Accumulated earnings definition

Accumulated earnings in this Section refers to base earnings, plus overtime pay, shift allowances, etc. The appropriate percentages determined by vacation entitlement are as follows: • 4% of accumulated wages if entitlement is 10 working days or less annually; • 6% of base earnings or adjusted earnings to date if entitlement is 15 working days annually; • 8% of base earnings or adjusted earnings to date if entitlement is 20 working days annually; • 10% of base earnings or adjusted earnings to date if entitlement is 25 working days annually plus any vacation bonus; • 12% of base earnings or adjusted earnings to date if entitlement is 30 working days annually plus any vacation bonus. If the reason for termination is the death of an employee, the payment will be made to the estate or beneficiary. For calculation purposes, the termination date is the employee's last day of work. The employee is removed from payroll on this date. In cases where the termination is due to causes other than death, the termination date must not be extended to permit use of outstanding vacation credits or lieu days which are paid for in cash on termination.

Accumulated earnings. For a Participant, his or her Account Value in excess of Purchase Payments received by us that have not been returned.

Accumulated earnings in this Section refers to base earnings, plus overtime pay, shift allowances, etc. The appropriate percentages determined by vacation entitlement are as follows: 4% of accumulated wages if entitlement is 10 working days or less annually;

Examples of Accumulated earnings in a sentence

• Tier 1 = Capital + Legal and other capital reserves + Accumulated earnings with capitalization agreement + (0.5 x Unrealized profit and net income in subsidiaries) - Goodwill - (0.5 x Investment in subsidiaries) + Perpetual subordinated debt (maximum amount that can be included is 17.65% of Capital + Reserves + Accumulated earnings with capitalization agreement + Unrealized profit and net income in subsidiaries - Goodwill).

• Accumulated earnings and personal holding company taxes Taxes at a rate of 20 percent (the top rate generally applicable to dividend income of individuals) may be imposed upon the accumulated earnings or personal holding company income of a corporation.

• Tier 1 = Capital + Legal and other capital reserves + Accumulated earnings with capitalization agreement + Unrealized profit and net income in subsidiaries - Goodwill - (0.5 x Investment in subsidiaries) + Perpetual subordinated debt (maximum amount that can be included is 17.65% of Capital + Reserves + Accumulated earnings with capitalization agreement + Unrealized profit and net income in subsidiaries - Goodwill).

• Investments reported on the equity basis should include the investor's share of earnings in item 58100 (Equity in unconsolidated affiliates) with the corresponding adjustment to the investment account in item 14200 (Accumulated earnings).

• Accumulated earnings and personal holding company taxes Taxes at a rate of 15 percent (the top rate generally applicable to dividend income of individuals) may be imposed upon the accumulated earnings or personal holding company income of a corporation.

• Accumulated earnings and personal holding company taxes Taxes at a rate of 20 percent (the top rate generally applicable to dividend income of individuals) may be imposed on the accumulated earnings or personal holding company income of a corporation.

• Accumulated earnings The amounts booked for revaluation of land and intangible assets and other adjustments of the first adoption of IFRS are included in accumulated earnings and are subject to restrictions on their distribution as they first have to be booked as realized, through the use or sale, as established in IAS 16 and Circular 456 of June 20, 2008 of the SVS.

• Accumulated earnings The amounts booked for revaluation of land and intangible assets and other adjustments of the first adoption are included in accumulated earnings and are subject to restrictions on their distribution as they first have to be booked as realized, through the use or sale, as established in IAS 16 and Circular 456 of June 20, 2008 of the SVS.

• Where this is the case, taxpayers should provide the following statement in Table 3: "Accumulated earnings include negative figures for jurisdiction [--]".

• Accumulated earnings tax and personal holding company tax The accumulated earnings tax and the personal holding company tax are repealed, for taxable years beginning after December 31, 2002, except that any deficiency dividend or dividend paid on or before the 15th day of the third month after the close of the taxable year which is taken into account in computing the tax for a taxable year beginning before that date may be made.

More Definitions of Accumulated earnings

Accumulated earnings in this Section refers to base earnings, plus overtime pay, shift allowances, etc. The appropriate percentage determined by vacation entitlement are as follows: of accumulated wages if entitlement is working days or less annually; of base earnings or adjusted earnings entitlement is working days annually; of base earnings or adjusted earnings entitlement is working days annually; to date if to date if of base earnings or adjusted earnings to date if entitlement is working days annually plus any vacation bonus; of base earnings or adjusted earnings to date if entitlement is working days annually plus any vacation bonus. If the reason for termination is the death of an employee, the payment will be made to the estate or beneficiary. For calculation purposes, the termination date is the employee’s last day of work. The employee is removed from payroll on this date. In cases where the termination is due to causes other than death, the termination date must not be extended to permit use of outstanding vacation credits or lieu days which are paid for in cash on termination. STATUTORY HOLIDAYS AND FLOATING HOLIDAYS The following days are by the Corporation as Statutory Holidays: New Year’s Day Day Good Friday Boxing Day Victoria Day Labour Day Canada Day Thanksgiving Day Civic Holiday Easter Monday If a Statutory Holiday falls on a day when an employee is off on sick leave, pay is not charged against sick leave credits for that day. A Statutory Holiday falling within an employee’s vacation period is not counted as part of the vacation, but is taken as an extra day of holiday. Payment for statutory holidays will be on the basis of hours of work per day. time for the When Canada Day falls on a Saturday or Sunday, it shall be observed on thefollowing Monday. When Christmas falls on a Friday and Boxing Day on Saturday, a half holiday will be granted on the preceding Thursday. The days of observance will not be moved. When Christmas falls on a Saturday and Boxing Day on a Sunday, a half holiday will be granted on the preceding Friday. Christmas will be observed on Saturday. Boxing day will be observed on Monday. If Christmas Day falls on a Sunday, it shall be observed on Monday and Boxing Day on Tuesday. When Christmas Day falls on a Tuesday, Boxing Day shall be observed on Monday. When Christmas falls on a Wednesday and Boxing Day falls on Thursday, the Friday following Boxing Day will be granted as an additional holiday. The days of observance will not be moved. Whe...

Accumulated earnings in this Section refers to base earnings, plus overtime pay, shift allowances, etc. The appropriate percentages determined by vacation entitlement are as follows: 4% of accumulated wages if entitlement is 10 working days or less annually; 6% of base earnings or adjusted earnings to date if entitlement is 15 working days annually; 8% of base earnings or adjusted earnings to date if entitlement is 20 working days annually; 10% of base earnings or adjusted earnings to date if entitlement is 25 working days annually plus any vacation bonus; 12% of base earnings or adjusted earnings to date if entitlement is 30 working days annually plus any vacation bonus. If the reason for termination is the death of an employee, the payment will be made to the estate or beneficiary. For calculation purposes, the termination date is the employee's last day of work. The employee is removed from payroll on this date. In cases where the termination is due to causes other than death, the termination date must not be extended to permit use of outstanding vacation credits or lieu days which are paid for in cash on termination.

Accumulated earnings in this Section refers to base earnings, plus overtime pay, shift allowances, etc. • If an employee terminates between July 1, and December 31, he/she receives the following:

Accumulated earnings means the accrued income entitlement or income deficiency of the Unit Holder in relation to each Unit as determined in accordance with the provisions of Clause 15 hereof and not withdrawn pursuant to Clause 15(5) hereof but after deducting the fee payable pursuant to Clause 28(4) hereof or rule 9.1 of the schedule to this Trust Deed and any financial institutions duty or other imposts payable in respect of the application for or issue of the Unit.