Current tax rate definition

Current tax rate means the actual levied ad valorem property tax rate of the state and of each taxing jurisdiction which is applicable to all property of the same class as a board's property subject to taxation for the tax year involved.
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Examples of Current tax rate in a sentence

  • Current tax rate is considered on the calculation of deferred tax asset.Deferred tax liability is presented in the financial statements for all taxable or deductible provisional differences but deferred tax asset is presented in the financial statements provided that there are taxable profits are possible from which the deductible provisional differences can be set off.

  • Current tax rate is 35% assuming annual income of over $388,350 for a married couple.

  • TAX Current tax rate, %22.022.0Non-deductible costs, %(0.0)(0.0)Effective tax rate, %22.022.0NOTES DKK million 30.06.2017 31.12.2016 10.

  • Furthermore, venues will pay a progressive annual licence fee of between $1 000 and $2 500 per EGM.18‌ Victoria Table 5-11 Current tax rate on gaming machines in clubs – Victoria Average Monthly Revenue per MachineTax Rate$0 - $2,6660.0%$2,667 - $12,50046.7%>$12,50054.2%Source: Victorian Commission for Gambling and Liquor Regulation (2021) EGM Tax.

  • Queensland Table 5-9 Current tax rate on gaming machines in clubs – Queensland Monthly Metered WinTax RateUp to $9,5000.0%$9,501 - $75,00017.91%$75,001 - $150,00020.91%$150,001 - $300,00023.91%$300,001 - $850,00025.91%$850,001 - $1.4 million30.91%>$1.4 million35.00%Source: Queensland Office of Liquor and Gaming Regulation (2021) Gaming licence fees and charges 2021–2022.

  • Victoria‌ Table 5-16 Current tax rate on gaming machines in hotels – Victoria Average Monthly Revenue per MachineTax Rate$0 - $2,6668.33%$2,667 - $12,50055.03%>$12,50062.53%Source: Victorian Commission for Gambling and Liquor Regulation (2021) EGM Tax.

  • Table 3 outlines the current tax rates and the ceiling rates: Table 3: Hotel Accommodation Tax for overnight stay in hotels for the Nicosia Municipality Categories No. of hotels(2017) Current tax rate (2017)As it has already been mentioned, green taxation is one important tool towards local sustainability and the first step for the development of a revolving fund (Figure 2).

  • The jury could reasonably believe that Conner intended to sell the crack cocaine and that he retained control over the drugs because he was the only one that knew where they were hidden.

  • TOV Resident (Moriah Fire District) With AIMWithout AIMCurrent Tax:$1,029.00$1,029.00Savings or Increase if the Village Dissolves:($ 2.08)$ 161.29Projected Tax:$1,026.92$1,190.29Percentage Change in Tax:-0.2%+15.7% Note: Current tax rate per $1,000 assessed valuation is $10.29.

  • Appellate Body Report, US – Stainless Steel (Mexico), paras 154 – 162, in particular para.

Related to Current tax rate

  • Effective tax rate means the rate that will produce last year’s total tax levy (adjusted) from this year’s total taxable values (adjusted). “Adjusted” means lost values are not included in the calculation of last year’s taxes and new values are not included in this year’s taxable values.

  • 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.

  • Effective State average tax rate means the average of effective county tax rates for all counties.

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

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Consolidated Income Tax Expense means, for any period, all provisions for taxes based on the gross or net income of Borrower (including, without limitation, any additions to such taxes, and any penalties and interest with respect thereto), and all franchise taxes of Borrower, as determined on a Consolidated basis and in accordance with GAAP.

  • Adjusted Net Income ’ means net income adjusted for non-cash expenses (income) such as amortization of intangible assets, deferred income taxes, and certain other expenses (income). The Company believes that Adjusted net income is useful supplemental information as it provides an indication of the results generated by the Company’s main business activities prior to taking into consideration amortization of intangible assets, deferred income taxes, and certain other non-cash expenses (income) incurred or recognized by the Company from time to time. ‘‘Adjusted net income margin’’ refers to the percentage that Adjusted net income for any period represents as a portion of total revenue for that period.

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.