Refundable credit definition

Refundable credit means the amount of the City income tax that was paid on the non-distributed portion, if any, of a nonqualified deferred compensation plan.
Refundable credit means the amount of Village of Conesville income tax that was paid on the non-distributed portion, if any, of a nonqualified deferred compensation plan.
Refundable credit means the amount of this municipality income tax that was paid on the non-distributed portion, if any, of a nonqualified deferred compensation plan.

Examples of Refundable credit in a sentence

  • Exemptions which may apply are specified in Section 2 (C)(12) Refundable credit for Nonqualified Deferred Compensation Plan.

  • Refundable credit on mining duties and refundable tax credit related to resources for the current and prior periods are measured at the amount expected to be recovered from the taxation authorities using the tax rates and tax laws that have been enacted or substantively enacted at the statement of financial position date.

  • It is noticed that as per the BPTA signed by the petitioner and the respondent, the date of commencement of open access was May 2011 or actual date of commercial operation of the first unit of the generating station of the petitioner, whichever was earlier.

  • Exemptions which may apply are specified in Chapter 882.03 (C)(12) Refundable credit for Nonqualified Deferred Compensation Plan.

  • Exemptions which may apply are specified in Section 192.02 (C)(12) Refundable credit for Nonqualified Deferred Compensation Plan.


More Definitions of Refundable credit

Refundable credit means the amount of City income tax that was paid on the nondistributed portion, if any, of a nonqualified deferred compensation plan.
Refundable credit means with respect to Recovery Zone Economic Development Bonds, an amount equal to 45 percent of the interest due on the Recovery Zone Economic Development Bonds on each Interest Payment Date, to be paid to the County by the United States Department of Treasury in accordance with Sections 1400U-2 and 6431 of the Code.
Refundable credit means the amount of City of Olmsted Falls income tax that was paid on the non-distributed portion, if any, of a nonqualified deferred compensation plan.
Refundable credit means (i) with respect to the Build America Bonds, if any, an amount equal to 35 percent of the interest due on the Build America Bonds on each Interest Payment Date, to be paid to the City by the United States Department of Treasury in accordance with Sections 54AA and 6431 of the Code, and
Refundable credit means, with respect to a Series of Bonds that are Build America Bonds, the amounts which are payable by the Federal government under Section 6431 of the Code, which the City has elected to receive under Section 54AA(g)(1) of the Code. Refundable Credits shall not be considered System Net Revenues.
Refundable credit means a credit of not less than $4.50, and no more than $75.00, which is automatically placed in an Impacted Current Account Holder’s account on the Grubhub Platform, which will expire in 90 days and, if not used by the end of that period, will be refunded by check without the Impacted Current Account Holder being required to take any affirmative action in accordance with Paragraph 33.
Refundable credit means the amount of the Municipality income tax that was paid on the non-distributed portion, if any, of a nonqualified deferred compensation plan.2. If, in addition to the Municipality, a taxpayer has paid tax to other municipal corporations with respect to the nonqualified deferred compensation plan, theamount of the credit that a taxpayer may claim from each municipal corporation shall be calculated on the basis of each municipal corporation's proportionate share of the total municipal corporation income tax paid by the taxpayer to all municipal corporations with respect to the nonqualified deferred compensation plan.3. In no case shall the amount of the credit allowed under this section exceed the cumulative income tax that a taxpayer has paid to the Municipality for all taxable years with respect to the nonqualified deferred compensation plan.4. The credit allowed under this division is allowed only to the extent the taxpayer's qualifying loss is attributable to: