Local Tax definition

Local Tax or “Local Taxes” means the Local Transient Lodging Tax imposed by City, together with any additional interest or penalties provided for by state statute or the Department’s rules; it does not include any additional penalties or fees that City may assess against its Local Taxpayers.

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Local Tax or “Local Taxes” means the Marijuana Tax imposed by City, together with any additional interest or penalties provided for by statute or the Department’s rules; it does not include any additional penalties or fees that City may assess against its Local Taxpayers.

Local Tax means the local tax established under the Local Tax Act;

Examples of Local Tax in a sentence

• The “Realized Tax Detriment” for a Taxable Year equals the excess, if any, of the actual liability of the Corporation for Covered Taxes over the Hypothetical Tax Liability for such Taxable Year; provided, that for purposes of determining the Hypothetical Tax Liability and actual liability of the Corporation for Covered Taxes, the Corporation shall use the Assumed State and Local Tax Rate for purposes of determining such liabilities for all state and local Covered Taxes.

• For the avoidance of doubt, the calculation of the Hypothetical Tax Liability and the actual liability of the Corporation for Covered Taxes shall take into account the federal benefit received by the Corporation with respect to state and local jurisdiction income taxes (with such benefit taking into account the Corporation’s marginal U.S. federal income tax rate for the relevant Taxable Year, the Assumed State and Local Tax Rate, and the deductibility, if any, of state and local jurisdiction income taxes).

• The “Realized Tax Benefit” for a Taxable Year equals the excess, if any, of the Hypothetical Tax Liability over the actual liability of the Corporation for Covered Taxes; provided, that for purposes of determining the Hypothetical Tax Liability and actual liability of the Corporation for Covered Taxes, the Corporation shall use the Assumed State and Local Tax Rate for purposes of determining such liabilities for all state and local Covered Taxes.

• For the avoidance of doubt, any Tax Benefit Schedule shall include the applied Assumed State and Local Tax Rate and describe any basis for any change in the Assumed State and Local Tax Rate from the rate specified herein.

• The Certificate Administrator shall make elections or cause elections to be made to treat each of the Lower-Tier REMIC and the Upper-Tier REMIC as a REMIC under the Code and, if necessary, under Applicable State and Local Tax Law.

More Definitions of Local Tax

Local Tax means any occupation tax or other tax owed to a county or municipality in order to hold a match, contest, or exhibition or to carry on a business as a ticket broker within such county or municipality;

Local Tax or “Local Taxes” means the Local Transient Lodging Tax imposed by County, together with any additional interest or penalties provided for by state statute or the Department’s rules; it does not include any additional penalties or fees that County may assess against its Local Taxpayers.

Local Tax means ad valorem real and personal property taxes levied by the City of Unalaska on the Facility.

Local Tax or “Local Taxes” means the Marijuana Tax imposed by the City of Molalla of Clackamas County together with any additional interest or penalties provided for by statute or the Department’s rules; it does not include any additional penalties or fees that the City of Molalla of Clackamas County may assess against its Local Taxpayers.

Local Tax means a tax levied by Tehsil/Town Council under section 116 of the Punjab Local Government Ordinance; 2001 (XIII of 2001);

Local Tax means a mandatory and non-refundable payment in the budget of local self-government units, regulated by law and paid by every person that exercises a public right or benefits from a public service in the territory of the local self-government unit.

Local Tax. Varies Total Charges: $1895.00 Tuition: $1000.00 Total Charges: $1000.00