Commerce tax definition

Commerce tax means the tax required to be paid pursuant to sections 2 to 61, inclusive, of Senate Bill No. 483, chapter 487, Statutes of Nevada 2015, at page 2878.
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Examples of Commerce tax in a sentence

  • EffectiveMarch 2014, the chamber developed a doing-business-as (DBA) under the Southern Monmouth Chamber of Commerce tax ID and now operates as the Jersey Shore Chamber of Commerce.

  • On the revenue side, a new gasoline tax was introduced, rates were increased (mainly for the Industry and Commerce tax –ICA), and tax bases were expanded (for property and vehicle taxes)—these resulted in a significant increase in the city’s revenue.

  • Three taxpayers submitted comments that when calculating the Commerce tax liability using GAAP this creates a conflict when the business is told to use the same accounting method for federal income tax purposes.

  • A Chamber of Commerce tax (TCC) of 300 CFA francs is collected on every ton imported through the PAL, together with a toll of 200 CFA francs.

  • The Chamber of Commerce tax (TCC) and the toll on sea cargo are levied on each ton imported as it enters the Autonomous Port of Lomé.

  • The Industry and Commerce tax can be chosen to be used as a tax deduction, and the 50% effectively paid.

  • The report contains sections on benefits to agriculture, the gasohol tax exemption, basic ethanol production, appendices on Louisiana ethanol plants, Department of Commerce tax packages, Department of Revenue materials, federal alcohol fuel requirements, a bibliography, and a glossary.

  • One taxpayer requested to clarify if a business sells a building, and buys another building, is Commerce tax due on the sale of the building sold.

  • The Industry and Commerce tax can be chosen to be used as a tax deduction, and the 50% effectively paid .Wealth taxA 3-year estate tax is created for nationals or foreigners, or foreign companies, who own wealth, in the country, of more than 5,000 million, as of January 1, 2019.

  • Hollander had examined and rejected forms of taxation used under Spanish rule, which rested principally on customs duties, a consumption tax, a license tax that he denominated the Industry and Commerce tax, and a territorial tax.279 He had noted that the customs and consumption tax were regressive, to the extent that essential staples and foodstuff had hit the poor the hardest.

Related to Commerce tax

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

  • State Income Tax means any Tax imposed by any State of the United States (or by any political subdivision of any such State) or the District of Columbia, or any city or municipality located therein, which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Regional economic integration organization means an organization constituted by sovereign States of a given region to which its member States have transferred competence in respect of matters governed by this Convention and which has been duly authorized, in accordance with its internal procedures, to sign, ratify, accept, approve or accede to this Convention;

  • Goods and Services Tax or “GST” means the goods and services tax chargeable under the Goods and Services Tax Act (Cap. 117A);

  • Income Tax means all U.S. federal, state, local and foreign income, franchise or similar Taxes imposed on (or measured by) net income or net profits, and any interest, penalties, additions to Tax or additional amounts in respect of the foregoing.

  • Tax Ordinance means the Israeli Income Tax Ordinance [New Version], 1961, as amended.

  • Tax Act means the Income Tax Act (Canada);