Entity income definition

Entity income for an ESBT means the ESBT’s distributive share of net income of an S corporation taxable pursuant to the Code § 641(c), and apportioned to Maine in accordance with 36 M.R.S., Chapter 821. If an ESBT holds stock in more than one S corporation, the entity income of each stock holding must be determined separately for purposes of this rule.
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Examples of Entity income in a sentence

  • At the same time, this would facilitate synergies and complementarities between different forms of Union financing for the measures of the plan.

  • The total ERO statutory funding requirement for 2020 net of other NERC and Regional Entity income sources, to be funded by assessments is $188,723,535, consisting of $72,011,373 for funding of NERC’s programs and $116,712,162 for funding of Regional Entity statutory activities and the WIRAB.

  • The Financial Services Agreement will be effective from 1 January 2014.

  • The total ERO statutory funding requirement for 2017, net of other NERC and Regional Entity income sources, to be funded by assessments is $170,907,780 consisting of $59,856,314 for funding of NERC’s programs and $111,051,466 for funding of Regional Entity statutory activities and the WIRAB.

  • The Company’s share of the net profit or loss of the associate is recognised in the Economic Entity income statement.

  • The Economic Entity’s share of the net profit or loss of the associate is recognised in the Economic Entity income statement.

  • During the audit, the auditor may inspect records or documents that may provide information about related party relationships and transactions, for example: □ Entity income tax returns.

  • This SPDS details the specifics relating to investment in Units in the Class for the GT Momentum Portfolio.At the discretion of the Responsible Entity, income (if any) of the Fund will be distributed yearly as at 30 June each year to all Unitholders pro rata to the Units on issue and, to the extent permitted by the Constitution, by reference to the Class.Distributions are required to be reinvested in Units in this Class but will not incur any entry fee (and there is no buy/sell spread).

  • The total ERO statutory funding requirement for 2023 net of other NERC and Regional Entity income sources, to be funded by assessments, is $214,122,945, consisting of $87,074,681 for funding of NERC’s programs and $127,048,264 for funding of Regional Entity statutory activities and the WIRAB.

  • The total ERO statutory funding requirement for 2016, net of other NERC and Regional Entity income sources, to be funded by assessments is $166,508,186 consisting of $57,081,445 for funding of NERC’s programs and $109,426,741 for funding of Regional Entity statutory activities and the WIRAB.

Related to Entity income

  • Family income means all income that is included in a determination of family income under section 143(f) of the internal revenue code, 26 USC 143(f), together with the income of all adults who will reside in the residence, which income might otherwise be excluded from consideration because the individual was not expected to both live in the residence and be primarily or secondarily liable on the mortgage note.

  • Program Income means gross in- come earned by the recipient that is di- rectly generated by a supported activ- ity or earned as a result of the award (see exclusions in § 215.24(e) and (h)). Program income includes, but is not limited to, income from fees for serv- ices performed, the use or rental of real or personal property acquired under federally-funded projects, the sale of commodities or items fabricated under an award, license fees and royalties on patents and copyrights, and interest on loans made with award funds. Interest earned on advances of Federal funds is not program income. Except as other- wise provided in Federal awarding agency regulations or the terms and conditions of the award, program in- come does not include the receipt of principal on loans, rebates, credits, dis- counts, etc., or interest earned on any of them.

  • Annual income means all amounts, monetary or not, which:

  • Property Income means cash rents (excluding non-cash straight-line rent) and other cash revenues received by the Borrower or a Guarantor in the ordinary course for any Property, but excluding security deposits and prepaid rent except to the extent applied in satisfaction of tenants’ obligations for rent.

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

  • Household income means the combined income of the members

  • Qualifying Income Gross income that is described in Section 856(c)(2) or 856(c)(3) of the Code.

  • REO Income all REO Income received from the Special Servicer;

  • Uniform business entity application means the current version of the NAIC Uniform Business Entity Application for resident and nonresident business entities.

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Qualified health plan means a health benefit plan that has in effect a certification that the plan

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Company receives from portfolio companies) accrued during the calendar quarter, minus the Company’s operating expenses for the quarter (including the base management fee, expenses payable under the administration agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the incentive fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Company has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Other Income means money received by a licensed manager from sources other than over the counter and machine sales.

  • Exempt income means all of the following:

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Nonbusiness income means all income other than business income.

  • Historically Disadvantaged Individual (HDI) - means a South African citizen:

  • Lower income household means a household having an income equal to or less than the

  • Nonqualifying Income means any amount that is treated as gross income for purposes of Section 856 of the Code and which is not Qualifying Income.

  • Historically disadvantaged individuals (HDIs means all South African citizens –

  • Moderate income means more than 50 percent but less than 80

  • legal entity identifier means a unique identification code assigned to the person