Taxable tangible personal property definition

Taxable tangible personal property means tangible personal property that is subject to taxation under this chapter.
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Examples of Taxable tangible personal property in a sentence

  • Taxable tangible personal property shall be listed and assessed where it has acquired tax situs as defined in section 77-125.Source: Laws 1903, c.

  • Taxable tangible personal property of a business shall be assessed at the location of the business unless the property has acquired tax situs elsewhere.Source: Laws 1997, LB270, § 8; Laws 1999, LB194, § 9.

  • Taxable tangible personal property or services used or consumed by a caterer in performing catering services are not purchased for resale as such and are subject to tax.

  • Taxable tangible personal property, certain digital property, or services purchased by a person on or after the effective dat e of the tax rate increase to fulfill a lump sum or unit-price real property contract (sourced to the county in w hich the tax rate increase occurred) entered into prior to the effective date of the tax rate increase, or entered into or aw arded pursuant to a bid made before the effective date of the tax rate increase, are subject to the low er tax rate.

  • Taxable tangible personal property, certain digital property, or services purchased by a person to fulfill a lump-sum or unit-price real property contract entered into or aw arded to a real property contractor pursuant to a bid made on or after the effective date of a tax rate increase are subject to the increased tax rate.

  • Taxable tangible personal property, other than food and beverages, is also subject to tax when sold from a vending machine.

  • Holders of shares of the Series A Preferred Stock shall not be entitled to any dividend, whether payable in cash, property or stock, in excess of full cumulative dividends on such shares.

  • Taxable tangible personal property, certain digital property, or services purchased by a person on or after the effective date of the tax rate increase to fulfill a lump sum or unit-price real property contract (sourced to the county in which the tax rate increase occurred) entered into prior to the effective date of the tax rate increase, or entered into or awarded pursuant to a bid made before the effective date of the tax rate increase, are subject to the lower tax rate.

  • That formula computes the sales tax measure as follows: Taxable tangible personal property transferredTotal assets transferred x taxable consideration The Department used the following calculations for this particular transfer to reach the $X,XXX,XXX result: $X,XXX,XXX ($52,724,337 - $6,903,000) x ($17,747,711 + $6,903,000) The $52,724,337 amount represents the "total assets transferred/ received" as shown on Exhibit1.

  • On the other hand, if the two flashes occur far enough in space and time, the visual system fails to maintain a persistent object, manifesting two alternately materializing and dematerializing objects.

Related to Taxable tangible personal property

  • Tangible Personal Property has the meaning set forth in Section 2.01(e).

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Eligible personal property means property that meets all of the following conditions:

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Personal Property Taxes All personal property taxes imposed on the furniture, furnishings or other items of personal property located on, and used in connection with, the operation of the Leased Improvements as a hotel (other than Inventory and other personal property owned by Lessee), together with all replacement, modifications, alterations and additions thereto.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Eligible Real Property means the real property listed on Schedule 1.01(a) owned by a Loan Party (i) that is located in the United States of America and is acceptable to the Agent in its Permitted Discretion for inclusion in the Borrowing Base, (ii) in respect of which an appraisal report has been delivered to the Agent in form, scope and substance satisfactory to the Agent in its Permitted Discretion, (iii) in respect of which the Agent is satisfied that all actions necessary or desirable in order to create perfected first priority Lien on such real property have been taken, including the presentation or delivery of the Mortgage to a title insurance company for recording, provided that the title insurance company has issued its title insurance policy to the Agent pursuant to clause (v) below in a New York style closing, (iv) in respect of which a Phase I environmental review report has been completed and delivered to the Agent in form and substance satisfactory to the Agent in its Permitted Discretion and which does not indicate any pending, threatened or existing Environmental Liability, or non compliance with any Environmental Law (except to the extent that Reserves for any such Environmental Liability deemed adequate by the Agent in its Permitted Discretion exist), (v) which is adequately protected by fully-paid valid title insurance with endorsements and in amounts acceptable to the Agent, insuring that the Agent, for the benefit of the Lenders, has a perfected first priority Lien on such real property, evidence of which shall have been provided in form and substance satisfactory to the Agent in its Permitted Discretion, and (vi) if required by the Agent: (A) an ALTA survey reasonably acceptable to the Agent and the title insurance company has been delivered for which all necessary fees have been paid and which is dated no more than 90 days prior to the date on which the applicable Mortgage is executed and delivered to a title insurance company for recording, certified to Agent and the issuer of the title insurance policy in a manner satisfactory to the Agent in its Permitted Discretion by a land surveyor duly registered and licensed in the state in which such Eligible Real Property is located and acceptable to the Agent in its Permitted Discretion; (B) in respect of which local counsel in states in which the Eligible Real Property is located have delivered a letter of opinion with respect to the enforceability and perfection of the Mortgages and any related fixture filings in form and substance satisfactory to the Agent in its Permitted Discretion; and (C) in respect of which such Loan Party shall have used its reasonable best efforts to obtain estoppel certificates executed by all tenants of such Eligible Real Property and such other consents, agreements and confirmations of lessors and third parties have been delivered as the Agent may deem necessary or desirable in its Permitted Discretion, together with evidence that all other actions that the Agent may deem necessary or desirable in order to create perfected first priority Liens on the property described in the Mortgages have been taken.

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Estate in Real Property A fee simple estate in a parcel of land.

  • Material Real Property means any real property owned by any Loan Party with a fair market value in excess of $5,000,000.