Taxable Sale definition

Taxable Sale means sale which is taxable under the provisions of this Act;
Taxable Sale means a sale that is not exempt under State law as modified by this Agreement.
Taxable Sale means sale which is taxable under the provisions of this Act, "and ''Taxable purchase" means purchase of goods as mentioned in schedule VIII which is taxable under the provisions of this Act ;" 3

Examples of Taxable Sale in a sentence

  • The terms Contributed Property and Taxable Sale shall have the meanings specified in the Tax Protection Agreement.

  • Taxable Sale of Shares The receipt of cash in exchange for Shares pursuant to, or in connection with, the Offer or the Merger will be a taxable transaction for U.S. federal income tax purposes.

  • With respect to the portion of the Boomerang Contribution that is treated as a Taxable Sale, a Holder will recognize gain or loss equal to the difference between (1) the issue price of the Subordinated Notes received by such Holder (discussed in Section 10.3(b)(6) below) and (2) such Holder’s adjusted tax basis, if any, in the portion of the Allowed Term Loan Facility Claim that is deemed sold.

  • As used in this Section 7(a), "Tax Triggering Event" means, with respect to any Actual Taxpayer holding directly or indirectly 7.00% Cumulative Convertible Preferred Units, any transaction by the Operating Partnership (x) involving the Contributed Property and (y) constituting a Taxable Sale.

  • This parameter represents the order number of the interval in which the corresponding predicate or its negation holds.


More Definitions of Taxable Sale

Taxable Sale means a sale of goods taxable under the Act and under the Central Sales Tax Act, 1956 and shall include sale of any goods exported outside the territory of India or sold in the course of export;
Taxable Sale means a sale that is not exempt under the State Sales Tax Act, as modified by the Tax Agreement.
Taxable Sale means any sale not otherwise declared as non taxable.
Taxable Sale means any sale of goods, which is taxable under the provisions of this Act.
Taxable Sale means the total amount received in money, credits or property, excluding the fair market value of exchanged property which is to be sold thereafter in the usual course of the retailer’s business, or other consideration valued in money from sales and purchases at retail within this Nation and included within the provisions of this Chapter.
Taxable Sale means a sale that is not exempt under Michigan law as modified by the Tax Agreement.
Taxable Sale has the meaning set forth in Section 6.9(g).