Nexus definition

Nexus means that a partnership’s business activity is of such a degree that the state or foreign country has jurisdic- tion to impose an income tax or franchise tax measured by net income. Under Public Law 86-272, a state can’t impose an income tax or franchise tax based on net income on a partnership selling tangible personal property if the part- nership’s only activity in the state is the solicitation of or- ders, which orders are approved outside the state and are filled by delivery from a point outside the state.
Nexus means that a taxpayer’s business activity in a state or foreign country is of such a degree that the state or foreign coun- try has jurisdiction to impose an income tax or franchise tax mea- sured by net income on the taxpayer. Nexus may exist even if a state or foreign country does not impose a tax on the taxpayer. Conversely, voluntary filing and paying income or franchise taxes when not required to do so, or paying a fee for qualification, orga- nization or for the privilege of doing business in that state or for- eign country does not, in itself, create nexus.
Nexus means the causal relationship that must exist between the improvements and the expected development and redevelopment in the TIF Project Zone or the expected outcomes in the TIF Project Zone.

Examples of Nexus in a sentence

  • Any categories of personal data provided by the Controller in order for Nexus to provide the service.

  • In the event the Controller provides Nexus access to personal data for implementation or other purposes, this data will be processed by Nexus in accordance with this DPA.

  • Nexus will not engage any third party when processing personal data.

  • Any categories of personal data provided by the Controller in order for Nexus to provide Support and/or maintenance.

  • For the purpose of delivering Delivery Services, it is not necessary for Nexus to process any personal data.


More Definitions of Nexus

Nexus means the causal relationship that must exist between the
Nexus means that an exempt organization’s unrelated trade or busi- ness activity is of such a degree that the state or foreign country has jurisdiction to impose an income tax or franchise tax measured by net income. Under Public Law 86-272, a state can’t impose an in- come tax or franchise tax based on net income on an exempt organization selling tangible personal property if the exempt organization’s only activity in the state is the solicitation of orders, which orders are approved outside the state and are filled by deliv- ery from a point outside the state.
Nexus means the appearance of a connection between a
Nexus means substantial nexus as defined in R.C. 5741.01(I).
Nexus means that a taxpayer’s business activity in a state or foreign country is of such a degree that the state or foreign coun- try has jurisdiction to impose an income tax or franchise tax mea- sured by net income on the taxpayer. For a combined group, the activities of the combined group are taken as a whole in determin- ing if the combined group has nexus in a state or foreign country, as provided in s. 71.255 (5) (a), Stats. Nexus may exist even if a state or foreign country does not impose a tax on the taxpayer. Conversely, voluntary filing and paying income or franchise taxes when not required to do so, or paying a fee for qualification, orga-
Nexus. The connection an entity has with a taxing jurisdiction generally represented by property and payroll. The applicable jurisdiction's nexus standards will determine whether tax cost or benefit is allocated to an entity. (E.g., state sales or receipts of an entity may require inclusion in a consolidated return even though the entity itself does not have nexus and is protected by PL 86-272.)
Nexus means, collectively, Nexus-Maxcom Holdings I, LLC and Nexus-Banc of America Fund II, L.P. (together with any successor-in-interest).