Sales Tax Liability definition

Sales Tax Liability has the meaning given it by Section 5.12.
Sales Tax Liability means any sales tax liability resulting from transactions between the Company and LNP, LLC (d/b/a White Cloud), Nevada Holistic Medicine, LLC (d/b/a Cameron).
Sales Tax Liability means (i) any and all Liability of the Company for Taxes arising from the state and local sales and similar Taxes in the Designated Sales Tax Jurisdictions and (ii) any and all Liability of the Company for Taxes arising from state and local sales and similar Taxes in any jurisdiction other than the Designated Sales Tax Jurisdictions; provided, that the aggregate Liability under clause (ii) shall not exceed $100,000.

Examples of Sales Tax Liability in a sentence

  • CONTINGENT LIABILITIESThe Company has Contingent Liabilities in respect of JCCI Penalty of Rs. 5,34,523/- and Disputed Sales Tax Liability (Bangalore) of Rs. 6,47,571/- .

  • Deferred Sales Tax Liability is the sales tax liability pursuant to the company being eligible under package scheme of incentives (PSI-1988) of Government of Maharashtra.

  • MVAT collected till the year end under Sales Tax Incentive Scheme of 1993 by the Government of Maharashtra, Scheme PSI-1993 is considered in the Accounts as Deferred Sales Tax Liability and stated in Note 3.

  • If the City determines that on-site BMR units are not feasible, off-site units acceptable to the City, or vacant land determined to be suitable for affordable housing, construction, may be provided instead.

  • Sales Tax Liability against pending forms 32,52,216 38,53,093 31.


More Definitions of Sales Tax Liability

Sales Tax Liability means the Company’s and CPS LLC’s aggregate sales tax liability determined in accordance with Wayfair guidance as verified by Parent’s auditor.
Sales Tax Liability means the outstanding amount of sales Tax Liability owed by the Company as of the Closing.
Sales Tax Liability means the sales tax liabilities owed by the Company in the states of Massachusetts, Pennsylvania, and Washington for a Pre-Closing Tax Period. For purposes of Estimated Closing Working Capital, the Sales Tax Liability will be an amount equal to $150,000.00.
Sales Tax Liability has the meaning set forth in Section 2.14.
Sales Tax Liability means a Liability for a Pre-Closing Tax Period that relates to sales, use or substantially similar taxes (together with any associated interest, penalties or additions to tax) in any state (or any local jurisdiction therein), including any such taxes or other amounts arising out of or resulting from the failure to file related tax returns and/or to remit any such sales taxes in any such state or local jurisdiction.
Sales Tax Liability means $945,000.
Sales Tax Liability means sales, use and similar taxes, together with any interest, penalty, addition to tax of additional amount imposed by any government authority responsible for the imposition of such taxes owed by the Company to any State (or State taxing authority) other than California, Florida, Minnesota, New York and Nevada as of the Closing Date.