State Income Taxes definition

State Income Taxes means any Tax imposed by any State of the United States or by any political subdivision of any such State which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.
State Income Taxes means any income or franchise tax imposed under the tax law of any state (or political subdivision thereof) including, without limitation, corporate income taxes and minimum taxes.
State Income Taxes means any United States state or local Taxes determined by reference to income, net worth, gross receipts or capital, or any such Taxes imposed (including franchise or similar Taxes) in lieu of income Taxes.

Examples of State Income Taxes in a sentence

  • The Cost of Capital Rate shall equal the proposed Weighted Costs of Capital plus Federal Income Taxes and State Income Taxes.

  • The Company shall submit to the Illinois Department of Revenue a copy of the Director’s Certificate of Verification for each Taxable Year that the Company claims the Credit, provided that the failure to submit a copy of the Certificate with the Company’s annual return filed for Illinois State Income Taxes shall not invalidate a claim for a Credit.

  • Pursuant to Section 211(4) of the Illinois Income Tax Act, the Company may carryforward any Unused Credit and apply it to its Illinois State Income Taxes imposed in the five (5) Taxable Years following the Taxable Year in which there is Unused Credit so long as the Company is in compliance with the terms and conditions of this Agreement, and subject to the limitations on the total amount of Credits for all Taxable Years, as set forth in Sections IV.B through IV.D.

  • The Contractor shall be wholly responsible for paying all of its own taxes, including Federal and State Income Taxes, FICA, FUTA, Worker’s Compensation, Unemployment and Single Business taxes to the extent that any or all of the foregoing are applicable.

  • The Department hereby awards, subject to the terms and conditions of this Agreement, a Credit for the Company against its Illinois State Income Taxes imposed for a Taxable Year on or after January 1, 2021 in the amount and for the duration set forth in Sections II.B through II.D.


More Definitions of State Income Taxes

State Income Taxes has the meaning set forth in Section 10.2(e).
State Income Taxes means all Taxes measured on or by income imposed by any State of the United States of America or political subdivision thereof and shall include State Taxes denominated or in the nature of franchise Taxes including, but not limited to, the Michigan Single Business Tax.
State Income Taxes means all state or local income Taxes or other state or local Taxes based on income including, without limitation, any franchise Taxes. "Stock Plan Transaction" means any transaction under the A-BC Stock Plan including, without limitation, the exercise of any Beracha TEC Deductible Option or the sale of any stock of A-BC that was acquired pursuant to the exercise of an incentive stock option (as defined in Section 422 of the Code), but excluding an transaction related to stock options held or exercised by Jaxxx Xxxxxxxx. "Tax" and "Taxes" mean any form of taxation, whenever created or imposed, and whenever imposed by a national, municipal, governmental, state, federal, for-
State Income Taxes means all Income Taxes imposed by any state or political subdivision thereof. "Subsidiary" of any party means (i) a corporation of which more than 50% of the voting or capital stock is owned, directly or indirectly, by such party and (ii) any partnership, limited liability company, association or other entity in which such party owns, directly or indirectly, more than 50% of the equity interests or has the power to elect a majority of the members of the governing body of such entity, but only with respect to entity-level Taxes, if any, imposed on such partnership, limited liability company, association or other entity.
State Income Taxes shall have the meaning set forth in Section 6.9(g).
State Income Taxes all income taxes (and other taxes measured by net income or net gain) imposed by any State of the United States (including any political subdivision thereof) or the District of Columbia, and any interest, penalties and additions imposed with respect to such taxes. Tax Benefit: the Tax effect of any loss, deduction, credit or other item that decreases Taxes paid or payable. Tax Detriment: the Tax effect of any income, gain, recapture of credit or other item that increases Taxes paid or payable. Tax Returns: all returns, declarations, reports, claims for refund, information returns, statements and other forms required to be filed with respect to any Taxes, including any schedule or attachment thereto and any amendments thereof. Taxes: all taxes, however denominated, imposed by any government or governmental entity, and any interest, penalties and additions imposed with respect thereto.
State Income Taxes means any income or franchise Tax imposed under the Tax Law of any state (or political subdivision thereof)