Taxable Gain definition

Taxable Gain means any "taxable capital gain" as defined in paragraph 1 of Schedule 8 to the Income Tax Act; and
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Taxable Gain means that amount of the consideration from sale of shares received or receivable in accordance with the provisions of Division 14B;
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Taxable Gain means any "taxable capital gain" as defined in paragraph 1 of the Eighth Schedule to the Income Tax Act.
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Examples of Taxable Gain in a sentence

  • Such determination shall be made as soon as is administratively feasible after each event which gave rise to each such Separate Taxable Gain.

  • Taxable Gain Or Loss" shall mean profit or loss recognized by Palace on the sale, exchange or other disposition of any LLC property, as computed for federal income tax purposes.

  • To the extent Redeemed Taxable Gain or Redeemed Taxable Loss is allocated pursuant to this Section 4.5(a)(ii), the Company shall take such allocation into account in allocating the remaining taxable gain or taxable loss to the Redeemed Member (with respect to Units not redeemed) and the other Members.

  • The amount that the Spin Out Taxable Gain exceeds ten million dollars ($10,000,000), if any, is as set forth on Section 4.16(m) of the Company Disclosure Schedule.

  • If, and to the extent, the Redeemed Member shall have Redeemed Member Gain Potential, the Company shall allocate to such Redeemed Member an amount of Redeemed Taxable Gain equal to the lesser of the Redeemed Taxable Gain or the Redeemed Member Gain Potential.


More Definitions of Taxable Gain

Taxable Gain means any “taxable gain“ as defined in paragraph 1 of Schedule 8 to the Income Tax Act; and “Taxable Income“ means any “taxable income“ as defined in section 1 of the Income Tax Act.
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Taxable Gain means any “taxable capital gain” as defined in paragraph 1 of Schedule 8 to
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Related to Taxable Gain

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • 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 means either:

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Precontribution Gain has the meaning set forth in subparagraph 4(c) of Exhibit B.