AMIT means a trust which is an attribution managed investment trust for an income year within the meaning of sections 995-1(1) and 276-10 of the Tax Act.
AMIT means a trust which is an Attribution Managed Investment Trust under section 276-10 of the Proposed Attribution Managed Investment Trust Rules.
AMIT means Angeles Mortgage Investment Trust, a California unincorporated business trust.
Examples of AMIT in a sentence
The Attribution Managed Investment Trust (“AMIT”) regime allows MITs that meet certain requirements to make an irrevocable choice to be an AMIT.
The AMIT regime became generally available from 1 July 2016, with the existing tax rules for managed funds applying unless an election is made to enter the regime.
Insignia and its affiliates currently own 96,800 (or approximately 3.7%) of the 2,617,000 outstanding AMIT Class A shares and all of the 1,675,113 outstanding AMIT Class B shares.
Accordingly, there can be no assurance as to when the AMIT Merger will occur, or that it will occur at all.
Under current legislation, the Trust is not subject to income tax as all assessable income, exempt income and non-assessable income will be attributed to unitholders under the AMIT regime.Financial instruments at fair value may include unrealised capital gains.
More Definitions of AMIT
AMIT means a trust that, for a given financial year, is an attribution managed investment scheme for the purpose of section 276-10 of the Income Tax Assessment Act 1997 (Cth).
AMIT means, in respect of a Distribution Period in a Financial Year, an attribution managed investment trust in respect of that year as that term is defined in section 276-10 of the Tax Act where the choice to be an attribution managed investment trust was made before the end of the Financial Year.Application means an application for Units, a notification of the exercise of or application to exercise Options, or an application for Options, as the case requires;Application Moneys means the amount required to be paid or consideration required to be provided to the Responsible Entity by an applicant on the making of an Application for Units or Options;Approved Valuer means a valuer appointed by the Responsible Entity;ASIC means Australian Securities & Investments Commission;Assets means all the cash, investments and other property of the Trust (including, but not limited to, each Instalment in respect of each Partly Paid Unit);ASX means ASX Limited and any successor to the stock exchange operated by it;ASX Market Rules means the ASIC Market Integrity Rules (ASX Market) 2010 prepared by ASIC, as amended or replaced from time to time;Auditor means an auditor appointed under clause 12;Business Day has the meaning given to that term in the Listing Rules;Calculation Period means a period of not less than five consecutive Trading Days as determined by the Responsible Entity from time to time in its absolute discretion and announced to the ASX;Chi-X means the alternative stock market known as Chi-X Australia operated by Chi-X Australia Pty Ltd;CHESS Approved Securities means securities in respect of which approval has been given by the securities clearing house (being a licensed CS facility under Part 7.3 division 1 of the Corporations Act, namely, ASX Settlement Pty Limited ACN 008 504 532) in accordance with the ASX Settlement Operating Rules;Complainant means a Holder who makes a complaint to the Responsible Entity under clause 25;Corporations Act means the Corporations Act 2001 (Cth);Costs means costs, charges, fees, expenses, disbursements, outgoings, Taxes and all amounts paid or payable in respect of any of them or like payment;Current Unit Value means the amount calculated as follows: CUV = where:NAV NUCUV is Current Unit Value NAV is Net Asset ValueNU is the number Units on IssueDistributable Amount means the amount determined in accordance with clause 9.4(a);Distribution Calculation Date means 30 June and 31 December in each year or such other dates as the Resp...
AMIT means, in respect of a Distribution Period in a Financial Year, an attribution managed investment trust in respect of that year as that term is defined in section 276-10 of the Tax Act where the choice to be an attribution managed investment trust was made before the end of the Financial Year;Application means an application for Units, a notification of the exercise of or application to exercise Options, or an application for Options, as the case requires;Application Moneys means the amount required to be paid or consideration required to be provided to the Responsible Entity by an applicant on the making of an Application for Units or Options;Approved Valuer means a valuer appointed by the Responsible Entity;ASIC means Australian Securities & Investments Commission;Assets means all the cash, investments and other property of the Trust (including, but not limited to, each Instalment in respect of each Partly Paid Unit);ASX means ASX Limited ACN 008 624 691 or the market operated by it as the context requires;ASX Settlement means ASX Settlement Pty Limited ACN 008 504 532;ASX Settlement Operating Rules means the ASX Settlement Operating Rules and any other rules of ASX Settlement which apply while the Units are CHESS Approved Securities, each as amended from time to time;ASX Market Rules means the ASIC Market Integrity Rules (Securities Markets) 2017 prepared by ASIC, as amended or replaced from time to time;Auditor means an auditor appointed under clause 12;Australian Accounting Standard means:
AMIT means American Mortgage Investment Trust, a real estate investment trust sponsored by affiliates of Related.
AMIT. Angeles Mortgage Investment Trust, a California business trust Dated: April 14, 1995 By: _______________________________