Tax day definition

Tax day means that term as described in section 2(2).
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Tax day means November 30, following the end of the income year; section 2 (62A)
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Examples of Tax day in a sentence

  • During the workshops, the benefits were initially reviewed to check relevance; the benefits were then grouped according to categories developed by stakeholders.

  • Editor's Note: Tax day is now is December 31 of the immediately preceding year.

  • Tax day for 2005 is December 31, 2004.”10 In response to the motion, Petitioners’ counsel first argued that “if [Respondent’s] counsel had an objection to this exhibit, I believe the proper method of approaching this topic would have been a motion in limine…”11 and asked the Tribunal to require Respondent’s counsel to file a brief and allow Petitioners’ counsel to file a brief in response to the motion.

  • Submit a signed power of attor- ney, or a true copy thereof certified under§ 49.21 of this chapter, with the application or request.

  • Tax day 2015 represents the next big test in the implementation of this highly controversial law.

  • Subject to the exceptions provided or permitted by statute, the taxable status of persons and property shall be determined as of the first day of January, which shall be deemed the tax day.Editor's note: Tax day is December 31st pursuant to MCL 211.2.

  • This process is time consuming and is not 100% accurate to notify our community during events such as flooding, tornadoes or sheltering in place.On April 18, 2016 during Tax day floods, the city sent a reverse 911 telephone call to let residence know that White oak Bayou was going to flood.

  • First release of ’09: April 15, Tax day, tea bag day, the Ides of April, Freak Out and Fast Food day, our just plain old hump day, regardless of your choice it was also the day of our first release of 2009.

  • Friday, Saturday nights, cheque day which is like Welfare day or Child Tax day.

  • The board agreed to a one year plan and to continue to analyze additional proposals.9. Annual Motor Fuels Tax day labor transfers Interim Village Manager Dieterich stated that funds are not available for the annual Motor Fuel Tax day labor transfers at this time.

Related to Tax day

  • Tax Date means the date any withholding tax obligation arises under the Code for a Participant with respect to an Incentive Award.

  • tax dues means the tax payable under this Act and does not include interest, fee and penalty; and

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • 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).

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

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

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

  • Tax Benefit means any refund, credit, or other reduction in otherwise required Tax payments.

  • 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.

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).

  • Taxable means either:

  • Book-Tax Disparities means, with respect to any item of Contributed Property or Adjusted Property, as of the date of any determination, the difference between the Carrying Value of such Contributed Property or Adjusted Property and the adjusted basis thereof for federal income tax purposes as of such date. A Partner's share of the Partnership's Book-Tax Disparities in all of its Contributed Property and Adjusted Property will be reflected by the difference between such Partner's Capital Account balance as maintained pursuant to Exhibit B and the hypothetical balance of such Partner's Capital Account computed as if it had been maintained strictly in accordance with federal income tax accounting principles.

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document.

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

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • 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.

  • Tax Detriment means an increase in the Tax liability (or reduction in refund or credit or any item of deduction or expense) of a Taxpayer for any taxable period. Except as otherwise provided in this Agreement, a Tax Detriment shall be deemed to have been realized or incurred from a Tax Item in a taxable period only if and to the extent that the Tax liability of the Taxpayer for such period, after taking into account the effect of the Tax Item on the Tax liability of such Taxpayer in the current period and all prior periods, is more than it would have been had such Tax liability been determined without regard to such Tax Item.

  • Taxable Period means any taxable year or other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Book-Tax Disparity means with respect to any item of Contributed Property or Adjusted Property, as of the date of any determination, the difference between the Carrying Value of such Contributed Property or Adjusted Property and the adjusted basis thereof for federal income tax purposes as of such date. A Partner’s share of the Partnership’s Book-Tax Disparities in all of its Contributed Property and Adjusted Property will be reflected by the difference between such Partner’s Capital Account balance as maintained pursuant to Section 5.5 and the hypothetical balance of such Partner’s Capital Account computed as if it had been maintained strictly in accordance with federal income tax accounting principles.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign Tax credit, excess charitable contribution, general business credit, research and development credit, earnings and profits, basis, or any other Tax Item that could reduce a Tax or create a Tax Benefit.

  • Tax Dispute has the meaning set forth in Section 5.06.

  • Transaction Payroll Taxes means the employer portion of any employment or payroll Taxes with respect to any bonuses, severance, option cashouts, Change in Control Payments or other compensatory payments in connection with the transactions contemplated by this Agreement, whether payable by Buyer, the Company or its Subsidiaries.