Local taxes definition

Local taxes means all taxes levied other than taxes levied for school operating purposes.
Local taxes means state, county, city, village, township and school taxes, any special district taxes, and any other tax on real property, but does not include special assessment for local benefit improvements.
Local taxes means local property taxes, local income and excise taxes, and, for distributions after June 30, 1987, special assessments, which special assessments meet all of the following criteria:

Examples of Local taxes in a sentence

  • The provisions of this section (Payment of Local Taxes, Unpaid Local Taxes or Excess Local Taxes) shall apply and remain in full force and effect even if the Expiration Date has occurred and/or this Transaction has terminated.


More Definitions of Local taxes

Local taxes means ad valorem taxes, sales taxes and other local taxes which are levied by or on the behalf of a taxing entity;
Local taxes means any taxes or charges payable in the Destination Country.
Local taxes means any present or future taxes, levies, imposts, duties, fees, assessments, contributions or other charges or withholding of a similar nature imposed, levied, collected, withheld or assessed by or within a Relevant Jurisdiction (including any penalty, inflation adjustment, additions to tax or interest payable in connection therewith).
Local taxes means a tax imposed under:
Local taxes means ad valorem taxes, sales taxes and other
Local taxes means any tax or levy (except excise or import duty included in retail price) paid or payable to the Government or the State Government or any local body under any law for the time being in force by the manufacturer or his agent or dealer;
Local taxes means taxes, duties and similar charges (in each case, including interest and penalties thereon) imposed by the taxing authority in any jurisdiction, that would be withheld from or paid or otherwise incurred by a Hypothetical Investor in connection with any Applicable Hedge Positions, excluding any corporate income taxes levied on the overall net income of the Hypothetical Investor.