State and Local Taxes definition

State and Local Taxes. Taxes imposed by the states of New York and North Carolina and by any other state or local taxing authorities as may, by notice to the Trustee, assert jurisdiction over the trust fund or any portion thereof, or which, according to an Opinion of Counsel addressed to the Trustee, have such jurisdiction.
State and Local Taxes. Taxes imposed by the states of New York, Illinois, North Carolina, Kansas and by any other state or local taxing authorities as may, by notice to the Trustee and/or the Certificate Administrator, assert jurisdiction over the Trust Fund or any portion thereof, or which, according to an Opinion of Counsel addressed to the Trustee, have such jurisdiction.
State and Local Taxes means taxes levied by the States, the District of Columbia, outlying areas of the United States, or their political subdivisions.

Examples of State and Local Taxes in a sentence

  • As a condition of performance of this contract, the contractor shall pay all federal, State, and local taxes incurred by the contractor and shall require their payment by any Subcontractor or any other persons in the performance of this contract.


More Definitions of State and Local Taxes

State and Local Taxes means taxes imposed by a State government or unit of general local government or other politi- cal subdivision of a State government for public purposes (except employee and employer assessments and contributions to finance retirement and social insurance systems and other special assessments for capital outlay) as determined by the Secretary of Commerce for general statistical purposes;
State and Local Taxes. ’ means taxes im- posed by a State government or unit of gen- eral local government or other political sub- division of a State government for public pur- poses (except employee and employer assess- ments and contributions to finance retirement and social insurance systems and other special assessments for capital outlay) as determined by the Secretary of Commerce for general sta- tistical purposes;
State and Local Taxes means taxes levied by the States, the District of Columbia, Puerto Rico, possessions of the United States, or their political subdivisions.
State and Local Taxes. Taxes imposed by the State of New York, by the State in which the Mortgage Files are maintained, by any of the States in which are located the Corporate Trust Office and/or the respective offices of the Master Servicers and Special Servicer responsible for servicing and administering the Serviced Mortgage Loans and any REO Properties, and/or by any other state or local taxing authorities as may, by notice to the Trustee, assert jurisdiction over the trust fund or any portion thereof, or which, according to an Opinion of Counsel addressed to the Trustee and the Certificate Administrator, have such jurisdiction.
State and Local Taxes. Taxes imposed by the States of New York, [_________] and [_________] and by any other state or local taxing authorities; provided that such states and such other state and local taxing authorities, by notice to the Trustee, assert jurisdiction over the trust fund or any portion thereof, or which, according to an Opinion of Counsel addressed to the Trustee, have such jurisdiction.
State and Local Taxes means taxes imposed by a State government or unit of general local government or other polit- ical subdivision of a State government for public purposes (ex- cept employee and employer assessments and contributions to

Related to State and Local Taxes

  • 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.

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.