Taxable Income Sample Clauses

Taxable Income. Any determination or decision to be made in connection with the taxable income or taxable loss, if any, of the Limited Partnership for the Fiscal Year, shall be made by the General Partner.
AutoNDA by SimpleDocs
Taxable Income. Participant may file an election for immediate Federal income taxation pursuant to Section 83(b) of the Internal Revenue Code. In the event that Participant makes an election pursuant to Section 83(b) of the Code, Participant agrees to notify the Company thereof in writing within ten (10) days after such election; any necessary withholding at the time of an 83(b) election must not be made from Vested Shares, but must be a cash withholding, from either wages or a separate payment. THE FEDERAL INCOME TAX CONSEQUENCES DESCRIBED ABOVE ARE FOR GENERAL INFORMATION ONLY. EACH PARTICIPANT SHOULD CONSULT A TAX ADVISOR AS TO THE SPECIFIC FEDERAL INCOME TAX CONSEQUENCES AND AS TO THE SPECIFIC CONSEQUENCES UNDER STATE, LOCAL AND FOREIGN TAX LAWS.
Taxable Income. Any Benefit Dollars not applied to one of the benefit options described above will be paid to the employee as taxable income.
Taxable Income. As the details of the Student’s personal financial situation are fact-dependent, it is recommended that the Student address inquiries related to the tax implications of his or her financial aid to his or her university aid office and/or a tax professional.
Taxable Income. For purposes of this Agreement, "Covanta's Taxable Income" shall be Covanta's taxable income computed in accordance with Regulation Section 1.1552-1(a)(1)(ii) (and shall not be negative), except that the following modifications will apply: (i) Covanta's Taxable Income shall be computed in accordance with Regulation Section 1.1552-1(a)(1)(ii), assuming Covanta's separate taxable income is the amount that would be shown on the consolidated return for the Covanta Subgroup, had Covanta filed such return as the common parent corporation of the Covanta Subgroup; (ii) for purposes of applying Regulation Section 1.1552-1(a)(1)(ii)(a), for each Taxable Year (beginning the day after the Closing Date), (A) the portion of the consolidated net operating loss deduction attributable to Covanta shall be deemed to be increased by the Adjustment Amount (as defined below) and (B) the net operating loss deduction attributable to other members of the Affiliated Group shall be accordingly reduced;
Taxable Income. The City is required to issue a federal tax form 1099-G to recipients of grants in excess of $600 whether paid directly to the grant recipient or to a third-party pursuant to authorization from the recipient. It is the grant recipient’s responsibility to consult with their tax professional regarding the 1099-G issued by the City and any associated tax consequences.
Taxable Income. Any Benefit Dollars not applied to one of the benefit options described above will be paid to the Teacher as taxable income.‌‌‌
AutoNDA by SimpleDocs
Taxable Income. 24 Taxes ..................................................................................... 24
Taxable Income. ASB/HEI makes no representation as to whether or not any payments received by Executive hereunder will be treated as includible in or excludable from gross income for purposes of any tax. Executive agrees to defend and indemnify ASB/HEI from any tax liability or penalties assessed for Executive’s nonpayment of taxes on the consideration stated above.
Taxable Income. Any Financial Assistance received by the Property Owner may be considered taxable income for federal or state purposes. The Property Owner should consult a tax advisor such as an accountant or an attorney for advice regarding potential tax consequences.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!