Tax Receipts definition

Tax Receipts means any monies collected or paid in respect of a tax liability (including a prospective or estimated tax liability).
Tax Receipts means all tax information slips and receipts required for filing your income tax return such as T4RSP, T5, RRSP contribution receipt and Provincial Tax equivalent.
Tax Receipts means receipts derived by the City from the levy of the Library Tax or the Special Tax Collections.

Examples of Tax Receipts in a sentence

  • The Executive will receive the Reduced Amount if the Reduced Amount results in equal or greater Net After Tax Receipts than the Net After Tax Receipts that would result from the Executive receiving the total Parachute Payments.

  • It is the intention of the Company and the Executive to reduce the Parachute Payments under this Agreement and any other plan, agreement or arrangement only if the aggregate Net After Tax Receipts to the Executive would thereby be increased.

  • If it is determined that the total payments should be reduced to the Reduced Amount, any reduction shall be in the order that would provide the Executive with the largest amount of Net After Tax Receipts (subject to the remainder of this sentence, pro rata if two alternatives provide the same result) and shall, to the extent permitted by Code Section 280G and 409A be designated by the Executive.

  • It is the intention of the Company and the Executive to reduce the payments under this Agreement and any other plan, agreement or arrangement only if the aggregate Net After Tax Receipts to the Executive would thereby be increased.

  • The Executive will receive the Reduced Amount if the Reduced Amount results in equal or greater Net After Tax Receipts than the Net After Tax Receipts that would result from the Executive receiving the total payments due.


More Definitions of Tax Receipts

Tax Receipts means collectively (i) 75% of the receipts derived by the City from the levy of A&P Tax No. 1 and (ii) 100% of the receipts derived by the City from the levy of A&P Tax No. 2.
Tax Receipts means the tax revenue collected from the 2023 Tax Levy; provided, however, such “tax revenue collected” shall not include any Tax Increment Revenue paid or payable to the School District pursuant to Section 8 of the TIF Act.
Tax Receipts means the tax revenue collected from the 2024 Tax Levy.
Tax Receipts means the gross annual amount of funds collected by the City from all taxes, income and property.
Tax Receipts means the amounts refunded or otherwise paid to the Company with respect to federal, state, and local income taxes, including (without limitation) payments made to the Company directly or indirectly by a taxing authority and payments made to the Company by an Affiliate under a tax sharing agreement, increased by the amount of any asset reflecting a receivable for such tax refunds or tax sharing payments taken into account under clause (vii)(A) of Section 3.6(a) on the date on which the determination of the amount of Tax Receipts is relevant. "Temporary Investments" means all cash or cash equivalents including, without limitation, cash on deposit in financial institutions, certificates of deposit, commercial paper treasury bills and other high quality short-term debt obligations rated at least A-1 by S&P and P-1 by Moody's and having a maximum maturity of one year or less together with money market mutual funds the assets of which consist solely of such instruments. "Third Appraiser" shall have the meaning provided in Section 3.6(b). "Trust" means the trust created under the Trust Agreement dated as of December 31, 1997 between BTNY and First Security Bank, National Association. "Undistributed Preferred Return" means, for each Class A Preferred Share on any given date, the excess of the cumulative accrued Preferred Return with respect to such Share through the day before such date over the cumulative distributions of Preferred Return pursuant to Section 3.3 or Section 3.4 with respect to such Share through such date (or, if such date is not a Business Day, through the next Business Day thereafter). "Voluntary Bankruptcy" shall have the meaning set forth in the definition of "Bankruptcy."
Tax Receipts means all proceeds derived by the City from its one percent (1%) local sales and use tax levied pursuant to Ordinance 081-42 adopted September 24, 1981.
Tax Receipts means receipts derived by the City from the levy of the Tax.