Tax Income definition

Tax Income or “Tax Loss” of the Partnership for any Fiscal Year means the income or loss and any taxable capital gain or allowable capital loss of the Partnership, determined for that period in accordance with the provisions of the Income Tax Act;

Tax Income and "Tax Loss" means, respectively, with respect to the Partnership and in respect of any period, income or loss for such period determined in accordance with the provisions of the Tax Act;

Tax Income means Gross Revenues less the sum of Manager's Costs and the Cost of Medical Services after provision of related bonuses but before provision for income taxes.

Examples of Tax Income in a sentence

• The Employer will provide individual providers with a W-4 tax form and Federal Tax Income (FIT) notice.

• The Contractor shall notify DCF in writing, within thirty (30) calendar days of the date payment was due of any past due liabilities to the Federal government, State government or their agents for income tax withholding, FICA, Worker’s Compensation, Unemployment Compensation, garnishments or other employee related liabilities, Sales Tax, Income Tax of the Contractor, or other monies owed.

• Submitting fake/forged documents towards meeting eligibility criteria such as experience capability, supply proof, registration with Goods and Services Tax, Income tax departments etc and as supporting documents towards other terms and conditions with the bid to meet terms & condition of tender.

• For the purposes of the allocation for accounting purposes of the Net Income or the Net Loss, Tax Income or Tax Loss of the Partnership, the Auditors will determine such Net Income or Net Loss, and Tax Income or Tax Loss in accordance with IFRS or the Tax Act, as the case may be.

• RE Return on the provided equity RD Interest on the loan granted by the Funder RH Return on the granted hybrid capital Tax Income tax rate If the Compensation Event results in the increase of the Private partner's costs related to the Service provision, such increase of costs are compensated together with the amounts of the annual remuneration paid to the Private partner each month.

More Definitions of Tax Income

Tax Income means one-quarter of an Issuer's actual taxable income for the year prior to that with respect to which the calculations described above are being made; and

Tax Income means one-quarter of an Investee Company's actual taxable income for the year prior to that with respect to which the calculations described above are being made. For purposes hereof, any references herein to the taxable income or loss of a Pass-Through Entity that is disregarded as an entity separate from its owner for tax purposes shall mean the taxable income or loss of such Pass-Through Entity as if it was a pass-through corporation which was not disregarded as a separate entity for tax purposes; and

Tax Income or “Tax Loss” means, for each Fiscal Year, the net taxable income and net taxable loss of the Company for each Fiscal Year determined in accordance with federal income tax principles, including items required to be separately stated, taking into account income that is exempt from federal income taxation and items that are neither deductible nor capitalized.

Tax Income means the ‘net income’ of the Trust as defined in section 95 of the Tax Act; ‘Tax Invoice’ has the same meaning as in the GST Act;

Tax Income means the income of Company (before deducting federal, state and local income taxes) for the applicable calendar year, determined by the independent certified public accountants of the Company in accordance with generally accepted accounting principles consistently applied. To the extent any period during the term hereof is not a complete calendar year, such bonus shall be paid pro rata for the balance of the incomplete period.

Tax Income means, for any Subject Year, the actual income (or loss) of the Company and its consolidated subsidiaries determined in accordance with generally accepted accounting principles from time to time in effect (“GAAP”) before provisions for income taxes and Employee’s Bonus pursuant to this Section 3.2, and adjusted to exclude income (or loss) not reflected in the Budgeted Pre-tax Income that is directly attributable to (x) the sale or distribution of assets not in the Company’s ordinary course of business, (y) transactions accounted for as extraordinary events in accordance with GAAP and (z) acquisitions by the Company of businesses (by merger, consolidation, acquisition of stock or assets or otherwise), including without limitation, acquisition costs and operations of the acquired businesses, that closed during such Subject Year but were not accounted for or otherwise reflected in the Budgeted Pre-tax Income for such Subject Year. In addition, Adjusted Pre-tax Income may be adjusted in the sole discretion of the Compensation Committee of the Board of Directors in accordance with Section 3.2.6 below to exclude non-recurring income and expenses as it believes are warranted under the circumstances, as determined on a case-by-case basis.

Tax Income shall otherwise be defined as follows: