Tax on Capital definition

Tax on Capital means the amount determined by Landlord as the taxes, rates, duties and/or assessments presently or hereafter payable by, levied upon, rated upon, charged to and/or assessed against the permittee and/or sub-permittee from time to time of the Cypress Premises (or if the permittee or sub-permittee of the Cypress Premises at any time is a trust, the beneficiaries of such trust, or if the Landlord permitted or sub-permitted of the Cypress Premises at any time is a partnership, the partners of such partnership, or if there is more than one owner, by each of them), under any legislation of any authority having jurisdiction now or hereafter in effect imposing taxes on account of capital, taxable capital or capital of the owner of the Cypress Premises (or such partners, beneficiaries or persons) which it (or they) have employed or invested, directly or indirectly, in the Cypress Premises, including, without limitation, the amount payable in respect of the tax commonly known as large corporation tax payable under Part 1.3 of the Income Tax Act (Canada), as amended or replaced from time to time. If the permittee of the Cypress Premises (or, if applicable, the partners of the partnership or beneficiaries of the trust which is the permittee of Cypress Premises) owns (or own) more than one property, the amount of the taxes herein referred to which shall constitute Tax on Capital will be determined on the basis of an allocation of such taxes among such properties made by Landlord, acting reasonably, and subject to review by the Tenant.
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Tax on Capital the tax or excise imposed upon the Landlord or the owner of the Land and Building by any governmental authority which is measured or based in whole or in part upon the capital employed by such party(ies) with respect to the Land and Building.
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Tax on Capital means the amount determined by Landlord as the taxes, rates, duties and/or assessments presently or hereafter payable by, levied upon, rated upon, charged to and/or assessed against the owner and/or ground lessee (and for greater certainty, references to owner of a property in this definition of “Tax on Capital” shall include a ground lessee of such property) from time to time of the Commercial Space (or if the owner of the Commercial Space at any time is a trust, the beneficiaries of such trust, or if the owner of the Commercial Space at any time is a partnership, the partners of such partnership, or if there is more than one owner, by each of them), under any legislation of any authority having jurisdiction now or hereafter in effect imposing taxes on account of capital, taxable capital or capital of the owner of the Commercial Space (or such partners, beneficiaries or persons) which it (or they) have employed or invested, directly or indirectly, in the Commercial Space, including, without limitation, the amount payable in respect of the tax commonly known as large corporation tax payable under Part 1.3 of the Income Tax Act (Canada) and the tax payable under the Corporation Capital Tax Act (British Columbia), as amended or replaced from time to time. If the owner or owners or ground lessee or ground lessees of the Commercial Space (or, if applicable, the partners of the partnership or beneficiaries of the trust which is the owner of the Commercial Space ) own or lease more than one property, the amount of the taxes herein referred to which shall constitute Tax on Capital will be determined on the basis of an allocation of such taxes among such properties made by Landlord, acting reasonably.
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Examples of Tax on Capital in a sentence

  • TaxationProfit from the redemption of unit shares in the Fund is liable for tax in Iceland in accordance with Act No. 90/2003 on Income Tax and withholding tax in accordance with Act No. 94/1996 on Withholding Tax on Capital Gains.

  • Tax on Capital Gains WorksheetEnter the tax amount calculated from a or b.a Tax Table, Tax Rate Schedule, or Tax on CapitalGains Worksheet b Form N-168 or Form N-615 c Enter any additional tax from Form N-2, Distributionfrom an Individual Housing Account.

  • Tax on Capital GainsAs per the provisions of section 2(42A) of the Act, a unit of an equity oriented Mutual Fund, held by the investor as a capital asset, is considered to be a short-term capital asset, if it is held for 12 months or less from the date of its acquisition by the unit holder.

  • For more information see the instructions for Schedule H.SCHEDULE CComputation of Tax on Capital BaseThe tax on capital base does not apply to certain filers.

  • Tax on Capital Gains WorksheetNote: Do not use this worksheet if (1) you do not have a Hawaii net capital gain, or (2) your taxable income is $48,000 ($24,000 for Single, and Married Filing Separately; or $36,000 for Head of Household clas- sifications) or under.1. Enter your taxable income from Form N-15, line 43 2.

  • Taxation‌Profit from the redemption of unit shares in the Fund is liable for tax in Iceland in accordance with Act No. 90/2003 on Income Tax and withholding tax in accordance with Act No. 94/1996 on Withholding Tax on Capital Gains.

  • Non Resident Investor – 20% (Plus applicable Surcharge and Cess)(b) Tax on Capital Gains* 1.

  • Enter the smaller of the gain on line 13 or the gain on line 14 on the Tax on Capital Gains Work- sheet, line 2, on page 41.If line 14 is a (loss), continue with the rest of the worksheet below to figure what to enter on Form N-15 and how much of your loss you can carry over to next year.15.Enter ($3,000), or, if married filing separately, ($1,500) ..

  • If lines 13 and 14 are both gains, you may be able to reduce your tax by using the Tax on Capital Gains Worksheet on page 41 if your taxable income is over $48,000 ($24,000 for Single, and Married Filing Separately; or $36,000 for Head of Household classifications).

  • Tax on Capital Gains on transfer of Mutual Fund Units Long Term Capital Gains Equity-oriented Mutual FundAll Unit HoldersWith effect from 1 April 2018 the exemption on long term capital gains on sale of Units as provided in clause (38) of section 10 of the Act has been withdrawn and section 112A of the Act for taxability of long-term capital gain arising from transfer of a long-term capital asset being a unit of equity- oriented fund has been introduced.


More Definitions of Tax on Capital

Tax on Capital means the amount determined by Landlord as the taxes, rates, duties and/or assessments presently or hereafter payable by, levied upon, rated upon, charged to and/or assessed against the owner and/or ground lessee from time to time of the Leased Property (or if the owner of the Leased Property at any time is a trust, the beneficiaries of such trust, or if the owner of the Leased Property at any time is a partnership, the partners of such partnership, or if there is more than one owner, by each of them), under any legislation of any authority having jurisdiction now or hereafter in effect imposing taxes on account of capital, taxable capital or capital of the owner of the Leased Property (or such partners, beneficiaries or persons) which it (or they) have employed or invested, directly or indirectly, in the Leased Property, including, without limitation, the amount payable in respect of the tax commonly known as large corporation tax payable under Part 1.3 of the Income Tax Act (Canada) and the tax payable under Corporation Capital Tax Act (British Columbia), as amended or replaced from time to time. If the owner or owners of the Leased Property (or, if applicable, the partners of the partnership or beneficiaries of the trust which owns the Leased Property) owns (or own) more than one property, the amount of the taxes herein referred to which shall constitute Tax on Capital will be determined on the basis of an allocation of such taxes among such properties made by Landlord, acting reasonably.
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Tax on Capital means an amount calculated as follows:
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Tax on Capital. Tax on Capital imposed for the fiscal year ended April 30, 1999.
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Related to Tax on Capital

  • Return on Capital means as to any Performance Period, Profit divided by invested capital.

  • Per capita income means the average for the most recent three years for

  • Capital means the share capital from time to time of the Company;

  • GP-Related Net Income (Loss) has the meaning set forth in Section 5.1(b).

  • Adjusted Working Capital means the remainder of (a) the consolidated current assets of the Obligors minus the amount of cash and cash equivalents included in such consolidated current assets, minus (b) the consolidated current liabilities of the Obligors minus the amount of consolidated short-term Debt (including current maturities of long-term Debt) of the Obligors included in such consolidated current liabilities.

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Net Capital Net Capital shall mean "net capital" as defined in Rule 15c3-1.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Net Working Capital means, at any time, Consolidated Current Assets at such time minus Consolidated Current Liabilities at such time.

  • Unrecovered Capital means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Net Income (Loss) means with respect to any Person and for any period, the aggregate net income (or loss) after taxes of such Person for such period, determined in accordance with GAAP.

  • Net Equity Proceeds means, with respect to each issuance or sale of any equity by any Person or any capital contribution to such Person, the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received by such Person from the respective sale or issuance of its equity or from the respective capital contribution.

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Unreturned Capital means, with respect to a Preferred Unit or a ------------------ Class L Common Unit, the excess, if any, of the Capital Contribution made or deemed made in exchange for or on account of such Unit over all Distributions made by the Partnership that constitute a return of the Capital Contribution therefor pursuant to Section 4.1(a)(ii) or 4.1(a)(iv).

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.

  • Actual Working Capital has the meaning set forth in Section 2.7(a).

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

  • Tax Benefit means any refund, credit, or other item that causes reduction in otherwise required liability for Taxes.

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Income or Net Loss means, for each Fiscal Year or other applicable period, an amount equal to the Partnership’s taxable income or loss for such year or period, as determined for federal income tax purposes, determined by the Accountants in accordance with Section 703(a) of the Code (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Section 703(a) of the Code shall be included in taxable income or loss), with the following adjustments:

  • Net Income means, with respect to any Person, the net income (loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Accounting Event means the receipt by the Issuer of an opinion of an Authorized Public Accountant in Finland (reputable and experienced in such matters) to the effect that, as a result of a change in the applicable accounting standards or interpretation thereof, the equity treatment of the Capital Notes as “equity” in full in the Issuer’s consolidated financial statements has or will cease.