Federal Excise Tax definition

Federal Excise Tax has the meaning set forth in Section 7.2.

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Federal Excise Tax means US federal tax imposed pursuant to Section 4371 of the Internal Revenue Code of 1986 and regulations promulgated hereunder, as amended from time to time.

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.

Examples of Federal Excise Tax in a sentence

Purchases made for State of Texas use are exempt from the State Sales Tax and 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.
The State is exempt from federal excise taxes under I.R.C. Chapter 32 (26 U.S.C., Subtitle D, Ch. 32) (Federal Excise Tax Exemption Certificate of Registry No. 84-730123K) and from State and local government sales and use taxes under §§39-26-704(1), et seq., C.R.S. (Colorado Sales Tax Exemption Identification Number 98-02565).
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 Section 4371 of the Internal Revenue Code) to the extent such premium is subject to the Federal Excise Tax.
Each Subscribing 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 Federal Excise Tax.

More Definitions of Federal Excise Tax

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 means all excise taxes paid to the government of the United

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 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

Federal Excise Tax means the percentage tax proscribed in IRC 4661(a)

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 scheduled to become effective under the Reform Act in 2020. If the parties anticipate the value of health care benefits will exceed the trigger value any time after January 1, 2020, the parties shall negotiate a change in benefits so the 40 percent excise tax is not assessed in 2020 or anytime thereafter. If the excise tax is repealed in its entirety from the Reform Act and is not replaced with a different tax, this section is not applicable.

Federal Excise Tax means the Tax assessed on w▇▇▇▇▇ pursuant to Section 4401 of the Code.

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