Taxable Interest definition

Taxable Interest means an interest in real property subject to assessment and taxation.

Taxable Interest means, in relation to a property,

Taxable Interest means interest which is included in gross income of the Registered Owner for federal income tax purposes, including, without limitation, the Taxable Interest Rate borne by the Bonds prior to the Tax- Exempt Reissuance Date.

Examples of Taxable Interest in a sentence

• Interest income which should be reported includes earnings from savings and loan associations, mutual savings banks, cooperative banks, credit unions, and bank deposits; state and municipal bonds (see instructions for IA 1040, line 2, Taxable Interest Income), and interest from tax refunds.

• Thereafter, the Bonds shall bear Taxable Interest as defined in this Section and as provided in this Section on the Bonds Outstanding on each Payment Date.

• Anything herein to the contrary notwithstanding, in the event that the Village is unable to provide a legal opinion that the Developer Note is tax exempt, the sole remedy for Developer shall be earning the higher, Taxable Interest Rate specified in the Developer Note.

• Taxable Interest payable on the Bonds for purposes of this Section shall be at a floating rate equal to the Prime Rate plus 1.0%, adjusted on the first day of each month.

• Report both exempt and taxable interest.Total Taxable Interest: If filing status 1, 2, 5, or 6 – report total taxable interest on line 2, column A on the IA 1040; none should be reported in column B.

• Name of PayerCheck one for each payerAMOUNTTaxpayerSpouseJoint .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00Total Taxable Interest Income.Add the amounts.

• See Dividends that are actually interest under Taxable Interest in chapter 8.Most distributions that you receive are paid in cash (or check).

• Upon receipt of invoice and final inspection and acceptance of goods and/or services, the CITY will render payment within forty- five (45) calendar days unless invoiced items are questioned, in which event payment will be withheld pending verification of the invoice.

• Interest income which should be reported includes earnings from savings and loan associations, mutual savings banks, cooperative banks, credit unions, bank deposits, state and municipal bonds (see IA 1040 expanded instructions, line 2, Taxable Interest Income), and interest from tax refunds.

• If there is a transfer of net income in a country, it is likely that FDI increases total investments.

More Definitions of Taxable Interest

Taxable Interest means the Taxable interest rate which shall apply upon the occurrence of an Event of Taxability, all as provided in Section 2.04 of the Bond Agreement.

Taxable Interest means the interest borne by the Bonds prior to the Tax-Exempt Reissuance Date, which interest shall be included in gross income for federal income tax purposes. “Tax-Exempt Interest” means the interest to be borne by the Bonds on and after the

Taxable Interest means the interest borne by the Bonds prior to the Tax-Exempt Reissuance Date, which interest shall be included in gross income for federal incometax purposes.