Qualified income definition

Qualified income means income attributable to

Qualified income means, as of any date of calculation, the amount obtained by multiplying (a) 12, by (b) the total actual collections of Rents (to include the then current Rents payable by tenants under Leases (other than the Master Leases) at the Properties) that meet the requirements specified in Section 5.1.20 hereof and under which the tenants are in occupancy and paying current, unabated Rent (excluding interest on credit accounts), prepaid rent and reimbursement revenue), from the last full calendar month prior to such date of calculation, and adding the monthly Rents (and prepaid rent and disbursement revenue) to be paid under any new executed Leases meeting the requirements specified in Section 5.1.20 hereof, so long as the applicable tenant is open for business and paying rent, as evidenced by a rental income deposit receipt and a tenant estoppel. If any Lease by its terms provides for a rent increase within six (6) months of such date of calculation, such increased rent, rather than the rent actually collected in such prior month, shall be utilized in determining “total actual collections of Rents” in clause (b) above.

Qualified income means that part of the borrower's

Examples of Qualified income in a sentence

• The recapture of the federal mortgage subsidy applies only if you meet all of the following conditions:  You sell or otherwise dispose of your home at a gain, and The sale is made within the first 9 years after the date you close your mortgage loan, and Your modified adjusted gross income for the year of disposition is more than the following Table 1 or 1A Adjusted Qualified income for your family size for that year.

• Qualified income derived by a qualified foreign corporation from its international operation of ships or aircraft is excluded from gross income and exempt from United States Federal income tax.

• Section 1.883–0 is added to read as follows:§1.883–0 Outline of major topics.This section lists the major paragraphs contained in §§1.883–1 through 1.883–5.§1.883–1 Exclusion of income from the international operation of ships or aircraft.(a) General rule.(b) Qualified income.

• Qualified income would include all ordinary trade or business income reported to an individual owner by a pass-through entity engaged in an active trade or business.

More Definitions of Qualified income

Qualified income means that part of the consumer’s compensation, however defined, to which the contractual payment percentage will be applied to determine the amount of a consumer's qualifying payment.

Qualified income means that part of the consumer’s income, as defined in contract, to which the payment percentage will be applied to determine the amount of a consumer's qualifying payment.

Qualified income means income defined as “qualified income” in BloomTech ISAs that trigger repayment obligations.

Qualified income means the portion of the overall income eligible for the benefits provided for in this Decree Law;g) “nexus ratio” shall mean the ratio between the costs for research and development activities incurred for the maintenance, improvement and development of the intangible asset eligible under Article 8 of this Decree Law and the total expenditures incurred to produce it;h) “enterprise”, shall mean the taxpayer, specified in par. 1 of art. 3, which applied for the regime provided for by this Decree Law;i) “final report on Action 5 BEPS” shall mean the Final Report issued by the OECD in 2015 entitled Countering Harmful Tax Practices More Effectively, Taking into Account Transparency and Substance.

Qualified income or this section means a gross income of the family unit less than twenty thousand dollars ($20,000.00) in the year application is made to defer such charges and fees. Such application shall be made in affidavit form to the Superintendent of Water whenever application is made for the issuance of a water tap. After certification to Council, such charges and fees shall be certified in ordinance form to the County Auditor to be placed upon tax duplicate and collected in the same manner as other taxes and assessments over such five year period.

Qualified income means a qualified business entity’s income attributable to activities at an eligible project.

Qualified income means the median annual family income as adjusted for household size, as established by the United States Department of Housing and Urban Development.