Tax Factor definition

Tax Factor means the quotient, expressed in dollars and cents, of (i) the Taxes payable for any Tax Year subsequent to the Base Tax Year, divided by (ii) the Center Tax Area for such Tax Year.
Tax Factor means one divided by one minus the Top Marginal Rate of Tax.
Tax Factor means the product of (i) 100% minus the second highest marginal federal income tax rate for married individuals filing joint returns for the calendar year during which the lump sum amount under this Section 6.01 is paid and (ii) 100% minus the maximum marginal state income tax rate, if any, for married individuals filing joint returns in the state of the Participant’s residence for the calendar year during which the lump sum amount under this Section 6.01 is paid.

Examples of Tax Factor in a sentence

  • Tax Factor shall not be considered in the index calculation in section C) 1) on that simulated day.

  • Tax Factor shall not be considered in the index calculation in section C) 1) on such simulated Index Calcula- tion Day.

  • The State's estimated cost for the road life consumed by the detour is based on the data below: Route Tax Factor ADT Road Length (Miles) Duration (Days) Cost C.S.A.H. 3 0.00513 3,797 13.90 82 $22,201.72 Road Life Consumed Amount: $22,201.72 3.2. For Maintenance.

  • In no event shall any decrease in Expense Factor or Tax Factor in any Comparison Year below the Base Expense Factor or Base Tax Factor, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.


More Definitions of Tax Factor

Tax Factor means the greater of: (i) sixty-four percent (64%); or (ii) the difference between one hundred percent (100%) and the highest marginal individual income tax rate set forth in the Internal Revenue Code of 1986, as amended, in the year in which Employee receives the portion of the Restricted Shares with respect to which this bonus is being calculated.
Tax Factor means A ÷ B
Tax Factor means an amount equal to (x) The Percentage for real estate tax escalation (2.5868%) multiplied by (y) the real estate taxes payable for the base tax year. The following illustrates the manner in which the above is intended to operate: For example only: If the Expenses for the base year are $13,500,000 and the real estate taxes payable for the base tax year are $12,500,000, then the Expense Factor would be:
Tax Factor means a factor annually established by the administrator. The
Tax Factor means A ÷ B, where A is one; and B is the aggregate of: (i) one; and (ii) one multiplied by the rate of tax under Part VI .1 of the Tax Act applicable to a dividend on the Resverlogix Royalty Preferred Shares;
Tax Factor means the quotient, expressed in dollars and cents, of (i) the Taxes payable for any Tax Year during the Term, divided by (ii) the Center Tax Area for such Tax Year. (k) “Tax Year” means the 12 month period commencing July 1 of each year, or such other 12 month period as may be duly adopted as the fiscal year for real estate tax purposes by the City of New York. Section 7.2
Tax Factor means the quotient, expressed in dollars and cents, of (i) the Taxes payable for any Computation Year subsequent to the Base Tax Year, divided by (ii) the Center Tax Area for such Computation Year.