Tax Value definition

Tax Value means, in respect of the rights transferred to the Licensee hereunder, where the respective transferred right is eligible capital property under the Tax Act, the least of the amounts referred to in subparagraphs 85(1)(d)(i), (ii) and (iii) of the Tax Act; where the respective transferred right is capital property under the Tax Act, the least of the amounts referred to in subparagraphs 85(1)(c.1)(i) and (ii) of the Tax Act; and where the respective transferred right is depreciable property under the Tax Act, the least of the amounts referred to in subparagraphs 85(1)(e)(i), (ii) and (iii) of the Tax Act.
Tax Value means the amount remaining after reducing the cost or value of a depreciable asset by the cumulative capital allowances on that asset;
Tax Value means, in respect of the rights transferred to the Licensee hereunder, where the respective transferred right is eligible capital property under the Tax Act, the least of the amounts referred to in subparagraphs 85(1)(d)(i), (ii) and (iii) of the Tax Act; where the where the respective transferred right is capital property under the Tax Act, the least of the amounts referred to in subparagraphs 85(1)(c.1)(i) and (ii) of the Tax Act; and where the where the respective transferred right is depreciable property under the Tax Act, the least of the amounts referred to in subparagraphs 85(1)(e)(i), (ii) and (iii) of the Tax Act.

Examples of Tax Value in a sentence

  • If the movement in the S&P/ASX200 Index is significantly different from the movement in the Bank’s market price over the relevant period, the Bank may approach the ATO to seek to vary the Tax Value methodology.

  • For the avoidance of doubt, if more than one event occurs that would give rise to a right to enter into a ITR Agreement pursuant to Section 6 or to a right to Delivered Tax Value or to a payment under Section 7(a), Section 7(b) or Section 8, any Holder of a Class P Unit that would have been entitled to payment in respect of more than one such event will be entitled to elect in respect of which such event such Holder will receive payment in accordance with these Terms.

  • The determination of the Pre- Tax Value shall be made on the basis of a policy or guidelines adopted by the appropriate O&C Committee using the maximum rates of federal, state, and local income and employment taxes that are applicable to the Participant, Beneficiary, or beneficiary of a Beneficiary.

  • Capital gains tax For CGT purposes, an Australian resident individual or complying superannuation entity shareholder participating in the Buy-Back will be deemed to have disposed of each Share bought back for deemed capital proceeds of $11.00 plus the amount (if any) by which the Tax Value exceeds the Buy-Back Price.

  • Certain taxation consequences arise if a share is bought back for a price which exceeds or is less than this Tax Value.


More Definitions of Tax Value

Tax Value with respect to a Participating Site, is equal to the sum of: (i) the Participating Site's PILOT Value; plus (ii) the Participating Site's MRT Value (if applicable); plus (iii) the Participating Site's Sales Tax Value (if applicable).
Tax Value means the adjusted acquisition cost as defined in article 43. “Tax year” means the 12 month period from 1 January to 31 December.
Tax Value means the lesser of (x) Market Value or (y) the average closing price of ProMedCo Stock for the five trading days ending two trading days prior to the Closing less a discount determined by Xxxxx Xxxxxxx & Company, ProMedCo's investment bankers, necessary to reflect, as of the Closing Date, the economic value of unregistered ProMedCo Stock subject to the restrictions contemplated by this Agreement, including the holding period required by Rule 144 of the Securities and Exchange Commission and the tax representations to be signed by the Shareholders pursuant to ss. 8.7 hereof.
Tax Value means the lesser of (x) Market Value or (y) the average closing price of ProMedCo Stock for the five trading days ending two trading days prior to the Closing under the Merger Agreement less a discount determined by Xxxxx Xxxxxxx & Company, ProMedCo's investment bankers, necessary to reflect, as of the Closing Date, the economic value of unregistered ProMedCo Stock subject to the restrictions contemplated by this Agreement, including the holding period required by Rule 144 of the Securities and Exchange Commission and the tax representations to be signed by the Shareholders pursuant to ss. 8.7 of the Merger Agreement. APPENDIX 2.2 ARTICLES OF MERGER AND PLAN OF MERGER FOR THE HP MERGER EXHIBIT A PLAN OF MERGER of Health Plans, Inc. with and into HP Acquisition Corp. Pursuant to Section 901 of the Maine Business Corporation Act Pursuant to this Plan of Merger, Health Plans, Inc., a Maine corporation ("HP") will be merged (the "Merger") with and into HP Acquisition Corp., a Maine corporation ("MergerSub"). In the Merger MergerSub will be the surviving corporation (the "Surviving Corporation"). The terms and conditions of the Merger and the consideration to be paid by the Surviving Corpora tion upon surrender of each outstanding share of HP not owned by MergerSub are as set forth below:
Tax Value means the lesser of (x) Market Value or (y) the average closing price of ProMedCo Stock for the five trading days ending two trading days prior to the Closing under the Merger Agreement less a discount determined by Xxxxx Xxxxxxx & Company, ProMedCo's investment bankers, necessary to reflect, as of the Closing Date, the economic value of unregistered ProMedCo Stock subject to the restrictions contemplated by this Agreement, including the holding period required by Rule 144 of the Securities and Exchange Commission and the tax representations to be signed by the Shareholders pursuant to ss. 8.7 of the Merger Agreement. APPENDIX 4.1 BYLAWS OF HP ACQUISITION CORP.
Tax Value means 78 per cent. or such other percentage as is the applicable tax rate under the Norwegian Petroleum Tax Act in respect of the relevant amount.