Tax Assistance definition

Tax Assistance means the cancellation of the Municipal Tax Increment levied on the Eligible Property during the Development Period for municipal purposes in accordance with the terms of this by-law and the CIP.

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Tax Assistance means the deferral or cancellation of taxes for municipal and education purposes levied on the Eligible Property during the Rehabilitation Period and the Development Period pursuant to this By-Law. In the period before the Owner’s obligations under this By-Law have been met, Tax Assistance shall take the form of a deferral of taxes. Once the City of Kingston has confirmed that the Owner’s obligations under this By-Law have been met, Tax Assistance shall take the form of a cancellation of taxes.

Tax Assistance means the cancellation of all or a portion of the Municipal Tax Increment levied on the Eligible Property for municipal purposes, in accordance with the terms of this by-law and the CIP.

Examples of Tax Assistance in a sentence

However, in view of the uncertainty concerning application of Section 4999 of the Code (or any successor provision thereto) at the time of any determination made hereunder by the Accounting Firm, it is possible that a Tax Assistance Payment that should have been made by the Company will not have been made ("Underpayment"), consistent with the calculations required to be made hereunder.
If the Accounting Firm determines that any Excise Tax is payable by the Executive, the Company shall pay the required Tax Assistance Payment to the Executive within 10 business days after the Company receives such determination and calculations with respect to any Payment to the Executive.
Each year a mailing is sent with a letter from the Commissioner to all recipients with reported wages, information on free Income Tax preparation including local Volunteer Income Tax Assistance (VITA) sites, and information on Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
Furthermore, the Company's control of any such contested claim shall be limited to issues with respect to which a Tax Assistance Payment would be payable hereunder, and the Executive shall be entitled to settle or to contest, as the case may be, any other issue(s) raised by the Internal Revenue Service or any other taxing authority.
You shall notify the Corporation in writing of any claim by the Internal Revenue Service that, if successful, would require the Corporation to pay a Tax Assistance Payment.

More Definitions of Tax Assistance

Tax Assistance means the cancellation of the school tax portion of the Tax Increment, in accordance with section 2.

Tax Assistance means, with respect to an eligible property, the cancellation or deferral of taxes pursuant to a by-law passed under subsection (2). (“aide fiscale”) 2006, c. 11, Sched. A, s. 333 (1); 2006, c. 32, Sched. B, s. 65 (1-3).

Tax Assistance means, with respect to an eligible property, the cancellation or deferral of taxes pursuant to a by-law passed under subsection (2). (“aide fiscale”) 2002, c. 17, Sched. A, s. 68; 2005, c. 31, Sched. 17, s. 1 (1-3).

Tax Assistance means the cancellation of the Municipal Tax Increment in accordance with the terms of this by-law, the Financial Incentives Agreement and the CIP.

Tax Assistance means brownfield remediation tax assistance in the form of cancellation of the Municipal Tax Increment in accordance with the terms of this by-law and the CIP and as set out in the Financial Incentives Agreement. The Tax Assistance provided for in this by-law relates only to the westerly portion of the Property upon which an eight storey, new build office building known as the "Atlantic-Liberty Building, and as more specifically described in the IMIT Property Tax Incentive Application attached as Schedule "D" to the Financial Incentives Agreement, is to be located. The Tax Assistance provided for under this by-law does not include any other development on the Property.

Tax Assistance. Compaq will loan you $2,500,000 on a full recourse basis to assist you in defraying taxes associated with certain aspects of this Agreement (the "Tax Assistance Loan"). The Tax Assistance Loan will be secured by 125,000 shares of Compaq common stock currently owned by you. The proceeds of any sale of those shares prior to repayment of the Tax Assistance Loan shall be used to retire any outstanding balance on the Tax Assistance Loan. The Tax Assistance Loan will bear interest at a fixed rate which will be the minimum rate required under Section 7872 of the Internal Revenue Code of 1986, as amended, in order that the loan is not considered a below market interest loan. Principal and interest on the loan will be due and payable on the earlier of the fifth anniversary of this Agreement or, if you separate from employment under circumstances that do not constitute a Qualifying Termination, as defined be▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ the termination of your employment with Compaq.

Tax Assistance means federal and state tax return preparation and filing that is ongoing from