Define: Net Taxes

How is Net Taxes defined in a legal contract?

• Net Taxes means the difference between Gross Taxes and amounts allocated for payment of Administrative Expenses. Seen in 6 SEC filings
• Net Taxes means the sum of all Gross Taxes less the required Administrative Expenses. Seen in 6 SEC filings
• Net Taxes means Special Taxes reduced by Administrative Expenses. Seen in 5 SEC filings
• Net Taxes means Gross Taxes diminished by amounts earmarked to cover Administrative Expenses. Seen in 2 SEC filings
• Net Taxes means Gross Taxes less Administrative Expenses going up to the [number]. Seen in 2 SEC filings
• Net Taxes means Gross Taxes reduced by Administrative Expenses, not exceeding a defined limit. Seen in 2 SEC filings
• Net Taxes means the total of all Gross Taxes less the expenditure incurred on administrative processes up to a certain threshold. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of net taxes' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Net Taxes means the Gross Taxes less Administrative Expenses.

Relevant Contract Types

• Service Level Agreement (SLA)
• Consulting Agreement
• Partnership Agreement
• License Agreement

Relevant Circumstances

• Business transactions involving payment of taxes
• Contractual agreements where tax implications are relevant
• Joint ventures or partnerships involving financial commitments

Relevant Sectors

• Financial Services
• Manufacturing
• Information Technology

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Genie Definition 2

• Net Taxes means Special Taxes reduced by Administrative Expenses.

Relevant Contract Types

• Joint Venture Agreement
• Sales Agreement
• Commercial Lease Agreement

Relevant Circumstances

• Commercial leases where expenses and taxes factor into net costs
• Sale of goods or services with special taxes applying
• Joint ventures or partnerships involving special tax commitments

Relevant Sectors

• Real Estate
• Retail
• Hospitality

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