Tax Declarations. Such applicable sales tax or real property transfer tax forms or declarations or similar forms as prepared by Purchaser and executed by Sellers as required by Applicable Law;
Tax Declarations. 8.1 Direct taxes This contribution, which includes all the items constituting a complete and autonomous line of business within the meaning of Article 210 B of the General Tax Code, is placed under the special regime applicable to mergers as provided in Article 210 A of said Code. Therefore, the Contributing Company agrees to: − Keep the securities received in consideration for the contribution for a period of three (3) years. − Subsequently, calculate the capital gains on the disposal of such securities by reference to the value of the contributed assets for tax purposes in its own books. On its part, the Beneficiary Company agrees to: − Assume liability for provisions on which tax is deferred and that relate to the Business Line; − Calculate the capital gains realized subsequently in relation with the disposal of the non- depreciable assets received as contribution, according to their tax value in the Contributing Company’s books; − Add-back the capital gains resulting from the contribution of depreciable assets to its taxable income, under the terms set forth in Article 210 A of the General Tax Code. − Record the current assets on its balance sheet at their tax value in the Contributing Company’s records.
Tax Declarations. The sale shall be concluded at a principal price of 200,000 francs excluding new goods (the "Purchase Price"). Pursuant to Article 719 of the General Tax Code, the present sale is subject to registration fees of 4.8% applicable to the portion of the Purchase Price exceeding 150,000 francs. Pursuant to Article 723 of the General Tax Code, the sale of new goods is subject to Value Added Tax. However, the Purchaser has indicated to the Vendor that a portion of the new goods will be delivered in France and another portion delivered in Germany. The following tax scheme will apply: - Up to the portion of the price relating to the goods to be delivered in France, i.e., FRF 250,890, the sale will be subject to Value Added Tax; - Up to the portion of the price relating to the goods to be delivered to Germany, i.e., FRF 39,510, the sale will be exempt of Value Added Tax pursuant to the provisions of Article 262 I 1(degree) of the General Tax Code. The parties agree that the Purchaser will bear the Value Added Tax levied upon the sale of new goods under this Agreement. In view of the possible tax levy on the capital gain he may realize at the time of the future sale, the Vendor states that his domicile is that specified in the heading of this Agreement. Furthermore, the Vendor agrees to file, in the allotted time, the various statements required by the tax administration, and specifically, those set forth in Articles 201-1, 229 A, 235 ter J, 89 and 286-1 of the General Tax Code.
Tax Declarations. The Seller, within 10 days from the first publication of this sale, shall notify same to the tax administration. In accordance with the provisions of instruction 3A-6-90 published at the B.O. dated 22/2/1990, the sale of investment personal property is exempt from VAT. The Purchaser undertakes to submit to VAT any subsequent sales of investment personal property and, if appropriate, to perform the regularizations provided by articles 210 and 215 of Annex II of the General Tax Code which would have become due if the Seller had continued to use said goods. The Purchaser sends two copies of a declaration to the tax administration from which it depends. The undersigned declare, under the penalties provided by article 1837 of the General Tax Code, that this agreement reflects the entire agreed price and acknowledge that they have been informed of the penalties incurred in the event of a misrepresentation.
Tax Declarations. With respect to each Property, such applicable sales tax or real property transfer tax forms or declarations or similar forms as prepared and executed by PRLP as required by Applicable Law;
Tax Declarations. The LESSOR and the LESSEE intend to make this lease subject to the VAT regime, in accordance with the combined provisions of Articles 261 D 4 a, b and c of the Code Général des Impôts [General Tax Code] as well as the clarifications provided in the administrative instructions dated 11 April 1991, 9 July 1991 and 30 April 2003. In accordance with Article 293 B of the Code Général des Impôts [General Tax Code], the LESSOR declares expressly that he renounces the right to the basic exemption. He therefore undertakes to exercise this option in the declaration of existence prescribed in Article 286.1 of the Code Général des Impôts [General Tax Code] by sending a recorded delivery letter to the relevant Tax Office, stipulating that he shall also fulfil the obligations of VAT-liable persons and, more particularly, subscription of the aforementioned declaration of existence.
Tax Declarations
