Annual Tax Liability definition

Annual Tax Liability has the meaning set forth in Section 5.2(c).

Annual Tax Liability means the amount that is equal to (y) the product of (i) the Assumed Tax Rate and (ii) the net taxable income, including income from the application of Section 704(c) but excluding any gain, loss or deduction resulting from the application of Section 743 or Section 754 of the Code allocated to such Member (or its successor-in-interest) with respect to its Common Units for such Allocation Year. To assist the Common Members with any quarterly estimated tax payments that they might owe, the Company agrees to make commercially reasonable efforts to make quarterly estimates of any annual Tax Liability Distribution that the Company estimates would be owed to the Members, with such estimates being trued up in connection with the payment of the annual Tax Liability Distribution.

Annual Tax Liability means an amount equal to the aggregate, annual tax liabilities of the stockholder(s)/member(s) of the Borrower, arising on account of or in connection with said stockholder(s)’s/member(s)’ ownership interests in the Borrower.

Examples of Annual Tax Liability in a sentence

• To the extent that Net Cash Receipts are available for distribution pursuant to this Section 8.1(c), the Company shall distribute Net Cash Receipts pursuant to this Section 8.1(c) on a quarterly basis in an amount sufficient to distribute to each Member pursuant to this Section 8.1(c) not less than twenty-five percent (25%) of such Member’s Annual Tax Liability for the immediately preceding fiscal year.

• Annual Tax Liability Less Than $5 If a seller’s liability for the local food and beverage tax is less than $5 for the taxable year, that seller is exempt from that tax for that year (i.e., the exemp- tion applies to persons with less than $1,000 of sales subject to the local food and beverage tax).

• Additional Direct or Special Assessments may apply if developed.1st Installment Due 11/01/2018 $204.122nd Installment Due 02/01/2019 $204.11 Total Annual Tax Liability $408.23General Ad Valorem Taxes Direct and/or Special Assessments B.

• Five years’ data transactions on transfer pricing policies in terms of its influence on the Organizations’ Business Growths (OBG) which is the dependent variable (regressed) and the Annual Tax Rate (Txr), Annual Profit Rate (Pfr) and Annual Tax Liability (Txl) which are the independent variables (regressors) are used.

• If the amount referenced in the foregoing sentence is negative, the Annual Tax Liability Amount shall be $0 for such Fiscal Year.

More Definitions of Annual Tax Liability

Annual Tax Liability means, for any Fiscal Year, an amount equal to:

Annual Tax Liability means a total tax liability of

Annual Tax Liability means a total tax liability of $100,000.00 or more in the preceding calendar year or a reasonable anticipation of a total tax liability of

Annual Tax Liability means a total tax liability of in the preceding calendar or a reasonable anticipation of a total tax liability in the current year as follows:

Annual Tax Liability means a total tax liability of $100,000.00 or more in the

Annual Tax Liability means a total tax liability of $100,000.00 or more in the preceding calendar year or a reasonable anticipa- tion of a total tax liability of $100,000.00 or more in the current year as follows:

Annual Tax Liability means the amount that is equal to (y) the product of (i) the Applicable Tax Rate and (ii) the net taxable income allocated to, or otherwise includable in the taxable income of, such Member with respect to the Company, including any gain, loss or deduction resulting from the application of Code Section 704(c), Code Section 743, or Code Section 754 allocated to such Member (or its successor-in-interest) for such Taxable Year but excluding any so-called guaranteed payments to such Member pursuant to Code Section 707 for the provision of services.