Tax Exemptions definition

Tax Exemptions. Means exemptions from Companies Income Tax, Value Added Tax and Personal Income Tax respectively granted under the Companies Income Tax (Exemption of Bonds and Short-Term Government Securities) Order, 2011; the Value Added Tax (Exemption of Proceeds of the Disposal of Government and Corporate Securities) Order 2011; and the Personal Income Tax (Amendment) Act 2011; Federal Inland Revenue Service Guidelines on Tax Implications of Non-Interest Banking in Nigeria, 2013; and Finance Act 2020. Taxes: Any tax, levy, impost, duty or other charge or withholding of a similar nature (including any related penalty or interest).
Tax Exemptions means those revenue losses attributable to provisions
Tax Exemptions means [any reductions in or exemptions or relief from generally applicable tax which would have otherwise been applicable to a Contractor].]

Examples of Tax Exemptions in a sentence

  • The Company shall annually file a statement with the State Department of Taxation and Finance (the "Commissioner") on "Annual Report of Sales and Use Tax Exemptions" (NYS Form ST-340, a copy of which is attached hereto as Exhibit D) regarding the value of Sales Tax Exemption the Company and its Subagents, if any, have claimed pursuant to the agency conferred on the Company with respect to the Project in accordance with General Municipal Law Section 874(8).

  • Vendor shall submit the declaration to the state tax authority at its location taking into account the abovementioned operations and mentioning VAT exemption code according to the Tax Exemptions Directory.

  • Except for items specifically identified by the Contractor and accepted by the County for direct County purchase under the Sales Tax Recovery Program, Contractors doing business with the County are not exempt from paying sales tax to their suppliers for materials to fulfill contractual obligations with the County, nor will any Contractor be authorized to use any of the County's Tax Exemptions in securing such materials.

  • The Company shall annually file a statement with the State Department of Taxation and Finance (the "Commissioner") on NYS Form ST-340, entitled "Annual Report of Sales and Use Tax Exemptions" (a copy of which is attached hereto as Exhibit D) regarding the value of Sales Tax Exemption the Company and its Subagents, if any, have claimed pursuant to the agency conferred on the Company with respect to the Project in accordance with General Municipal Law Section 874(8).

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Visitation, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.

  • The Company shall file annually a statement with the State Department of Taxation and Finance (the "Commissioner") on "Annual Report of Sales and Use Tax Exemptions" (NYS Form ST-340, a copy of which is attached hereto as Exhibit D) regarding the value of Sales Tax Exemption the Company and its Subagents, if any, have claimed pursuant to the agency conferred on the Company with respect to the Project in accordance with General Municipal Law Section 874(8).

  • Without limiting the generality of the foregoing, Seller shall procure all possible exemption certificates for all state, county, and local sales and use Taxes related to the transfer of the Tangible Personal Property under the Contemplated Transactions under applicable laws ("Sales and Use Tax Exemptions").

  • Except for items specifically identified by the CONTRACTOR and accepted by the COUNTY for direct COUNTY purchase under the Sales Tax Recovery Program, CONTRACTOR is not exempt from paying sales tax to its suppliers for materials to fulfill contractual obligations with the COUNTY, nor will CONTRACTOR be authorized to use any of the County’s Tax Exemptions in securing such materials.

  • Tax Exemptions: When purchasing directly from a supplier the School District of Manatee County, Florida is exempt from Federal Excise, State Sales and Use Taxes.

  • For this reason each party desires to settle fully and finally all aspects and rights, by this agreement, of the marital affairs including, but not limited to; Property and Debt Distribution, Retirement/Pension/Profit Sharing/401k Accounts, Spousal Maintenance, Child Custody, Parenting Time, Child Support, Medical and Health Insurance, Secondary School Expenses, Child care, Tax Exemptions, and Income Tax Returns.


More Definitions of Tax Exemptions

Tax Exemptions means those revenue losses attribut- able to provisions of the state tax statutes or rules promul- gated pursuant to such statutes, which allow a special ex- clusion, exemption, or deduction from gross income or sales or which provide a special credit, a preferential rate of tax, or a deferral of tax liability.

Related to Tax Exemptions

  • Tax Exemption means any financial assistance granted to a project which is based upon all or a portion of the taxes which would otherwise be levied and assessed against a project but for the involvement of the Agency in such project.

  • Tax Exemption Certificate means the Tax Exemption Certificate approved under the terms of this Resolution and to be executed by the Treasurer and delivered at the time of issuance and delivery of the Notes.