Added Taxable Value definition

Added Taxable Value is defined as the taxable value of the Eligible Property, as appraised by the Hays County Appraisal District, above the Base Year Value. The “Base Year Value” is defined as the taxable value of the Property as appraised by the Hays County Appraisal District for the tax year 2019. The “Eligible Property” is defined as the Property and all Real Property Improvements located at the Property. The “Real Property Improvements” are defined as improvements to the Property and shall include the Improvements and other structures or fixtures erected or affixed to land that are necessary and suitable for the operation of the Business on the Property, that are included in the definition of real property set forth in Section 1.04(2), Texas Tax Code as amended.
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Added Taxable Value means the value above the base year value of real property improvements and/or business personal property as appraised by the Tarrant Appraisal District. The abatement may be granted for either the real property improvements or business personal property, or both.
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Added Taxable Value is defined as the value of the Eligible Property above the Base Year Value, as determined by the Tarrant Appraisal District, on January 1 of the applicable tax year.
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Examples of Added Taxable Value in a sentence

  • Subject to the terms and conditions contained in this Agreement and subject to the Company’s compliance with this Agreement, the City shall pay the Company a Chapter 380 Reimbursement equal to the amount of increase in Added Taxable Value up to $10,000 (the “Reimbursement”).

  • An amount equal to 90% of the ad valorem taxes collected by CITY in the previous tax year for the Added Taxable Value of the OWNER’s Real Property Improvements on the Premises.

  • The amount of each grant payment shall be determined annually and shall be equal to 45% of the business personal property taxes collected by CITY, as reported by the Tarrant Appraisal District, in the previous year on the Added Taxable Value.

  • OWNER’s location of a distribution center on the Premises must result in Added Taxable Value of at least five million dollars ($5,000,000) for the tax year beginning January 1, 2015, and ten million dollars ($10,000,000) for the tax year beginning January 1, 2016, and every year thereafter.

  • OWNER’s completion of the Project must result in $3,500,000 in Added Taxable Value by the tax year beginning January 1, 2017.

  • OWNER’s completion of the Project must result in Added Taxable Value for the Real Property Improvements and Business Personal Property Improvements of at least three million dollars ($3,000,000) by the tax year beginning January 1, 2015.

  • An amount equal to 65% of the ad valorem taxes collected by CITY in the previous tax year for the Added Taxable Value of the OWNER’s furniture, fixtures and equipment located on the Premises.

  • OWNER’s location within the Premises must result in Added Taxable Value of at least Two Million Five Hundred Thousand Dollars ($2,500,000) for the tax year beginning January 1, 2012.

  • If OWNER provides documentation to the CITY substantiating that the Median Wage of the persons employed on the Premises by the OWNER exceeds the CITY’s Median Wage during any given year, then the amount of the grant payment in such year shall be equal to 55% of the business personal property taxes collected by the CITY, as reported by the Tarrant Appraisal District, in the previous year on the Added Taxable Value.


More Definitions of Added Taxable Value

Added Taxable Value is defined as the value of the OWNER’s Eligible Personal Property above the Base Year Value, as determined by the Tarrant Appraisal District.
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Added Taxable Value means the taxable value of the Eligible Property (with its existing 1- d-1 ag exemption), as appraised by the Xxxxxx Central Appraisal District, above the Base Year Value.
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Related to Added Taxable Value

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

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

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • Recovered tax increment value means, except as otherwise

  • Agreement combined tax rate means the sum of the tax rates:

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends thereafter.

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • Consolidated Tax Expense means, for any period, the tax expense of Holdings and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

  • Attributable Value means, as to a Capitalized Lease Obligation under which any Person is at the time liable and at any date as of which the amount thereof is to be determined, the capitalized amount thereof that would appear on the face of a balance sheet of such Person in accordance with GAAP.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Excluded Tax means any Tax imposed by any jurisdiction on the net income of the Note Holder;

  • Assumed Tax Rate means the highest effective marginal combined U.S. federal, state and local income tax rate for a Fiscal Year prescribed for an individual or corporate resident in New York, New York (taking into account (a) the nondeductiblity of expenses subject to the limitation described in Section 67(a) of the Code and (b) the character (e.g., long-term or short-term capital gain or ordinary or exempt income) of the applicable income, but not taking into account the deductibility of state and local income taxes for U.S. federal income tax purposes). For the avoidance of doubt, the Assumed Tax Rate will be the same for all Partners.

  • MUNICIPAL TAXABLE INCOME means the following:

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

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

  • Consolidated Taxes means, with respect to any Person for any period, the provision for taxes based on income, profits or capital, including, without limitation, state, franchise, property and similar taxes, foreign withholding taxes (including penalties and interest related to such taxes or arising from tax examinations) and any Tax Distributions taken into account in calculating Consolidated Net Income.

  • Taxable Equivalent of the Short-Term Municipal Bond Rate on any date means 90% of the quotient of (A) the per annum rate expressed on an interest equivalent basis equal to the Kenny S&P 30-day High Grade Index (the "Kenny Index") or any successor index, made available for the Business Day immediately preceding such date but in any event not later than 8:30 A.M., New York City time, on such date by Kenny Information Systems Inc. or any successor thereto, based upon 30-day yield evaluations at par of bonds the interest on which is excludable for regular Federal income tax purposes under the Code of "high grade" component issuers selected by Kenny Information Systems Inc. or any such successor from time to time in its discretion, which component issuers shall include, without limitation, issuers of general obligation bonds but shall exclude any bonds the interest on which constitutes an item of tax preference under Section 57(a)(5) of the Code, or successor provisions, for purposes of the "alternative minimum tax," divided by (B) 1.00 minus the Marginal Tax Rate (expressed as a decimal); provided, however, that if the Kenny Index is not made so available by 8:30 A.M., New York City time, on such date by Kenny Information Systems Inc. or any successor, the Taxable Equivalent of the Short-Term Municipal Bond Rate shall mean the quotient of (A) the per annum rate expressed on an interest equivalent basis equal to the most recent Kenny Index so made available for any preceding Business Day, divided by (B) 1.00 minus the Marginal Tax Rate (expressed as a decimal). The Corporation may not utilize a successor index to the Kenny Index unless Moody's and S&P provide the Corporation with written confirmation that the use of such successor index will not adversely affect the then-current respective Moody's and S&P ratings of the AMPS.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in the taxable territory where he has no fixed place of business;

  • Final Tax Amount has the meaning set forth in Section 4.01(b)(ii).

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Added value means that the Contractor performs subcontract management functions that the Contracting Officer determines are a benefit to the Government (e.g., processing orders of parts or services, maintaining inventory, reducing delivery lead times, managing multiple sources for contract requirements, coordinating deliveries, performing quality assurance functions).

  • Available Tax Increment means the Gross Tax Increment received by the City from Hennepin County during the period preceding each semi-annual Payment Date, less (i) the amount of tax increment, if any, which the City must pay to the school district, the county and the state pursuant to Minnesota Statutes, Sections 469.177, Subds. 9 and 11; 469.176, Subd. 4h; and 469.175, Subd. 1a, as the same may be amended from time to time, (ii) actual administrative costs of the City in an amount not to exceed 10% of Gross Tax Increment.