Property tax credit definition

Property tax credit means a credit of the prior tax year’s statewide or local share property tax liability or a homestead owner or renter credit, as authorized under section 6066 of this title, as the context requires.
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Property tax credit means the credit established pursuant to
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Property tax credit means the credit established pursuant to section 4 of P.L. , c. (C. ) (pending before the Legislature as this bill).
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Examples of Property tax credit in a sentence

  • Do not include special assessments, interest, 6 $penalties and service charges.7 Property tax credit Use the "Computing Your Property Tax Credit" worksheet.

  • Property tax credit for disabled veterans - Certification - Distribution.

  • If you checked “No,” continue to Line 6.6 Income tax from Form IL-1040, Line 16 6 | 7 Credit for tax paid to other states from Form IL-1040, Line 19 7 | 8 Property tax credit from Form IL-1040, Line 20b 8 | 9 Education expense credit from Form IL-1040, Line 21b 9 | 10 Add Lines 7, 8, and 9.

  • Do not include special assessments, interest, penalties and service charges.7 Property tax credit Use the "Computing Your Property Tax Credit" worksheet.Round cents to nearest dollar.If amount is zero, leave line blank.

  • Property tax credit will be based on the amount of land from the middle of stream to the outer limits of either Zone 2 or Zone 3.

  • Property tax credit — energy conservation devices for existing energy-efficient buildings3 (a) Intent.

  • The Act chips away at this need by extending the Alternative Fuel Refueling Property tax credit, which expired on December 31, 2021, to December 31, 2032.20 Eligible alternative fuel stations include, among other types, stations dispensing fuel that is at least 85% by volume of one or more of ethanol, natural gas, compressed natural gas, liquefied natural gas, liquefied petroleum gas, or hydrogen.

  • The bill would revive through 2032 and significantly expand—by 140 percent—the Nonbusiness Energy Property tax credit.

  • Additionally, the Smartphone Addiction Scale (SAS) (Kwon et al., 2013) was employed, specifically focusing on Tolerance (questions 3 and 22), Daily Life Disturbance (questions 7 and 9), Overuse (question 8), Positive Anticipation (questions 6 and 10), Cyber- spaced Oriented Relationship (question 11), and Withdrawal (question 21).

  • The Property tax credit includes 20% of rent paid during the year with a maximum of CAD 250, to which 10% of the occupancy cost is added.


More Definitions of Property tax credit

Property tax credit means the credit established pursuant to section 4 of P.L.2018, c.11 (C.54:4-66.9).
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Property tax credit means a credit of the prior tax year’s statewide or local share property tax liability or a homestead owner or renter credit, as
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Property tax credit means the credit established
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Property tax credit means a credit of the prior tax year’s statewide
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Related to Property tax credit

  • Property Tax means the general property tax due and paid as set

  • Property tax increment means the amount obtained by:

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Input Tax Credit means the credit of input tax;

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Real Estate Taxes means the ad valorem real estate taxes levied against the Property (and the improvements and fixtures located thereon), betterment assessments, special benefit taxes and special assessments levied or imposed against the Property, taxes levied or assessed on gross rentals payable by Tenant to the extent charged, assessed or imposed upon tenants in general which are based upon the rents payable under this Lease, any impact fees levied or assessed, whether or not billed by the taxing authority as a special benefit tax or a special assessment, all taxes levied or assessed on the Property that are in addition to or in lieu of taxes that are currently so assessed, and penalties and interest related to Real Estate Taxes if the applicable Real Estate Tax bills have been forwarded to Tenant in a timely manner; provided, however, that Real Estate Taxes shall not include any Excluded Taxes. “Excluded Taxes” shall mean, without limitation, Landlord’s income taxes, gift taxes, excess profit taxes, excise taxes, franchise taxes, estate, succession, inheritance and realty transfer taxes resulting from the transfer of any direct or indirect interest in the Property by Landlord unless such taxes replace Real Estate Taxes in the future (except as expressly set forth in the last sentence of this Section 4(a)), and any interest or penalty charges resulting solely from Landlord’s failure to promptly deliver the Real Estate Tax bills to Tenant if the applicable taxing authority has forwarded the tax xxxx to Landlord rather than Tenant. All special benefit taxes and special assessments shall be amortized over the longest time permitted under ordinance and Tenant’s liability for installments of such special benefit taxes and special assessments not yet due shall be paid in full prior to the expiration or termination of this Lease; provided, that the useful life of any such improvements do not extend beyond the expiration of the Term. Tenant shall also pay, directly to the applicable Governmental Authority (as hereinafter defined), any storm water charges, fees and taxes and use and occupancy tax in connection with the Property or any improvements thereon (or in the event Landlord is required by law to collect such tax, Tenant shall pay such use and occupancy tax to Landlord as Rent within thirty (30) days of written demand and Landlord shall remit any amounts so paid to Landlord to the appropriate Governmental Authority in a timely fashion) and deliver evidence of such payment to Tenant within ten (10) days of making such payment or within ten (10) days of receipt of Tenant’s request for such evidence of payment.

  • Tax Credits means any state, local and/or federal production tax credit, tax deduction, and/or investment tax credit specific to the production of renewable energy and/or investments in renewable energy facilities.