Rollback tax definition

Rollback tax means the tax imposed under Section 59-2-506.
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Rollback tax means the difference between the amount of taxes that a dedicated golf course owner paid and the higher amount of taxes, if any, that would have been due from the owner if the golf course had not been dedicated under this section.
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Rollback tax means the tax imposed under Section 59-2-1705. (3)
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Examples of Rollback tax in a sentence

  • Rollback tax for change of use of Texas Constitution Article VIII, Section 1-d-1 land becomes delinquent if taxing unit delivered a bill to the owner on or before Jan.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 40 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $0.437280$0.469634$0.469634SECTION 6: Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 40 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $0.296829$0.312958$0.312958SECTION 6: Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Each employee will be given the task assignment based on the milestones.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 40 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $0.472886$0.499902$0.499902SECTION 6: Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 40 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $0.611037$0.659919$0.659919SECTION 6: Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 40 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $0.566393$0.592307$0.592307SECTION 6: Taxing Unit Representative Name and Signature Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 4 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $ $ $ SECTION 6: T xing Unit Represent tive N me nd Sign ture Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 4 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $ .72541 $ .783333$ .783333SECTION 6: T xing Unit Represent tive N me nd Sign ture Enter the name of the person preparing the tax rate as authorized by the taxing unit.

  • Indicate the applicable total tax rates as calculated above.Effective tax rate (Line 24; line 25 for counties; or line 46 if adjusted for sales tax) Rollback tax rate (Line 39; line 4 for counties; or line 48 if adjusted for sales tax) Rollback tax rate adjusted for pollution control (Line 52) $ .27916 $ .319999$ .319999SECTION 6: T xing Unit Represent tive N me nd Sign ture Enter the name of the person preparing the tax rate as authorized by the taxing unit.


More Definitions of Rollback tax

Rollback tax means any Tax resulting from or arising in connection with any abatement, reduction or deferral in effect with respect to all or any portion of the real estate Taxes applicable to the Owned Real Property.
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Related to Rollback tax

  • Rollback tax rate means the rate that will produce last year’s maintenance and operation tax levy (adjusted) from this year’s values (adjusted) multiplied by 1.08 plus a rate that will produce this year’s debt service from this year’s values (unadjusted) divided by the anticipated tax collection rate.

  • input tax , in relation to a vendor, means—

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Consolidated Tax Expense means, for any period, the tax expense of Holdings and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Recovered tax increment value means, except as otherwise

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

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

  • REO Tax As defined in Section 3.17(a).

  • MUNICIPAL TAXABLE INCOME means the following:

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Income Tax Expense means, with respect to the Borrowers, for any period, the aggregate, without duplication, of all Taxes on the income of such Person for such period, whether current or deferred, determined on a Modified Consolidated Basis.

  • Tax Expense means, for any period, the tax expense (including federal, state, provincial, local, foreign, franchise, excise and foreign withholding taxes) of the Loan Parties and their Subsidiaries, including any penalties and interest relating to any tax examinations for such period, determined on a consolidated basis in accordance with GAAP.

  • State premium tax liability means any liability

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • State tax means any State Income Taxes or State Other Taxes.

  • Agreement combined tax rate means the sum of the tax rates:

  • Real Property Tax As used herein, the term "real property tax" shall include any form of real estate tax or assessment, general, special, ordinary or extraordinary, and any license fee, commercial rental tax, improvement bond or bonds, levy or tax (other than inheritance, personal income or estate taxes) imposed on the Premises by any authority having the direct or indirect power to tax, including any city, state or federal government, or any school, agricultural, sanitary, fire, street, drainage or other improvement district thereof, as against any legal or equitable interest of Lessor in the Premises or in the real property of which the Premises are a part, as against Lessor's right to rent or other income therefrom, and as against Lessor's business of leasing the Premises. The term "real property tax" shall also include any tax, fee, levy, assessment or charge (i) in substitution of, partially or totally, any tax, fee, levy, assessment or charge hereinabove included within the definition of "real property tax," or (ii) the nature of which was hereinbefore included within the definition of "real property tax," or (iii) which is imposed for a service or right not charged prior to June 1, 1978, or, if previously charged, has been increased since June 1, 1978, or (iv) which is imposed as a result of a transfer, either partial or total, of Lessor's interest in the Premises or which is added to a tax or charge hereinbefore included within the definition of real property tax by reason of such transfer, or (v) which is imposed by reason of this transaction, any modifications or changes hereto, or any transfers hereof.

  • Excluded Tax means any Tax imposed by any jurisdiction on the net income of the Note Holder;

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends thereafter.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.