Personal income tax revenues definition

Personal income tax revenues means personal income tax as estimated by the Tax Commissioner
Personal income tax revenues means personal income tax as estimated by the Tax Commissioner 810 from individuals under Article 2 (§ 58.1-320 et seq.) of Chapter 3 of Title 58.1 based on salaries, wages, 811 and other income generated through employment or the conduct of a trade or business within a facility, 812 including without limitation, such taxes collected from team players, coaches, and office personnel; 813 personnel employed by the operator of, or enterprises operating within, a facility; and personnel involved 814 in the development and construction of a facility. The Tax Commissioner shall calculate such revenues 815 by multiplying wages and salaries described herein by three and nine-tenths percent with respect to 816 wages and salaries paid to team players of a major league baseball franchise based at the facility and by 817 three and one-half percent for all other individuals described herein.
Personal income tax revenues means personal income tax collected from individuals under Article

Examples of Personal income tax revenues in a sentence

  • Personal income tax revenues remain far below the EU average, showing the weakness of the administration in the field of tax collection.

  • Personal income tax revenues would be estimated by the Tax Commissioner based on salaries, wages, and other income generated through employment or the conduct of a trade or business within the stadium.

  • Personal income tax revenues also include patent tax proceeds in the municipal budgets.The amount of the PIT revenue is influenced by the growth of the average wage, the decrease of the unemployment level in the country, the results declared with the natural persons’ annual tax returns, the interests under bank accounts of citizens.

  • Personal income tax revenues increased by Le 190 billion or 14% to compared to Le1, 355.0 billion in 2018.

  • Personal income tax revenues (EEK per capita) in Hiiu County municipalities 1994-1998.

  • Personal income tax revenues have borne an increasing proportion of the state tax burden, projected at $37 billion (47%) of state general fund revenues in proposed 2002–03.46 Corporate sources of revenues have declined substantially in relative terms, particularly the taxation of alcohol.

  • The exact position of all Work shall be established from control points, base line points or other points which are shown on the Drawings or as modified by the CQA Manager.

  • At any time thereafter and on at least four days' notice to the adverse party, the transcript and the proposed amendments and objections thereto shall be submitted for settlement to the judge or referee before whom the proceedings were had if the parties cannot agree on the amendments to the transcript.

  • Personal income tax revenues are very low in an international comparison (around 1 percent of the GDP, OECD countries around 11 percent), and have been constant over the last two decades (see, e.g., Tanzi and Zee 2000).

  • Personal income tax revenues rose by 8.1% in fiscal 1995, 10.8% in fiscal 1996, and 12.3% in fiscal 1997.


More Definitions of Personal income tax revenues

Personal income tax revenues means personal income tax as estimated by the Tax Commissioner from individuals under Article 2 (§ 58.1-320 et seq.) of Chapter 3 of Title 58.1 based on salaries, wages and other income generated through employment or the conduct of a trade or business within a facility that would not be generated but for the existence of the facility, including without limitation, such taxes collected from team players, coaches, and office personnel; personnel employed by the operator of, or enterprises operating within, a facility; and personnel involved in the development and construction of a facility. The Tax Commissioner shall calculate such revenues by multiplying wages and salaries as described herein by three and one-half percent.
Personal income tax revenues means personal income tax as estimated by the Tax Commissioner from individuals under Article 2 of Chapter 3 of Title 58.1 based on (i) salaries, wages and other income generated through employment or the conduct of a trade or business within a facility that would not be generated but for the existence of the facility, including without limitation, such taxes collected from team players, coaches, and office personnel; personnel employed by the operator of, or enterprises operating within, a facility; and personnel involved in the development and construction of a facility, and (ii) salaries, wages and other income generated through employment or the conduct of a trade or business within a temporary facility that would not be generated but for the activities of a sports franchise conducted at such temporary facility, including without limitation, such taxes collected from team players, coaches and office personnel; personnel employed by the operator of, or enterprises operating within such temporary facility. The Tax Commissioner shall calculate such revenues by multiplying wages and salaries as described herein by three and nine-tenths percent with respect to wages and salaries paid to team players of a sports franchise based at a facility or temporary facility
Personal income tax revenues means personal income tax revenues as estimated by the Tax Commissioner from individuals under Article 2 (§ 58.1-320 et seq.) of Chapter 3 of Title 58.1 based on salaries, wages, and other income generated through employment or the conduct of a trade or business in on the campus. The Tax Commissioner shall calculate such revenues by multiplying wages and salaries described by the average effective tax rate calculated by the Department of Taxation for the prior taxable year.

Related to Personal income tax revenues

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;

  • Business income means income arising from transactions and activity in the regular course of the taxpayer's trade or business and includes income from tangible and intangible property if the acquisition, management, and disposition of the property constitute integral parts of the taxpayer's regular trade or business operations.

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Nonbusiness income means all income other than business income.