Taxable Transactions definition

Taxable Transactions means the sale or provision of goods or services within the Project that are subject to the Town’s Sales Tax, as amended from time to time.
Taxable Transactions means the sale of tangible personal property at retail or the furnishing of taxable services within the Project that are subject to the Town Sales Tax, as amended from time to time (mm)Town Regulations means the Town Charter, ordinances, resolutions, rules and regulations of the Town, including the Code, and other provisions of all zoning, subdivision and building codes, as the same may be amended from time to time. (nn) Town Sales Tax means the tax of three percent (3%) on Taxable Transactions imposed under the Code; provided that the one-half percent (0.5%) Town sales tax portion thereof described in Chapter 4.04 of the Code is not subject to this Agreement and shall not be subject to Pledged Revenue described in Section 5.04 of this Agreement. (oo) Town Use Tax means the tax of three percent (3%) imposed and collected by the Town during the construction and permitting process for the initial improvements for the Project on construction and building materials; provided that the one-half percent (0.5%) Town Use Tax portion thereof described in Chapter 4.04 of the Code shall not be subject to this Agreement and shall not be paid or discharged by the Town under Section 2.07 of this Agreement. (pp) View Plane means a bulk standard that establishes a specific height envelope or elevation within which development may occur but not exceed to preserve a view from a specific vantage point across the development site to another point of visual interest.
Taxable Transactions means a taxable transaction as defined in article 7, paragraph (2), or a transaction treated as a taxable transaction under article 7;

Examples of Taxable Transactions in a sentence

  • In order to implement the Sales Tax Credit, and as a condition precedent to the effectiveness of this Agreement, the Town shall adopt an ordinance granting the Sales Tax Credit against the collection of Sales Tax on Taxable Transactions, in an amount equal to one and ten one-hundredths percent (1.10%) in substantially the form set forth as Exhibit D attached hereto (the “Sales Tax Credit Ordinance”).

  • In adopting the Sales Tax Credit Ordinance, the Town is agreeing that it will grant a credit of 1.10% against the Town’s Sales Tax collected on Taxable Transactions within the Project only to the extent that the Credit PIF is collected from each retailer within the Project.

  • Developer shall impose and maintain in force the Add-On PIF on Taxable Transactions in accordance with the Add-On PIF Covenant; provided that Developer may impose the Add-On PIF as components of the Project are substantially completed rather than subjecting all of the Property to the Add-On PIF at the inception of the Project.

  • The District shall have the authority to receive a Credit PIF applied to Taxable Transactions during the Credit PIF Period only pursuant to the terms of the Development and Reimbursement Agreement.

  • The Credit PIF imposed and collected on such Taxable Transactions shall not be deemed to be part of such Taxable Transaction and shall not be subject to application of the corresponding Town use tax.

  • Follow‐up audits are limited to the comments and recommendations made in the Charlotte County Revenues Taxable Transactions Audit Report dated December 29, 2017.

  • Treasury Inspector General for Tax Administration, As the Use of Virtual Currencies in Taxable Transactions Becomes More Common, Additional Actions are Needed to Ensure Taxpayer Compliance (Sept.

  • Add-On RSF means the imposition of the Add-On PIF only to retail sales transactions that are Taxable Transactions at the rate set forth in Section 6.4(b) and in accordance with the terms and conditions of the Financing Plan.7. Add-On RSF Collection Agent means Special District Management Services, Inc., or any successor entity engaged from time to time, to administer the collection and distribution of the Add-On RSF Revenues on behalf of the PICs.

  • To the extent the PICs at any time after the Effective Date impose an Add-On PIF on transactions other than retail sales transactions that are Taxable Transactions and/or at a rate higher than the Add-On RSF rate, the resulting Add-On PIF Revenues shall not be construed to constitute Add-On RSF Revenues or Municipal Payments.

  • In this Service Plan, the following terms shall have the meanings indicated below, unless the context hereof clearly requires otherwise: Add-on PIF: means the component of the PIF established in the PIF Covenant which will be set at a rate in accordance with the terms and conditions of the Development and Reimbursement Agreement and which will be applied to Taxable Transactions before the calculation of applicable sales taxes.


More Definitions of Taxable Transactions

Taxable Transactions means the sale or provision of goods within the Project that are subject to the Town’s Sales Tax, as amended from time to time.

Related to Taxable Transactions

  • taxable trading means carrying on a trade or business for the principal purpose of raising funds and not for the purpose of actually carrying out the Objects, the profits of which are subject to corporation tax;

  • Reportable Transaction means any transaction listed in Treasury Regulation Section 1.6011-4(b).

  • Eligible Transactions means any retail transactions for the purchase of goods and/or services successfully charged to your Principal Credit Card and which are posted on UOB’s systems but excluding the Excluded Transactions (as defined below). For the avoidance of doubt, Eligible Transactions made in foreign currencies will be converted into Singapore dollars based on UOB’s then prevailing exchange rate applicable at the time of exchange. The transaction amount posted in your Principal Credit Card account will be used for the purposes of computing the Qualifying Spend amount for this Promotion.

  • Transaction Tax Deductions means any Tax deductions, whether accruing before, on or after the Closing Date, relating to (a) any pay down or satisfaction of Indebtedness in connection with the Merger, (b) the payment or incurrence of any Transaction Expenses, and (c) any other deductible payments attributable to the Merger and economically borne by Sellers. For this purpose, any success-based fees shall be treated as deductible in accordance with the seventy percent safe-harbor election in Rev. Proc. 2011-29.

  • Separation Transactions has the meaning set forth in the Separation and Distribution Agreement.

  • Formation Transactions means the transactions contemplated by this Agreement and the other Formation Transaction Documentation.

  • Restructuring Transactions means the transactions described in Article IV.B of the Plan.

  • Closing Transactions has the meaning set forth in Section 11.8(a) of these Bylaws.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Reorganization Transactions shall have the meaning set forth in the Recitals.

  • Disclosable transaction means any transaction in a security pursuant to which an access person would have a beneficial ownership.

  • Distribution Transaction means any distribution of equity securities of a Subsidiary of the Company to holders of Common Stock, whether by means of a spin-off, split-off, redemption, reclassification, exchange, stock dividend, share distribution, rights offering or similar transaction.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Exempt Transactions means the transactions described in the section hereof titled “Exempt Transactions.”

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Failed Transactions is the set of all requests within Total Transaction Attempts that result in an Error Code or otherwise do not return a Success Code within 60 seconds after receipt by the Service.

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Related Transactions means the initial borrowing under the Revolving Loan on the Closing Date, the Refinancing, the payment of all fees, costs and expenses associated with all of the foregoing and the execution and delivery of all of the Related Transactions Documents.

  • Restructuring Transaction means a tax free distribution under section 355 of the internal revenue code and includes tax free transactions under section 355 of the internal revenue code that are commonly referred to as spin offs, split ups, split offs, or type D reorganizations.

  • Permitted Transactions has the meaning set forth in Section 13(B).

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Eligible Transaction means any transaction,—

  • Excluded Transactions means:

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Pre-Closing Tax Returns has the meaning specified in Section 8.04(a).