Local option tax definition

Local option tax or “local option taxes” means the taxes imposed by Iowa Code chapter 423B.
Local option tax means a tax described under section 11 (4) or (7)(c), Article XI of the Oregon Constitution.
Local option tax means all local option tax receipts received by the Issuer pursuant to Iowa Code Section 423B.7 as authorized pursuant to the special City election held on May 3, 2016.

Examples of Local option tax in a sentence

  • Park propertyvalue within permanent rate limit.T: Local option tax for land purchases, 1/2 226.220 d.

  • Local option tax for law enforcement provided by city or county.B: General obligation bonds.

  • Community housesT: Local option tax or voter approved bonds.276.736b.

  • Local option tax rate not entitled to collection allowance: ...........................................

  • Local option tax revenues not identified as to unit shall go to local option supplemental revenue fund.

  • Local option tax applies to any sales made in municipalities that impose the tax.

  • Local option tax collections shall not be included in the computation of the total tax to determine the frequency of filing under Iowa Code section 422.52.The local option sales and service tax can be imposed upon the unincorporated area of any county only if a majority of those voting in the area favor its imposition.

  • Section 336.025(1)(a), F.S. Local option tax rates on diesel fuel are “equalized” statewide, meaning that the full six cents, and another 1 cent per s.

  • Fire purposes T: Local option tax limited to 4/10 of 1% 264.340(2) (.0040) of RMV.

  • Fire purposes (fire apparatus) T: Local option tax limited to 3/20 of 1% 264.340(2) (.0015) of RMV.


More Definitions of Local option tax

Local option tax means a tax de- scribed under section 11 (4) or (7)(c), Article XI of the Oregon Constitution.
Local option tax means all of the tax receipts collected by the County from the local option sales and services tax imposed in accordance with Chapter 423B of the Code of Iowa and Ordinance No.95-2, duly adopted by the Board of Supervisors of Pottawattamie County, Iowa with respect thereto, as authorized pursuant to the special election held on November 8,
Local option tax means any tax imposed by a Kansas county upon any transaction occurring

Related to Local option tax

  • non-taxable territory means the territory which is outside the taxable territory;

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

  • non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act;

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Post-Distribution Tax Period means a Tax period beginning and ending after the Distribution Date.

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Swiss Withholding Tax means any withholding tax in accordance with the Swiss Federal Statute on Anticipatory Tax of 13 October 1965 (Bundesgesetz uber die Verrechnungssteuer) and any successor provision, as appropriate.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Aggregate Option Exercise Price means an amount equal to the aggregate dollar amount of the exercise price on all Company Options outstanding immediately prior to the Effective Time.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law. Annex 1 – Data Processing

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Non-Income Tax means any Tax other than an Income Tax.

  • Canadian Taxes has the meaning specified in Section 1005.

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Combined state and local revenue per membership pupil means the district’s combined state and local revenue divided by the district’s membership excluding special education pupils.