes for the calendar year specified as the Base Year in the Basic Lease Information.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • 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.

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • 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.

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

  • maximum council tax reduction amount means the amount determined in accordance with paragraph 29;

  • Excess Contribution means a contribution that exceeds the

  • Final Tax Amount has the meaning set forth in Section 4.01(b)(ii).

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • input tax , in relation to a vendor, means—