Federal taxes definition

Federal taxes means those Federal taxes or other payments specified by the Secretary of the Treasury as eligi- ble for payment through the proce- dures prescribed in this part.

Federal taxes means any income taxes imposed under the Code.

Federal taxes means United States Federal income, environmental and alternative or add-on minimum taxes.

Examples of Federal taxes in a sentence

• The Party understands that the State will not provide any individual retirement benefits, group life insurance, group health and dental insurance, vacation or sick leave, workers compensation or other benefits or services available to State employees, nor will the State withhold any state or Federal taxes except as required under applicable tax laws, which shall be determined in advance of execution of the Agreement.

• Have not, within a three-year period preceding this offer, been notified of any delinquent Federal taxes in an amount that exceeds $3,500 for which the liability remains unsatisfied.

• The Authority is exempt from Virginia state and local sales and use taxes and from many Federal taxes.

• Except as may be otherwise provided in this subcontract, the subcontract price includes all applicable Federal taxes in effect on the subcontract date.

• Bidder is responsible for making its own investigation to determine whether or not it is subject to municipal, Commonwealth or Federal taxes and for paying for such tax if applicable.

More Definitions of Federal taxes

Federal taxes includes all Federal taxes (including Federal Income Taxes), charges, fees, levies, imposts, duties, or other assessments of a similar nature, including without limitation, income, alternative or add-on minimum, gross receipts, excise, employment, sales, use, transfer, license, payroll, franchise, severance, stamp, occupation, windfall profits, environmental, premium, capital stock, profits, withholding, Social Security, unemployment, disability, ad valorem, estimated, highway use, commercial rent, capital stock, paid up capital, recording, registration, property, real property gains, value added, business license, custom duties, or other tax or governmental fee of any kind whatsoever, imposed or required to be withheld by a governmental agency of the United States of Ameri- ca, including any interest, additions to tax, or penalties applicable thereto.

Federal taxes means all income taxes (including estimated taxes) imposed by the United States.

Federal taxes means Taxes imposed by the Code (including pursuant to Sections 11, 55 and 59A of the Code) or otherwise imposed by federal income tax law; provided, however, that “Federal Taxes” shall not include any Transaction Taxes.

Federal taxes means (1) incom e taxes withheld b y employers pursuant to Section 1622 o f the Internal Revenue C ode; (2) em ployer taxes under Section 1410 of such Code and em ployee taxes withheld under Section 1401 o f such C ode (Social Security em ploym ent taxes); and (3) em ployer taxes under Section 1520 o f such C ode and employee taxes withheld under Section 1501 o f such Code (Railroad Retirem ent taxes);

Federal taxes meanss taxes and assessments of every kind and nature, if any, levied and/or collected by the United States of America or any department or agency thereof.

Federal taxes. The Options granted to you are treated as "nonqualified options" for federal tax purposes, which means that when you exercise, the excess of the value of the Shares issued on exercise over the exercise price paid for the Shares is income to you, subject to wage-based withholding and reporting. When you sell the Shares acquired upon exercise, the excess (or shortfall) between the amount you receive upon the sale and the value of the shares at the time of exercise is treated as capital gain (or loss). State and local taxes may also apply. You should consult your personal tax advisor for more information concerning the tax treatment of your Options. We are excited to give you this opportunity to share in our future success. Please indicate your acceptance of this option grant and the terms of the Plan by signing and returning a copy of this letter.

Federal taxes is defined in Section 7.1(a).