Valorem Taxes definition

Valorem Taxes means any Tax payable on the sale or supply of goods, services or other things and includes goods and services tax, value added tax, sales tax, consumption tax or any similar impost.
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Valorem Taxes. All general real estate taxes, general and special assessments, parking surcharges, rent taxes, and other similar governmental charges levied against the Property for each calendar year.
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Examples of Valorem Taxes in a sentence

  • Referendum Funds: No less than 2.5% of funds collected from the August 29, 2018 Referendum on a Question Regarding a Levy of Ad- Valorem Taxes for Essential Operating Expenses (“Referendum Funds”) in the Fiscal Year beginning on July 1, 2019, shall be designated for and distributed to eligible district employees in the BTU Education Support Professionals bargaining unit.

  • Permittee also shall be responsible for timely payment of any Ad Valorem Taxes or other taxes and fees levied against the Permittee’s Attachments or other of Permittee’s property or equipment located on the Company Facilities or the Company Right-of-Way that are billed directly to Permittee by the taxing authority.

  • RESOLUTION: DRA and San Xxxxxxx agree that applying San Gabriel’s updated formula to the adopted forecast of utility plant based on the 2010 effective tax rate of 1.182% with a 1% annual escalation will provide a reasonable estimate of Ad Valorem Taxes for the Test Year.

  • For clarity, Ad Valorem Taxes which are not being protested shall still be paid by January 31.

  • Ad Valorem Taxes include those taxes paid into the County Operation and Maintenance Fund and the County Debt Fund, but specifically excludes the payment into the County Road and Bridge Fund.

  • The word "Grant" means a payment to Company under the terms of this Agreement computed with reference to the Ad Valorem Taxes paid to the County by the Company for the Property, and payable from the County’s Operation and Maintenance Fund and County Debt Fund in the amount set forth in Section 4 below.

  • Payment will not be required only for the portion of Ad Valorem Taxes which are being protested in accordance with Texas law.

  • Permittee also shall be responsible for timely payment of any Ad Valorem Taxes or other taxes and fees levied against the Permittee’s Attachments or other of Permittee’s property or equipment located in the Company Space or the Company Rights-of-Way that are billed directly to Permittee by the taxing authority.

  • In addition to other available remedies under law and equity, the County shall have all remedies for the collection of the amount(s) of the three (3) years of Grants as provided generally in the Texas Tax Code for the collection of delinquent Ad Valorem Taxes other than penalties and interest.

  • If County identifies any material issues in the Annual Compliance Report or Statement of Ad Valorem Taxes Paid re: Payment Year, County will advise Company of these material issues that were identified during any inspection, or audit in the verification process within 30 days of identification of them to allow Company to correct the matters and complete the Annual Compliance Report or Statement of Ad Valorem Taxes Paid re: Payment Year.

Related to Valorem Taxes

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.