Taxable earnings definition

Taxable earnings means the total taxable earnings received during the calculation year except the following:
Taxable earnings. The INDEPENDENT CONTRACTOR, in signing this contract, acknowledges that the DISTRICT will report all earning to the California State Franchise Tax Board and the Internal Revenue Service as required by the law. The INDEPENDENT CONTRACTOR is solely responsible for the payment of taxes on all income generated from this contract.
Taxable earnings means earnings within Chapters 4 and 5 of Part 1 of the Act;

Examples of Taxable earnings in a sentence

  • Taxable earnings differ from earnings before taxes due to items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible.

  • Taxable earnings differs from earnings before taxes due to items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible.

  • Taxable earnings differs from earnings as reported in the consolidated statement of earnings because it excludes temporary and permanent differences.

  • Taxable earnings differ from accounting earnings reported in the Consolidated Statements of Operations due to differences in timing of amounts deductible or taxable for tax purposes and due to exclusions of items that are not taxable or deductible.

  • Taxable earnings from need-based employment programs, such as Federal $ Work-Study and need-based employment portions of fellowships and assistantships.

  • Taxable earnings differ from the earnings before tax reported in the consolidated income statement, as these do not include income and expense items that were taxable or tax-deductible in other years, as well as items on which no tax is generally incurred, or which are generally not tax- deductible.

  • Taxable earnings differ from the earnings before tax reported in the consolidated income statement, as these do not include income and expense items that were taxable or tax-deductible in other years, as well as items on which no tax is generally incurred, or which are generally not tax-deductible.

  • Taxable earnings differ from earnings as reported in the consolidated statements of earnings as it excludes temporary and permanent differences.

  • Fifty percent of community level sub-grants will be earmarked for beneficiaries meeting the criteria of most vulnerable (to be defined in the PIM).

  • Taxable earnings on funds reimbursed from the reclamation account shall be allocated in proportion to the account balances on the date that the income was earned.


More Definitions of Taxable earnings

Taxable earnings net taxable income recognized by the Company as determined under the Code.

Related to Taxable earnings

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Taxable income means, in the case of an individual, federal adjusted gross income determined without regard to 26 U.S.C. § 168(k) and:

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Employee Taxes means all taxes, assessments, charges and other amounts whatsoever payable in respect of, and measured by the wages of, the Vendor’s employees (or subcontractors), as required by the Federal Social Security Act and all amendments thereto and/or any other applicable federal, state or local law.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Transaction Payroll Taxes means the employer portion of any payroll or similar Taxes, including employment insurance contributions and premiums incurred by the Company prior to the Closing in connection with any bonuses, retention, change-in-control or similar payments in connection with the Transactions.