Federal Tax Status definition

Federal Tax Status means, as to the Bonds, the status of the interest on the Bonds as excludable from gross income for federal income tax purposes (except on any Bond during any period during which it is held by a “substantial user” or “related person” to such a substantial user within the meaning of Section 147(a) of the Code).

Federal Tax Status means, as to the Bonds, the status of the interest on the Bonds as excludible from gross income for federal income tax purposes of the Holders of the Bonds (except on Bonds while held by a substantial user or related person, each as defined in the Code).

Federal Tax Status means, as to the Governmental Note, the status under existing law of the interest on the Governmental Note as excludable from gross income for federal income tax purposes (except on the Governmental Note for any period during which it is held by a “substantial user” of the Project or by a “related person” of such a “substantial user,” each within the meaning of Section 147(a) of the Code).

Examples of Federal Tax Status in a sentence

• Project part of another No phase or multi phase: Original Project Code: Project Purpose Category: Manufacturing Total Project Amount: Benefited Project Amount: Bond/Note Amount: Annual Lease Payment: Federal Tax Status of Bonds: Not For Profit: Date Project Approved: IDA Took Title to Property: Date IDA Took Title $1,340,484.00 $1,305,583.00 $0 Yes 10/19/2001 or Leasehold Interest: Year Financial Assitance is 2017 planned to End: Notes: construction of a 26,500 sq.

• Project part of another No phase or multi phase: Original Project Code: Project Purpose Category: Manufacturing Total Project Amount: Benefited Project Amount: Bond/Note Amount: Annual Lease Payment: Federal Tax Status of Bonds: Not For Profit: Date Project Approved: IDA Took Title to Property: Date IDA Took Title $7,125,076.00 $3,712,576.00 $0 Yes 11/12/2009 or Leasehold Interest: Year Financial Assitance is 2022 planned to End: Notes: construction,equipping and operation of a 32,000 sq.

• Project part of another No phase or multi phase: Original Project Code: Project Purpose Category: Services Total Project Amount: Benefited Project Amount: Bond/Note Amount: Annual Lease Payment: Federal Tax Status of Bonds: Not For Profit: Date Project Approved: IDA Took Title to Property: Date IDA Took Title $1,100,000.00 $1,100,000.00 $0 Yes 05/30/2007 or Leasehold Interest: Year Financial Assitance is 2023 planned to End: Notes: acquisition of 1.5 acres of land and construction of a 10,000 sq.

• Project part of another No phase or multi phase: Original Project Code: Project Purpose Category: Manufacturing Total Project Amount: Benefited Project Amount: Bond/Note Amount: Annual Lease Payment: Federal Tax Status of Bonds: Not For Profit: Date Project Approved: IDA Took Title to Property: Date IDA Took Title $860,000.00 $675,000.00 $0 Yes 08/07/2013 or Leasehold Interest: Year Financial Assitance is 2024 planned to End: Notes: Construction of an 8,000 sq.

• Project part of another No phase or multi phase: Original Project Code: Project Purpose Category: Retail Trade Total Project Amount: Benefited Project Amount: Bond/Note Amount: Annual Lease Payment: Federal Tax Status of Bonds: Not For Profit: Date Project Approved: IDA Took Title to Property: Date IDA Took Title $1,430,000.00 $1,430,000.00 $0 Yes 09/03/2010 or Leasehold Interest: Year Financial Assitance is 2018 planned to End: Notes: renovation and construction of 1800 sq.

More Definitions of Federal Tax Status

Federal Tax Status means the status of the interest as excludable from gross income for federal income tax purposes and not treated as an item of tax preference for purposes of the alternative minimum tax.

Federal Tax Status means, as to the Governmental Note, the status under existing law of the interest on the Governmental Note as excludable from gross income for federal income tax purposes (except on the Governmental Note for any period during which it is held by a “substantial

Federal Tax Status means, as to the Bonds, the status under existing law of the interest on the Bonds as excludable from gross income for federal income tax purposes (except on any Bond for any period during which it is held by a “substantial user” of the Project or by a “related person” to such a “substantial user,” each within the meaning of Section 147(a) of the Code).

Federal Tax Status means, as to the Bonds, the status of the interest on the Bonds as excludable from gross income for federal income tax purposes (except on any Bond for any period during which it is held by a

Federal Tax Status means, as to each Bond Issue, the status under existing law of the interest on such Bond Issue as excludable from gross income for federal income tax purposes (except on any Bond for any period during which it is held by a “substantial user” of each Project or by a “related person” to such a “substantial user,” each within the meaning of Section 147(a) of the Code).

Federal Tax Status means the status of the interest as excludable from gross income for

Federal Tax Status. Non-qualified Cash Submitted With Application:* $10,000.00 * Exchanges and transfers from other accounts are not reflected and will be confirmed separately.