Examples of Tax Rate in a sentence
Thus, the formula for calculating the Interconnection Customer's liability to the Participating TO pursuant to this Article 5.17.4 can be expressed as follows: (Current Tax Rate x (Gross Income Amount – Present Value of Tax Depreciation))/(1-Current Tax Rate).
Table 9 One Time Sales Tax Revenue, Renovation Phase Total New Earnings $ 2,314,856 Amount Spent in County (70%) $ 1,620,399 Amount Taxable (25%) $ 405,100 County Sales Tax Rate 4.25% New County Tax Revenue $ 17,217 Source: Nassau County, Camoin Associates As a result of the renovation phase employment, the County would receive approximately $17,217 in new sales tax revenue from the economic impacts of renovation.
Thus, the formula for calculating Transmission Developer’s liability to Connecting Transmission Owner pursuant to this Article 5.12.4 can be expressed as follows: (Current Tax Rate x (Gross Income Amount - Present Value Depreciation Amount))/(1 - Current Tax Rate).
Thus, the formula for calculating Developer’s liability to Connecting Transmission Owner pursuant to this Article 5.17.4 can be expressed as follows: (Current Tax Rate x (Gross Income Amount - Present Value of Tax Depreciation))/(1 - Current Tax Rate).
The Tax Distributions payable with respect to any Fiscal Year shall be computed based upon the General Partner’s estimate of the highest allocable Net Taxable Income to the Unit in the hands of the applicable Partner in accordance with Article V, multiplied by the Assumed Tax Rate (the “Tax Amount”).