Tax Imposed on Sales by Tribal Retailers Sample Clauses

Tax Imposed on Sales by Tribal Retailers. The Tribe, by ordinance and in accord with the requirements of this Part, shall impose taxes on all sales by Tribal retailers of cigarettes to nonIndian and nonmember Indian purchasers within Indian country. During the term of this Contract, upon any future increase in the state cigarette tax, state retail sales tax or local retail sales tax, the Tribal tax on cigarettes shall increase by no less than 100 percent of the increase in the combined state and local tax rates; provided however that during the phase-in period the Tribal tax rate shall be set so that it is at least equal to 80 percent of the then current combined state cigarette tax and state and local sales tax. Upon any future decrease in the state cigarette tax, state retail sales tax or local retail sales tax, the Tribal tax on cigarettes may decrease to a minimum of no less than 100 percent of the combined state and local tax rates provided however that during the phase-in period the Tribal tax rate shall be set so that it is at least equal to 80 percent of the then current combined state cigarette tax and state and local sales tax. Pursuant to RCW 43.06.455, the state retrocedes from its tax during the time this Contract is in effect.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Tax Imposed on Sales by Tribal Retailers. The Tribe shall impose by ordinance taxes pursuant to the requirements of this Part on all sales by Tribal retailers of cigarettes to nonIndian and nonmember Indian pur­chasers within Indian country. Such ordinance may provide for compensation for wholesalers for their services in affixing the Tribal tax stamp. Beginning no sooner than the date this contract is signed, and subject to enactment of a Tribal ordinance authorizing the imposition of a tax on cigarettes, the Tribe shall impose and maintain in effect a tax on the retail sale of cigarettes equaling no less than the sum of an amount equal to 100 percent of the state cigarette tax, which is expressed in cents per cigarette, plus an amount equal to 100 percent of the state and local retail sales taxes. During the term of this Contract, upon any future increase in the state cigarette tax, state retail sales tax or local retail sales tax, the Tribal tax on cigarettes shall increase by no less than 100 percent of the increase in the combined state and local tax rates. Upon any future decrease in the state cigarette tax, state retail sales tax or local retail sales tax, the Tribal tax on cigarettes may decrease to a minimum of no less than 100 percent of the combined state and local tax rates. Pursuant to RCW 43.06.455, the state retrocedes from its tax during the time this Contract is in effect.
Sample 1
Tax Imposed on Sales by Tribal Retailers. The Tribe shall impose by ordinance taxes pursuant to the requirements of this Part on all sales by Tribal retailers of cigarettes to nonIndian and nonmember Indian pur­chasers within Indian country. Such ordinance may provide for compensation for wholesalers for their services in affixing the Tribal tax stamp, including but not limited to deductions available under state law for similarly situated taxpayers. During the term of this Contract, upon any future increase in the state cigarette tax, state retail sales tax or local retail sales tax, the Tribal tax on cigarettes shall increase by no less than 100 percent of the increase in the combined state and local tax rates; provided however that during the phase-in period the Tribal tax rate shall be set so that it is at least equal to 80 percent of the then current combined state cigarette tax and state and local sales tax. Upon any future decrease in the state cigarette tax, state retail sales tax or local retail sales tax, the Tribal tax on cigarettes may decrease to a minimum of no less than 100 percent of the combined state and local tax rates provided however that during the phase-in period the Tribal tax rate shall be set so that it is at least equal to 80 percent of the then current combined state cigarette tax and state and local sales tax. Pursuant to RCW 43.06.455, the state retrocedes from its tax during the time this Contract is in effect. Phase-In Tax Rate Beginning no later than March 31, , 2002, the Tribe shall impose and maintain in effect a tax on the retail sale of cigarettes equaling no less than the sum of an amount equal to 80 percent of the state cigarette tax, which is expressed in cents per ciga­rette, plus an amount equal to 80 percent of the state and local retail sales taxes. Final Tax Rate No later than 36 months after the initial imposition of tax under this Contract and subject to the phase-in reduction under this Part, the Tribe shall impose and maintain in effect a tax on the retail sale of cigarettes equaling no less than the sum of: an amount equal to 100 percent of the state cigarette tax, which is expressed in cents per ciga­rette, plus an amount equal to 100 percent of the state and local retail sales taxes.
Sample 1
Tax Imposed on Sales by Tribal Retailers. (a) The Tribe shall impose by ordinance taxes pursuant to the requirements of this Part on all sales by Tribal retailers of cigarettes to retail purchasers within Indian country. Such ordinance may provide for compensation for wholesalers for their services in affixing the Tribal tax stamp. The Tribe may allow for an exemption from such taxes for Tribal members, under Part V of this Compact.
Sample 1
Tax Imposed on Sales by Tribal Retailers. The Tribe shall impose taxes (both a unit tax and a sales tax) on all sales by Tribal retailers of cigarettes to nonIndian and nonmember Indian purchasers within Indian country. Beginning no sooner than the date this Contract is signed, the Tribe shall impose and maintain in effect a tax on the retail sale of cigarettes equaling no less than the sum of an amount equal to 80 percent of the state cigarette tax, which is expressed in cents per cigarette, plus an amount equal to 80 percent of the state and local retail sales taxes. During the term of this Contract, upon any future increase in the state cigarette tax, state retail sales and use tax or local retail sales and use tax, the Tribal tax on cigarettes shall increase by no less than 100 percent of the increase in the combined state and local tax rates. Notwithstanding the foregoing, so long as the Tribe is entitled to apply the 80 percent formula set forth above to its cigarette sales, the increase in state cigarette tax and state and local sales and use taxes shall trigger an increase in the corresponding tax of 100 percent of the 80 percent of the increased amount. Upon any future decrease in the state cigarette tax, state retail sales and use tax or local retail sales and use tax, the Tribal tax on cigarettes may decrease to a minimum of no less than 100 percent of the combined state and local tax rates. The 90-day period that the tribal tax is in effect shall be counted as part of the three-year phase-in and rate reduction calculation with respect to any extension or amendment of this Contract. Pursuant to RCW 43.06.455(3), the State retrocedes from its tax during the time this Contract, or any extensions or amendments thereof, is in effect.
Sample 1

Related to Tax Imposed on Sales by Tribal Retailers

  • Venue Limitation for TIPS Sales Vendor agrees that if any "Venue" provision is included in any TIPS Sale Agreement/contract between Vendor and a TIPS Member, that clause must provide that the "Venue" for any litigation or alternative dispute resolution shall be in the state and county where the TIPS Member operates unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing a “Venue” clause that conflicts with these terms is rendered void and unenforceable.

  • Indemnity Limitation for TIPS Sales Texas and other jurisdictions restrict the ability of governmental entities to indemnify others. Vendor agrees that if any "Indemnity" provision which requires the TIPS Member to indemnify Vendor is included in any TIPS sales agreement/contract between Vendor and a TIPS Member, that clause must either be stricken or qualified by including that such indemnity is only permitted, "to the extent permitted by the laws and constitution of [TIPS Member's State]” unless the TIPS Member expressly agrees otherwise. Any TIPS Sale Supplemental Agreement containing an "Indemnity" clause that conflicts with these terms is rendered void and unenforceable.

  • Pension Contributions While on Short Term Disability Contributions for OMERS Plan Members When an employee/plan member is on short-term sick leave and receiving less than 100% of regular salary, the Board will continue to deduct and remit OMERS contributions based on 100% of the employee/plan member’s regular pay.

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

Time is Money Join Law Insider Premium to draft better contracts faster.