Sales Tax Rate definition
Examples of Sales Tax Rate in a sentence
Notwithstanding the foregoing, the Borrower may at its discretion pledge amounts attributable to any increase of the Sales Tax rate above the then applicable Sales Tax Rate and any increase in the Rental Car Tax above the then applicable Rental Car Tax Rate to any other obligations or to other Borrower purposes; provided that any such obligations shall be issued in accordance with Section 16(b) (Issuance of Future Bonds).
To the extent permitted by law and approved by the voters (if a vote is required), the Borrower may, in a Series Resolution, pledge to the payment of the TIFIA Bond the Sales Tax in excess of the then applicable Sales Tax Rate, the Rental Car Tax in excess of the then applicable Rental Car Tax Rate and any other tax authorized by law.
To the extent permitted by law and approved by the voters (if a vote is required), the Borrower may, in a Series Resolution, pledge to the payment of the TIFIA Bond the Sales Tax in excess of the then applicable Sales Tax Rate, the Rental Car Tax in excess of the then applicable Rental Car Tax Rate and any other tax authorized by law.
Total New Earnings $ 4,967,649 Amount Spent in County (70%) $ 3,477,354 Amount Taxable (25%) $ 869,339 County Sales Tax Rate 4.25% New County Tax Revenue $ 36,947 As a result of the renovation phase employment, the County would receive approximately $36,947 in new sales tax revenue from the economic impacts of renovation.
Receipts must be provided as backup documentation; Lines specifying Non-Taxable Subtotal, Taxable Subtotal, Sales Tax Rate, and Tax Amount; Amount of retention (not to exceed 10% of amount invoiced), if applicable; Total invoice amount (minus retention, if applicable).
Total New Earnings $ 1,083,385 Amount Spent in County (70%) $ 758,369 Amount Taxable (25%) $ 189,592 County Sales Tax Rate 4.25% New County Tax Revenue $ 8,058 As a result of the renovation phase employment, the County would receive approximately $8,058 in new sales tax revenue from the economic impacts of renovation.
Notwithstanding the foregoing, the Borrower may at its discretion pledge amounts attributable to any increase of the Sales Tax rate above nine-tenths of one percent (.9%)the then applicable Sales Tax Rate and any increase in the Rental Car Tax above eight-tenths of one percent (.8%)the then applicable Rental Car Tax Rate to any other obligations or to other Borrower purposes; provided that, any such obligations shall be issued in accordance with Section 16(b).
Total New Earnings $ 314,225 Amount Spent in County (70%) $ 219,958 Amount Taxable (25%) $ 54,989 County Sales Tax Rate 4.25% New County Tax Revenue $ 2,337 Source: Nassau County, Camoin 310 As a result of the renovation phase employment, the County would receive approximately $2,300 in new sales tax revenue from the economic impacts of renovation.
Total New Earnings $ 19,699,933 Amount Spent in County (70%) $ 13,789,953 Amount Taxable (25%) $ 3,447,488 County Sales Tax Rate 4.25% New County Tax Revenue $ 146,518 As a result of the construction phase employment, the County would receive approximately $146,518 in new sales tax revenue from the economic impacts of construction.
Total New Earnings $ 186,799 Amount Spent in County (70%) $ 130,759 Amount Taxable (25%) $ 32,690 County Sales Tax Rate 4.25% New County Tax Revenue $ 1,389 The total annual sales tax revenue that the County will receive is summarized in Table 16.