Taxable Gain definition

Taxable Gain means any "taxable capital gain" as defined in paragraph 1 of Schedule 8 to the Income Tax Act; and
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Taxable Gain means that amount of the consideration from sale of shares received or receivable in accordance with the provisions of Division 14B;
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Taxable Gain means any "taxable capital gain" as defined in paragraph 1 of the Eighth Schedule to the Income Tax Act.
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Examples of Taxable Gain in a sentence

  • Taxable Gain Or Loss" shall mean profit or loss recognized by Palace on the sale, exchange or other disposition of any LLC property, as computed for federal income tax purposes.

  • The amount that the Spin Out Taxable Gain exceeds ten million dollars ($10,000,000), if any, is as set forth on Section 4.16(m) of the Company Disclosure Schedule.

  • Taxable Gain WarrantyPursuant to the Arrangement Agreement, New Correvio has provided a warranty to Cipher that the aggregate amount of (i) income in excess of losses, and (ii) taxable capital gains in excess of allowable capital losses, in all cases realized by Cardiome as a result of the transactions contemplated in the Arrangement Agreement, including the Arrangement, will not exceed $1,000,000.


More Definitions of Taxable Gain

Taxable Gain means any “taxable gain“ as defined in paragraph 1 of Schedule 8 to the Income Tax Act; and “Taxable Income“ means any “taxable income“ as defined in section 1 of the Income Tax Act.
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Related to Taxable Gain

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Taxable means either:

  • taxable service means any service provided or to be provided –

  • Tax Asset means any loss, net operating loss, net capital loss, investment tax credit, foreign tax credit, charitable deduction, or any other credit or Tax attribute that could be carried forward or carried back to reduce Taxes.

  • Residual Gain or “Residual Loss” means any item of gain or loss, as the case may be, of the Partnership recognized for federal income tax purposes resulting from a sale, exchange or other disposition of a Contributed Property or Adjusted Property, to the extent such item of gain or loss is not allocated pursuant to Section 6.2(b)(i)(A) or Section 6.2(b)(ii)(A), respectively, to eliminate Book-Tax Disparities.

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • taxable trading means carrying on a trade or business for the principal purpose of raising funds and not for the purpose of actually carrying out the Objects, the profits of which are subject to corporation tax;

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Straddle Tax Period means any taxable period beginning on or before and ending after the Closing Date.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Non-Income Tax means any Tax other than an Income Tax.