Sales Tax Base definition

Sales Tax Base means the amount of the sales and
Sales Tax Base means the historical production of Sales Tax by an existing Automobile Dealership, as calculated in the Sales Tax Report defined herein. The Sales Tax Base shall be calculated in a manner that takes into account the then-current economic state relative to the historical performance of an Automobile Dealership. In addition, it shall use a method determined by the preparer of the Sales Tax Report for averaging production over an appropriate period determined by the City, and as adjusted for inflation using the most recent available 12-month period for the Los
Sales Tax Base means $50,000, which is the revenue actually produced from the levy of Town Sales Tax within the TIF Area in the Town Excise Tax Base Year.

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.


More Definitions of Sales Tax Base

Sales Tax Base. – means the City’s Share of Sales Taxes in an amount equal to $300,000 in each Sales Tax Year.
Sales Tax Base means the METRO Sales Tax for the quarter ending December 31, 2007.
Sales Tax Base for a reinvestment zone means the amount of
Sales Tax Base means $56,268.60, which is the revenue actually produced from the levy of City Sales Tax (excluding the 0.25% sales tax dedicated to public safety) within the TIF Area in the City Excise Tax Base Year.
Sales Tax Base means those items subject to sales taxation under this Part.

Related to Sales Tax Base

  • Property tax increment means the amount obtained by:

  • VAT means Value Added Tax

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • GST means Goods and Services Tax charged on the supply of material(s) and services. The term “GST” shall be construed to include the Integrated Goods and Services Tax (hereinafter referred to as “IGST”) or Central Goods and Services Tax (hereinafter referred to as “CGST”) or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable.

  • Base Year means the period set forth in Section 5 of the Summary.