Federal Excise Tax has the meaning set forth in Section 7.2.
Federal Excise Tax means all excise taxes paid to the government of the United States under section 4071 of Title 26 of the Internal Revenue Code imposed upon heavy duty truck manufacturers, producers, or importers.
Federal Excise Tax. The value of health care benefits (which includes the collective value of medical, pharmacy, health care flexible spending account contributions, employee assistance plans, and discounted services provided through on-site clinics) negotiated in this Agreement shall not exceed the value set by federal law which triggers the assessment of the 40 percent excise tax on high value plans
Examples of Federal Excise Tax in a sentence
The City will furnish a Federal Excise Tax Exemption certificate, if required.
Purchases made for State of Texas use are exempt from the State Sales Tax and Federal Excise Tax.
MHTC is exempt from paying Missouri Sales Tax, Missouri Use Tax and Federal Excise Tax.
The County is exempt from Federal Excise Tax and should not be included in your bid.
Pursuant to Va. Code § 58.1-609.1, the County is exempt from Virginia State Sales or Use Taxes and Federal Excise Tax, therefore the Contractor shall not charge the County for Virginia State Sales or Use Taxes or Federal Excise Tax on the finished goods or products provided under the Contract.
More Definitions of Federal Excise Tax
Federal Excise Tax means all excise taxes paid to the government of the United States under section 4181 of Title 26 of the Internal Revenue Code imposed upon manufacturers, producers, or importers by the sale of pistols, revolvers, firearms (other than pistols and revolvers), shells and cartridges.
Federal Excise Tax means all excise taxes paid to the government of the United
Federal Excise Tax means the US federal tax imposed pursuant to Section 4371 of the Internal Revenue Code of 1986 and regulations promulgated thereunder, as amended from time to time.
Federal Excise Tax. In the event that any Federal Excise Tax is due with respect to any amounts due under this Agreement, the Company agrees to pay such 18 18 tax in addition to any amounts due under this Agreement and agrees to remit such tax to the United States Internal Revenue Service and shall indemnify and hold the Reinsurer harmless for any such taxes which the Reinsurer may become obligated to pay. NO WAIVER: No consent or waiver, express or implied, by any other party to or of any breach or default by any other party in the performance of its obligations hereunder shall be construed to be a consent or waiver to or of any other breach or default in the performance of obligations by such other party hereunder. Failure on the part of any party to complain of any act or failure to act of any other party or to declare any other party in default, irrespective of how long such failure continues, shall not constitute a waiver by such first party of its rights hereunder.
Federal Excise Tax means the percentage tax proscribed in IRC 4661(a)
Federal Excise Tax. No Federal Excise Tax or Mississippi Sales Tax will be added to or otherwise included in the prices submitted by the Contractor. DEPARTMENT OF FINANCE AND ADMINISTRATION THIS MUST BE SIGNED BY AN OFFICIAL
Federal Excise Tax. The Reinsurer has agreed to allow for the purpose of paying the Federal Excise Tax the applicable percentage of the premium payable hereon (as imposed under the Internal Revenue Code) to the extent such premium is subject to the Federal Excise Tax. In the event of any return of premium becoming due hereunder, the Reinsurer will deduct the aforesaid percentage from the return premium payable hereon and the Company or its agent should take steps to recover the tax from the United States Government.