Examples of Sales Tax Base in a sentence
To review the conditions and limitations specified within the statute refer to Important Notice: Sales Tax Base Expansion Protection Act dated September 6, 2017 and published on the Department’s website.
Effective for filing periods beginning on or after March 1, 2016 and ending before January 1, 2018 Sales Tax Base Expansion Protection Act – N.C. Gen.
Unless and until the total Sales Tax Revenues in the Sales Tax Increment Area exceed the Sales Tax Base Amount in such Sales Tax increment Area, as provided in paragraph C(1)(b), above, all such Sales Tax Revenue shall be paid into the funds of the City.
The Understanding is premised on splitting the “Pledged Sales Tax Base Amount” (“PSTBA”) between the Commonwealth and COFINA.
It allocates 53.65% of the Pledged Sales Tax Base Amount to COFINA, and the remainder to the Commonwealth.
The Town and the DDA agree that, notwithstanding the Town’s obligation to collect, set aside and pay over the Sales Tax Base (as that term is defined in the 2016 IGA) to the DDA, the Town shall withhold an amount equal to the DDA Payment from the Sales Tax Base in Fiscal Year 2020 as reimbursement for payments made by the Town under the Agreement.
After recovering the DDA Payment, absent any future-approved agreements to the contrary, the Town will resume collecting, setting aside and paying the Sales Tax Base to the DDA as provided in the 2016 IGA.
H3CITY COUNCIL AGENDA REPORT Meeting Date: April 16, 2018Department: Public WorksSubmitted By: Josh Shaw, City Manager Prepared By: Josh Shaw, City ManagerAgenda Title: Bid Award for Street Sales Tax Base Bid, Add Alternate, and City Lake Road Paving Projects RECOMMENDED ACTION: b(i) Approval of bid award to APAC for the combined total base bid of $680,569.60 for the street sales tax base bid (Lakeside II) and City Lake Rd.
However, VTA is working in partnership with other transportation organizations from around the state, as well as with key groups, on a potential amendment to California’s Constitution to change the voting requirement for local transportation sales tax from a two-thirds to a 55 percent majority vote.• Broadening the Sales Tax Base.
Moreover, there would be significant negative consequences for the Commonwealth and its stakeholders if the Commonwealth did not prevail in litigating the Commonwealth-COFINA Dispute, as the Commonwealth would be deprived of access to any portion of the approximately $783 million Pledged Sales Tax Base Amount, which annual amount increases over time.