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Provision Defining the Taxable Components Falling into the Escalation Definition of Taxes

State:
Multi-State
Control #:
US-OL7102
Format:
Word; 
PDF
Instant download

Description

This office lease provision states that the definitions of terms for taxes on buildings and atriums and the land on which such buildings are located including all sidewalks, plazas, streets and land adjoining to such buildings, and all replacements thereof, and constituting a part of the same tax lot or lots.

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FAQ

1 the act of supplying or providing food, etc. 2 something that is supplied or provided. 3 preparations made beforehand (esp. in the phrase make provision for)

Examples of provisions include accruals, asset impairments, bad debts, depreciation, doubtful debts, guarantees (product warranties), income taxes, inventory obsolescence, pension, restructuring liabilities and sales allowances. Often provision amounts need to be estimated.Why Are Provisions Created?

The campers got their provisions at the village shop. He made provisions for his wife and his children in his will. The lack of childcare provisions made it difficult for single mothers to get jobs. Provisions may be purchased from the mini-market.

Provision is defined as a supply of something or to the act of providing a supply of something. An example of provision is food you take with you on a hike. An example of provision is when legal aid provides legal advice.A bank must provision against losses from bad loans.

Provision sentence example. Notwithstanding the offices he had filled he died poor, and provision had to be made for his daughter out of the funds of the state.

English Language Learners Definition of provision (Entry 1 of 2) : the act or process of supplying or providing something. : something that is done in advance to prepare for something else. : a supply of food and other things that are needed.

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Provision Defining the Taxable Components Falling into the Escalation Definition of Taxes