Taxable definition

Taxable means either:

Taxable shall have a correlative meaning.

Taxable shall have the meaning given to that term in Clause 6.1(n)(ii);

Examples of Taxable in a sentence

• In no event shall a tax credit be extended for a period greater than ten (10) Taxable Years commencing with the First Eligible Taxable Year, as required pursuant to Indiana Code § 6-3.1-13-18(a).

• The Base Withholding Amount will be adjusted each Taxable Year for inflation, using the United States Bureau of Labor Statistics Compensation (Not Seasonally Adjusted): Employment Cost Index for Total Compensation, private industry workers.

• The Company may earn a tax credit under the Agreement for one or more Taxable Years.

• The First Eligible Taxable Year is the first Taxable Year for which the Company is eligible to earn a tax credit under the Agreement.

• The Maximum Credit Amount is the amount of tax credits the Company may earn during the Taxable Years between the First Eligible Taxable Year and the Eligibility Deadline.

More Definitions of Taxable

Taxable means that interest on the Bonds (including for this purpose the Refunding Obligations) is includable in the gross income of any Holder thereof for any reason other than the fact that such Holder is a "substantial user" of the Project or a "related person" as those terms are used in Section 147(a) of the Code. Interest on the Bonds shall not be deemed "Taxable" because interest is includable in any calculation of income for purposes of any alternative minimum tax, any foreign branch profits tax or any other type of taxation other than the regular federal tax imposed on gross income.

Taxable means, with respect to any bonds, that the bonds are not tax-exempt.

Taxable means, with respect to the Bonds, the status of interest paid and received thereon as includible in gross income of the owners thereof for federal income tax purposes.

Taxable shall have the meaning as set forth in Section 4.13(e) hereto.

Taxable means that, for purposes of federal income taxation, interest on the Series 2024 Warrants is includible in the gross income of any Holder thereof for any reason. Interest on the Series 2024 Warrants shall not be deemed “Taxable” because interest is includible in any calculation of income for purposes of an alternative minimum tax, a foreign branch profits tax or any other type of taxation other than the regular tax imposed on gross income.

Taxable have the meaning specified in Section 6.18.

Taxable means subject to the 5% GST or to the HST rate in effect in a particular province. “Zero- rated” means subject to the GST/HST at 0%.