Entity Tax definition

Entity Tax has the meaning set forth in Section 9.03(e).
Sample 1Sample 2
Entity Tax means a tax that an electing pass-through entity elects to pay under [sections 1
Sample 1
Entity Tax. As defined in Section 16.12(f).
Sample 1

Examples of Entity Tax in a sentence

  • Vendor designates that payment by JAC under this Due Process Contract shall be made to: Name (Vendor or Legal Entity) Tax Identification Number * Federal Tax I.D. Social Security Number * A DFS SUBSTITUTE FORM W-9 FOR THE PAYEE MUST BE ON FILE WITH DFS.

  • Consultant certifies that it is doing business as a(n) (please circle the applicable entity): Individual Sole Proprietorship Partnership Corporation Not for Profit Corporation Medical and Health Care Services Provider Corporation Real Estate Agent Government Entity Tax Exempt Organization (IRC 501(a) only) Trust or Estate Certified / Dated this _____________ day of ____________________________, 2018.

  • The operation of the LLC shall be governed by the terms of this Agreement and the provisions of the Arkansas Small Business Entity Tax Pass Through Act (Arkansas Code, Title 4, Subtitle 3, Chapter 32) hereinafter referred to as the "Act".

  • Effective (Month Day, Year), the Members form a limited liability company under the name (Company Name), L.L.C. (the "Company") on the terms and conditions in this Operating Agreement (the "Agreement") and pursuant to the Small Business Entity Tax Pass Through Act (State Law) of the State of Arkansas (the "Act").

  • Title: Organization Information Organization Name: National Alliance For Filipino Concerns Organization Type: Non-Profit Entity Tax ID 00-0000000 Organization Address: 0000 X Xxxxx Xxx.

  • The Members have formed a limited liability company (“Company”) under the Small Business Entity Tax Pass Through Act (currently Ark.

  • Transfers of the Beneficial Interest may be made between the Transferor and any other Person who is an Affiliate of the Transferor (a “Permitted Affiliate Transferee”) only upon delivery to the Master Trust Trustee and the Owner Trustee of a Master Trust Tax Opinion and an Issuing Entity Tax Opinion, respectively, with respect to such transfer.

  • Any purported transfer by the Beneficiary of all or any part of its right, title and interest in and to the Beneficial Interest to any Person will be effective only upon the issuance of a Master Trust Tax Opinion and an Issuing Entity Tax Opinion (each as defined in the Indenture), which will not be an expense of the Owner Trustee and the satisfaction of any additional conditions to the designation of an Additional Transferor provided in Section 2.07 of the Transfer and Servicing Agreement.

  • Effective ___________________ (Month Day, Year), the Members form a limited liability company under the name ___________________ (Company Name), L.L.C. ___________________ (the "Company") on the terms and conditions in this Operating Agreement (the "Agreement") and pursuant to the Small Business Entity Tax Pass Through Act (State Law) of the State of Arkansas (the "Act").

  • PURCHASER: [If Interested Purchaser is an entity]: Entity Name: A Entity Tax ID: By: _ Printed Name: As its: [If Interested Purchaser is an individual.


More Definitions of Entity Tax

Entity Tax means any Tax with respect to which the Company or any of the Company’s Subsidiaries is subject to tax. For the avoidance of doubt, any Tax for which holders of equity interests in the Company are liable in their separate or individual capacities shall not be an Entity Tax.
Sample 1

Related to Entity Tax

  • Property Tax means the general property tax due and paid as set

  • input tax , in relation to a vendor, means—

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Base Tax Year means the property tax levy year used

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Real Property Tax As used herein, the term "real property tax" shall include any form of real estate tax or assessment, general, special, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed on the Premises by any authority having the direct or indirect power to tax, including any city, state or federal government, or any school, agricultural, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the Premises or in the real property of which the Premises are a part, as against Lessor's right to rent or other income therefrom, and as against Lessor's business of leasing the Premises. The term "real property tax" shall also include any tax, fee, levy, assessment or charge (i) in substitution of, partially or totally, any tax, fee, levy, assessment or charge hereinabove included within the definition of "real property tax," or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a transfer, either partial or total, of Lessor's interest in the Premises or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such transfer, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.

  • Agreement combined tax rate means the sum of the tax rates:

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Taxable means either:

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

  • Tax Detriment means an increase in the Tax liability (or reduction in refund or credit or any item of deduction or expense) of a Taxpayer for any taxable period. Except as otherwise provided in this Agreement, a Tax Detriment shall be deemed to have been realized or incurred from a Tax Item in a taxable period only if and to the extent that the Tax liability of the Taxpayer for such period, after taking into account the effect of the Tax Item on the Tax liability of such Taxpayer in the current period and all prior periods, is more than it would have been had such Tax liability been determined without regard to such Tax Item.

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.

  • Straddle Tax Period means any taxable period beginning on or before and ending after the Closing Date.

  • 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.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • MUNICIPAL TAXABLE INCOME means the following:

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

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

  • Input Tax Credit means the credit of input tax;

  • Taxation means all forms of taxation, duties, rates, levies, contributions, withholdings, deductions, liabilities to account, charges and imposts whether imposed in the United Kingdom or elsewhere in the world;

  • Property tax increment means the amount obtained by:

  • Indemnified Tax means (a) any Tax, other than an Excluded Tax, imposed on or with respect to any payment made by or on account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.