Tax collections definition
Examples of Tax collections in a sentence
Merchant will be given access to the computation of gross receipts for verification of all such Sales Tax collections.
Funds received under this Contract are from the City’s Hotel Occupancy Tax collections.
The City and NTIFA shall use commercially reasonable efforts to collect and account for Incremental Sales Tax collections within TIF 4 that are generated outside of the Property.
Tax collections are rendered to the appropriate taxing entity and are never retained in whole or in part by GTL.
The City hereby covenants and agrees to provide annual financial information relating to Hotel Motel Tax collections and reports of other listed events as required pursuant to Rule 15c2-12 promulgated by the Securities and Exchange Commission as described in any continuing disclosure undertaking (a “Continuing Disclosure Undertaking”) delivered by the City upon the issuance and delivery of the Bonds.
Tax collections are to be initially deposited into the Tax Collector’s account.
Merchant will be given access to the computation of gross receipts for verification of all Sales Tax collections, and Agent warrants the accuracy of all information Agent provides to Merchant relating to Sales Taxes.
The financial liability of the City for failure to perform any of its obligations under this Funding Agreement shall be limited to the City’s Hotel Motel Tax collections.
Employer shall on a monthly basis file a report with District and City by the due date(s) required for reporting City Sales Tax collections, which sets forth the full amount of Credit PIF Revenue collected in the same manner as it reports City Sales Tax.
So long as any Loan or Parity Loans issued under this Agreement are unpaid, the legislative body of the District covenants to levy the Special Taxes in accordance with the Rate and Method of Apportionment, to deposit all proceeds of the Special Tax collections into Special Tax Fund A and to apply the Special Taxes only in a manner consistent with the provisions of this Agreement.