statutory rate definition

statutory rate in relation to calendar year means the prevailing discount rate determined by the Bank of Tanzania;
statutory rate means the prevailing discount rate determined by the Bank of Tanzania;
statutory rate means the rate of interest specified in 28 U.S.C. § 1961.

Examples of statutory rate in a sentence

  • FORM GE – 1 (3) xiv.Is the Trust recognized under the Income Tax Act?(If yes indicate a copy of the lastrecognition) xv.Rate of contributiona) whether at Statutory Rateb) whether at more than Statutory Rate xvi.Contribution, inspection/administrative charges paid up to the month a) EPF Scheme, 1952 b) EPS-1995 c) EDLI Scheme 1976 xvii.Rate of interest declared from the dateapplied for grant of exemption.

  • If you fail to settle the invoice in full within this time frame, you will pay interest on the overdue amount at the Statutory Rate.

  • Notwithstanding anything to the contrary contained in this Agreement, in the event that Licensee shall receive a royalty or sale fee of any description in connection with the resell of the Tracks, whether sold or licensed directly or indirectly, then Licensee shall account to and pay BeatPick a royalty fee (“Royalty Fee”) which shall amount to 100% of the Statutory Rate and not less than .08 cents per Track.

  • Years ended December 312002 Our Tax Rate is Different from the Statutory Rate — Our total income tax expense (benefit) on income (loss) from continuing oper- ations differs from the statutory rate of 35% of income from continu- ing operations before income taxes as shown in the following table.

  • The Mark-Up Rate must be expressed as a percentage and dollar amount and must include the Statutory Rate expressed as a percentage of the Mark-up Rate.


More Definitions of statutory rate

statutory rate means the rate of interest payable from time to time under the Late Payment of Commercial Debts (Interest) Act 1998;
statutory rate. , in relation to a period, means the Bank of Uganda discount rate at the commencement of that period;
statutory rate in relation to a period, means the Central Bank of Nigeria Minimum Discount Rate at the commencement of that period;
statutory rate means the October 2004 long-term applicable federal rate.
statutory rate means the combined federal and state Income Tax rate that would be applied to taxable income taking into account, where applicable, the deductibility of either the federal or state Income Tax to compute the Tax liability for either federal or state purposes.
statutory rate. The minimum statutory compulsory license rate applicable to a Composition of less than five (5) minutes under the copyright laws of the applicable country. With respect to any Master Recordings not delivered within the time prescribed in Article ___ and ____ above, the Statutory Rate shall be deemed to be the rate in effect upon release of the record.
statutory rate. The minimum statutory compulsory license rate for compositions of less than five (5) minutes under the U.S. copyright laws in effect at the time of release any Album herein. In Canada, the prevailing rate agreed upon by the Canadian recording industry and the Canadian music publishing industry in effect at the time of release any Album herein but in no event shall the Canadian Statutory Rate be greater than the U.S. Rate.