Corporate Tax Rate definition

Corporate Tax Rate means the maximum nominal rate of

Corporate Tax Rate means 35%.

Corporate Tax Rate means the maximum nominal rate of income tax (expressed as a decimal) levied on each Rand of taxable income of companies (as defined in the Income Tax Act) at the applicable date, which rate expressed as a decimal is 0,28 (zero comma two eight) as at the Signature Date;

Examples of Corporate Tax Rate in a sentence

• During any Auction Rate Period, the Company on behalf of the Authority shall provide the Trustee and, so long as no Event of Default has occurred and is continuing and the ownership of any Auction Rate Bonds is maintained in book-entry form by the Securities Depository, the Auction Agent, with notice of any change in (a) the Statutory Corporate Tax Rate under the Indenture, (b) the Applicable Percentage, or (c) the maximum rate permitted by law on the Bonds.

• The shortfall or excess will be grossed up (without duplication for any tax detriment taken into account in calculating when the Target Internal Rate of Return was reached) for income taxes payable thereon assuming an income tax rate equal to the Corporate Tax Rate, calculated by dividing such shortfall or excess by 100% minus such income tax rate (such shortfall or excess increased by the tax gross up, the “Cash Difference”).

• This Chapter is limited in its application to Futures trading on the Corporate Tax Rate Index.

• The Corporate Tax Rate Index (the “Tax Index”) tracks the tax imposed for each taxable year by the U.S. federal government on the taxable income of corporations.

• Tax Cuts and Jobs Act, H.R. 1) lowers the Corporate Tax Rate from 35% to 21%; however, the 35% corporate tax rate is used in this report since final investment decisions for projects commission in 2017-2018 timeframe would have been made prior to the tax reform.

More Definitions of Corporate Tax Rate

Corporate Tax Rate means the highest combined marginal U.S. federal, state and local income tax rate for a U.S. corporation with an assumed average apportioned state and local income tax rate of 8%.

Corporate Tax Rate means the highest marginal corporate U.S. federal rates imposed by Section 11 of the Code and by the equivalent provisions of state and local corporate income and franchise tax law (taking into account the allocation and apportionment of Holdings’ income to each state and/or locality, to which Holdings’ income is ultimately allocated or apportioned).

Corporate Tax Rate means the highest combined federal, state and local income tax rate applicable to a corporation in any state in which the Partnership is engaged in business.

Corporate Tax Rate means as of a given date of determination, the maximum allowable U.S. federal corporate income tax rate applicable to corporations but excluding S corporations.

Corporate Tax Rate means the nominal rate of income Tax (expressed as a percentage) levied on the taxable income of companies (other than small business corporations, non-resident companies, employment companies, gold mining companies, long-term insurance companies and tax holiday companies) from time to time under the Income Tax Act;

Corporate Tax Rate means, for any Year, the lesser of (i) the effective income tax rate of the Company and its Subsidiaries for such Year or (ii) twenty (20) percent.

Corporate Tax Rate means, for distributions made with respect to a Fiscal Year, the highest federal income tax rate applicable to either Member for such Fiscal Year.