Tax Rebates Sample Clauses

Tax Rebates. (a) The Recipient will report all program expenditures net of any tax rebates or input tax credits.
Sample 1
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Tax Rebates. (a) The Developer intends to finance the water, sewer, drainage, park and recreational facilities, and roads necessary to develop the Property through the Special District serving the Property. The Developer currently anticipates that the costs to develop the Property with these infrastructure improvements, when combined with the City’s current tax rate would not be financially feasible within the $1.50 tax rate allowed by the rules of the TCEQ and market competition. Therefore, the Parties agree that a partial rebate of the City’s ad valorem tax (the “Tax Rebate”) is required to make the development of the Property financially feasible and competitive.
Sample 1
Tax Rebates. (i) The Town shall (1) compute the Town’s annual net revenue from the County’s sales tax attributable to the Grocery Store and (ii) rebate to Hometown every other month (6 times a year) a percentage of such net revenue attributable to the Grocery Store in accordance with the following schedule: 100% of net revenue received by the Town from the County sales tax and attributable to the Grocery Store that is generated in calendar years 2015, 2016, 2017, 2018, 2019 and 2020.
Sample 1
Tax Rebates. An amount equal to fifty percent (50%) of all Dealership Sales Tax Revenue that the City receives (again acknowledging that Dealership Sales Tax Revenue does not include the City's Home Rule Tax). For illustrative purposes: For new and used automobile sales: if the Dealership’s annual sales of automobiles generate a total of $35 million, then the City’s Portion of the State Sales Tax received from IDOR will be $350,000 (less any deduction of the State Administrative Charge) of which FCAR will receive $175,000 (less any deduction of the State Administrative Charge) in Tax Rebate from the City. For auto parts and goods: if the Dealership’s annual sales of goods or parts or other tangible goods subject to the Statewide Sales Tax and the City’s Home Rule Tax generate a total of $2 million, then the City’s Portion of the State Sales Tax received from IDOR will be $40,000 (less any deduction of the State Administrative Charge) of which the FCAR will receive $10,000.
Sample 1
Tax Rebates. An amount equal to fifty percent (50%) of all Dealership Sales Tax Revenue that the City receives, excluding the City’s Home Rule Sales Tax. For illustrative purposes only: For new and used automobile sales: if the Dealership’s annual sale of automobiles generate a total of $35 million, then the City’s portion of sales tax received from IDOR will be $350,000 (less any deduction of the State administrative cost) of which the FCA will receive $175,000 (less any deduction of the State administrative cost) in tax rebate from the City. For auto parts and goods: if the Dealership’s annual sale of goods or parts or other tangible goods subject to the Statewide Sales Tax and the City’s Home Rule Sales Tax generate a total of $2 million, then the City’s portion of taxes received from IDOR will be $40,000 (less any deduction of the State administrative cost) of which the FCA will receive $10,000.
Sample 1
Tax Rebates. MCA shall be entitled to charge remittance taxes, but shall be obligated to rebate to DW *** of such taxes at the end of the year in which they are withheld, and the remaining *** at the end of the following year;
Sample 1
Tax Rebates. Reporting Province program expenditures net of tax rebates: The Recipient will report all program expenditures net of any tax rebates or input tax credits. Sample Amount Recipient spent on goods/services $100.00 Amount of tax paid (example 13%) $13.00 Less amount of tax rebate claimed (where rebate equals 80%) -$10.40 Amount of tax expenditure $ 2.60 Amount reported as Province Project expenditure $102.60
Sample 1
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Tax Rebates. Universal shall be entitled to charge remittance taxes, but shall be obligated to rebate to DW *** of such taxes at the end of the year in which they are withheld, and the remaining *** at the end of the following year.
Sample 1
Tax Rebates 
Sample 1

Related to Tax Rebates

  • Tax Refunds If the Administrative Agent or Lender determines, in its sole discretion, that it has received a refund of any Taxes or Other Taxes as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this Section 3.5, it shall pay over such refund to the Borrower (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 3.5 with respect to the Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses of the Administrative Agent or such Lender and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund); provided that the Borrower, upon the request of the Administrative Agent or such Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest, or other charges imposed by the relevant Governmental Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund to such Governmental Authority. Each of the Administrative Agent and each Lender agrees to cooperate with any reasonable request made by the Borrower in respect of a claim of a refund in respect of any Taxes paid by the Borrower or by such Lender for an on account of the Borrower if (i) the Borrower has agreed in writing to pay all of the Administrative Agent’s or such Lender’s reasonable out-of-pocket costs and expenses relating to such claim, (ii) the Administrative Agent or such Lender determines, in its good faith judgment, that it would not be disadvantaged, unduly burdened or prejudiced as a result of such claim, and (iii) the Borrower furnishes, upon request of the Administrative Agent or such Lender, an opinion of tax counsel (such opinion, which can be reasoned, and such counsel to be reasonably acceptable to the Administrative Agent or such Lender) that the Borrower is likely to receive a refund or credit. This Section shall not be construed to require any Lender to make available its Tax returns (or any other information relating to its Taxes which it deems confidential) to either the Borrower or any other Person.

  • Refunds You alone are (and PayPal is not) responsible for: • Your legal and contractual obligations towards the payer for any amount you return to the payer. • Any difference between the cost to the payer of making the original payment and the value of the amount returned to the payer (for instance, as a result of transaction exchange rate fluctuations) except to the extent that the refund is an incorrect payment (see the section on Resolving Problems). See our fees for details of the fees you paid to us as the recipient of the original payment which we retain when you use the special commercial transaction refund functionality in your PayPal account, as we may allow from time to time, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • INCOME TAX RETURNS Borrower has no knowledge of any pending assessments or adjustments of its income tax payable with respect to any year.

  • Income Tax Allocations (a) Except as provided in this Section 4.3, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are allocated for Capital Account purposes under Section 4.1 and Section 4.2.

  • Rebates Premium rebates given by the Employment Insurance Commission shall be paid directly to the employees by the Employer.

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