Examples of Gross Taxes in a sentence
The District covenants that it will deposit any Gross Taxes received in connection with a foreclosure in the Special Tax Fund and will apply such proceeds remaining after the payment of Administrative Expenses to make current payments of principal and interest on the Bonds and any Parity Bonds, to bring the amount on deposit in the Reserve Account up to the Reserve Requirement and to pay any delinquent installments of principal or interest due on the Bonds and any Parity Bonds.
The District covenants that it will deposit to Special Tax Fund A any Gross Taxes received in connection with a foreclosure that remain after the payment of Administrative Expenses related to such foreclosure and such Gross Taxes shall be applied in accordance with Section 3.4 hereof.
Used for Used forCurrent DebtGross Taxes Collected - 2007 Operations Service Total Current$ 110,137,308$10,692,098$ 120,829,406Delinquent1,938,31842,4201,980,738Penalties and interest 1,273,557 - 1,273,557Total collections$ 113,349,183$ 10,734,518$ 124,083,701 Gross Taxes Collected - 2006 Tax collections for the years ended August 31, 2007 and 2006 were approximately 98% and 99%, respectively, of the current tax levy.
The City will comply with all requirements of the Act so as to assure the timely collection of Gross Taxes, including without limitation, the enforcement of delinquent Special Taxes.
Gross Taxes and Duties collected 2010 2009 €000 €000Income Tax13,945,794 15,068,374Value Added Tax12,743,817 13,962,910Corporation TaxExcise Duty4,919,8894,888,819 a5,335,0534,949,536Stamp Duties984,791 1,023,426Capital Gains Tax383,240 606,420Capital Acquisitions Tax242,675 267,996Customs Duty229,899 211,975 38,338,924 41,425,690a This is stated net of a deduction of €322,432 relating to the net collection costs of outsourced services for Vehicle Registration Tax for the period September to December 2010.