A&P Tax definition

A&P Tax means the gross receipts tax levied by the City pursuant to Act 185 of 1965 and as subsequently amended.
Sample 1Sample 2Sample 3
A&P Tax means the advertising and promotion tax levied pursuant to Section 17-16 of the Searcy Code or Ordinances. Sec. 17-17-2. Administration and regulations. The administration of A&P Tax is vested in the Commission and the Commission shall promulgate rules and regulations and prescribe all forms to the Mayor of the City of Searcy as are necessary or required for the enforcement and collection of the A&P tax.Sec. 17-17-3. Permits. (a) It shall be unlawful for any person subject to the A&P tax to transact business within the city prior to the issuance and receipt of an A&P tax permit from the Commission. (b) A separate A&P tax permit must be obtained from the Commission for each location at which the person conducts a business which is subject to the A&P tax. (c) An A&P tax permit shall have no stated term. Sec. 17-17-4. Application for permit. Any person subject to the A&P tax transacting business in the city shall file with the Commission through City Hall an application for an A&P tax permit to conduct that business, the form and contents of which application shall be as prescribed by the Commission from time to time. Sec. 17-17-5. Permits not assignable, display required and expiration. (a) The A&P tax permit shall not be assignable and shall be valid only for the person in whose name it is issued and for the location thereon designated. (b) The A&P tax permit shall at all times be conspicuously displayed at the location thereon designated. (c) The A&P tax permit shall expire at the time of cessation of the business of the person at the location designated thereon.
Sample 1Sample 2
A&P Tax means the gross receipts tax or gross proceeds tax levied by Ordinance No. 1692, as amended from time to time.
Sample 1

Examples of A&P Tax in a sentence

  • A.P. Tax on Professional, Trades Calling and Employment, 1987 and the rules made thereunder as applicable.

  • Preparation of returns - payment of A&P Tax and Discount for Prompt Payment.

  • If YES, please list all locations, names, addresses and A&P Tax Permit numbers on a separate schedule.

  • Where the assessment of the A&P Tax has been made within the period of limitation properly applicable thereto, the A&P Tax may be collected by levy or proceedings in court, but only if the levy is made or the proceeding is begun within ten (10) years after the date of the assessment of the tax.

  • The Commission may waive or remit the interest or penalty, or any potion thereof ordinarily accruing because of a Taxpayer’s failure to pay the A&P Tax within the statutory period allowed for its payment.

  • Following the required monthly transfers described below, any moneys remaining in the A&P Tax No. 1 Account and the A&P Tax No. 2 Account may be used for any lawful purpose permitted by the A&P Act as determined by the Commission.

  • Any person subject to the A&P Tax who is transacting business within the City without a valid A&P Tax Permit shall be guilty of a violation which shall be punishable by up to a five hundred dollar ($500) fine.

  • In the event there shall be insufficient moneys in the A&P Tax No. 2 Account and the A&P Tax No. 1 Account of the Revenue Fund in a particular month to make the required transfers set forth below, any deficiencies shall be added to required deposits during the subsequent month.

  • If the return is delivered on or before the Discount Date or the twentieth (20th) day of the calendar month following the month the tax is imposed on gross receipts, the taxpayer may remit therewith to the Commission ninety-eight percent (98%) of the A&P Tax due on or before the Discount Date.

  • If a Taxpayer has a delinquent A&P Tax liability to the Commission of less than one thousand dollars ($1,000), the Commission or its hearing officer may enter into an agreement with the Taxpayer to allow the Taxpayer to pay the delinquency in installments.

Related to A&P Tax

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

  • 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.

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • Value Added Taxes means such sum as shall be levied upon amounts payable to the Consultant under this Contract by any Governmental Authority that is computed as a percentage of the amounts payable to the Consultant (including all other Taxes but excluding Value Added Taxes), and includes the HST, and any similar tax, the payment or collection of which, by the legislation imposing such tax, is an obligation of the Consultant.

  • 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.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.