Federal Rate defined to mean the highest effective federal income tax rate applicable to any individual for such year and (b) the "State Rate" defined as the product of (i) the highest effective state income tax rate applicable to an individual Member for such year multiplied by (ii) a percentage equal to the difference between one hundred percent (100%) and the Federal Rate.
Federal Rate means, with respect to a Taxable Event, the highest marginal federal income tax rate applicable to income or gain having the same character as the income or gain arising from such Taxable Event applicable to the Protected Person in effect for the Taxable Period in issue, taking into account the deductibility of state income taxes payable at the related State Tax Rate by the affected Protected Person, without regard to any limitations on such deduction applicable solely to such Protected Person.
Federal Rate means the rate at or below which the federal government or its agents reimburse providers for prescription drugs administered to patients as provided for in the medicare, Part B, drugs average sales price information resource as published by the United States Department of Health and Human Services, or any index that succeeds it.
Examples of Federal Rate in a sentence
In addition, we adjusted the portion of the Federal rate attributable to wage-related costs by a wage index.
For example, sole community hospitals (SCHs) receive the higher of a hospital-specific rate based on their costs in a base year (the highest of FY 1982, FY 1987, FY 1996, or FY 2006) or the IPPS Federal rate based on the standardized amount.
During the 5-year (optional) transition period, a LTCH’s payment under the PPS was based on an increasing proportion of the LTCH Federal rate with a corresponding decreasing proportion based on reasonable cost principles.
Effective for cost reporting periods beginning on or after October 1, 2006, all LTCHs are paid 100 percent of the Federal rate.
Thus, the SNF PPS is no longer operating under the transition, as all facilities have been paid at the full Federal rate effective with cost reporting periods beginning in FY 2002.
More Definitions of Federal Rate
Federal Rate means the applicable federal rate, as defined under sections 1274(d) and 7872 of the Internal Revenue Code of 1986, as amended, compounded annually.
Federal Rate means the monthly rate of interest as published by the Internal Revenue Service pursuant to Internal Revenue Code Section 7520.
Federal Rate means, for each Taxable Year, the highest federal income tax rate applicable to a U.S. corporation for such Taxable Year.
Federal Rate means the highest marginal rate in effect on any applicable Payment Date at which basic income taxes are imposed pursuant to the Code on income earned by individuals. The Federal Rate shall be determined without reference to or adjustment for any applicable credits or deductions, or for any other taxes (e.g., the alternative minimum tax) or surtaxes that may be imposed pursuant to the Code, or for any special tax rates that may apply to income derived from specific sources (e.g., dividends or capital gains). The Federal Rate is 35.0% on the Effective Date.
Federal Rate means the rate at or below which the federal government or its agents reimburse providers for pre- scription drugs administered to patients as provided for in the medicare, Part B drugs average sales price information resource as published by the United States Department of
Federal Rate means that rate of interest, determined by Employer's auditors in accordance with Internal Revenue Service regulations, necessary to prevent interest on the Mortgage Loan from being imputed to Executive as income and to Employer as expense. Interest only shall be due and payable on the Mortgage Loan for the first five years thereof. Thereafter, the Mortgage Loan shall be repayable in sixty, equal payments of principal, plus accrued and unpaid interest. All payments shall be due on the first of each month, with interest payable in arrears. Notwithstanding anything to the contrary contained herein or in the Note or Mortgage, Executive shall not be required to make the principal and/or interest payments otherwise due during the Employment Period and the Employer shall credit the Mortgage Loan account as if such payments had been timely made. Amounts so credited shall be deemed forgiven and Executive shall not be liable for repayment thereof. In the event (a) Executive shall remain in the employ of Employer for at least 10 consecutive years; (b) Employer shall terminate this Agreement without cause (Section 5.1); (c) Executive shall terminate this Agreement for good reason (Section 5.3); (d) this Agreement shall terminate or be terminated as a result of the death (Section 5.5) or disability (Section 5.4) of Executive; (e) Employer (or any trustee of Employer) shall reject this Agreement pursuant to powers granted under the United States Bankruptcy Code (11 U.S.C. ss.ss. 101 et seq.), or any xxxxessor statute thereto, and either (i) Employer and Executive, each acting in his/its sole and absolute subjective discretion, shall fail to agree upon terms and conditions for Executive's continued employment with Employer or (ii) Executive, in his sole and absolute subjective discretion, shall fail to accept, and thereafter Employer shall fail to withdraw its demand for, any proposed revision in the terms and conditions of the Mortgage Loan; or (f) Employer shall give notice of termination pursuant to Section 2 of this Agreement, then, and in any of such events, the Mortgage Loan, and all interest due thereon, shall be deemed paid in full. In the event (x) Executive shall terminate this Agreement without cause (Section 5.1); (y) Executive shall give notice of termination pursuant to Section 2; or (z) Employer shall terminate this Agreement for cause (Section 5.2), Executive shall pay to Employer the unpaid principal balance and all accrued interest on the Mortgage Loan...
Federal Rate means the rate at or below which the federal government or its agents reimburse providers for prescription drugs administered to patients as provided for in the medicare, Part B,