Specific tax definition

Specific tax means a tax levied under 1974 PA 198, MCL 207.551 to 207.572.
Specific tax means a tax levied under any of the following:
Specific tax means a tax levied under the Plant Rehabilitation and Industrial Development Act, Act 198 of the Public Acts of 1974, MCL 207.551 to 207.572; the Commercial Redevelopment Act, Act No. 255 of the Public Acts of 1978, MCL 207.651 to 207.668; the Enterprise Zone Act, Act No. 224 of the Public Acts of 1985, MCL 125.2101 to 125.2123; Act No. 189 of the Public Acts of 1953, MCL 211.181 to 211.182; or the Technology Park Development Act, Act No. 385 of the Public Acts of 1984, MCL 207.701 to 207.718.

Examples of Specific tax in a sentence

  • Specific tax questions must be resolved by reference to the applicable contract terms and to the pertinent tax laws and regulations.

  • Specific tax: it is established in relation to quantity, for example, a set quantity of cigarettes, or by weight.

  • Specific tax rates may apply if these instruments are sold when such commercial (independent) activity ceases or is sold.

  • Specific tax consequences may be applicable to certain categories of corporations, e.g. investment companies and life insurance companies, not described below.

  • Specific tax incentives also boosted rather than restrained the overheated construction sector.

  • Specific tax legislation exists to ensure that they are treated as partnerships for tax purposes, rather than as companies.

  • Specific tax provisions of the bill include: reducing the federal excise tax to $3.50 per barrel on the first 60,000 barrels for domestic brewers producing fewer than 2 million barrels annually; reducing the federal excise tax to $16 per barrel on the first 6 million barrels for all other brewers and all beer importers; keeping the excise tax at the current $18 per barrel rate for barrelage over 6 million.

  • Specific tax expenses Starting with the year 2017, with the entry into force of Law no.170 / 2016 regarding the specific tax for certain activities, the company owes this type of tax for the activity of the canteen that operates under its subordination.

  • Specific tax treatment guidelines are covered on the Affidavit of Domestic Partnership form.

  • Specific tax problems which may arise in connection with inland waterways transport, in particular between adjacent countries, could also be settled specially by bilateral agreement.


More Definitions of Specific tax

Specific tax means a tax levied under 1974 PA 198, MCL
Specific tax means a tax levied under any of the following: (i) 1974 PA 198, MCL 207.551 to 207.572.

Related to Specific tax

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

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • VAT means Value Added Tax