Change in Tax definition

Change in Tax. After the date hereof, the adoption, enactment, promulgation, coming into effect, repeal, amendment, reinterpretation, change in application, change in interpretation or modification by any Public Sector Entity of any Law of Pakistan relating to any Tax or Taxes.
Change in Tax means the adoption, enactment, promulgation, coming into effect, repeal, amendment, reinterpretation, change in application, change in interpretation or modification after the Bid Submission Date hereof of any Laws of Pakistan relating to any taxes or other charges to be paid by the Contractor in terms of Clause 13.14.
Change in Tax. After the date hereof, the adoption, enactment, promulgation, coming into effect, repeal, amendment, re-interpretation, change in application, change in interpretation or modification by any Public Sector Entity of any Law of Afghanistan relating to any Tax or Taxes.

Examples of Change in Tax in a sentence

  • Other updates Change in Tax Identification Number (TIN), Employer Identification Number (EIN) and/or National Provider Identification (NPI) a.

  • Change in Tax Receivable Agreement liability - During the three months and year ended December 31, 2023, we recorded a change in the Tax Receivable Agreement liability that increased income before income taxes and net income by $2.0 million and $1.5 million, respectively.

  • A negative Change in Tax Rate coefficient indicates that an increase in the tax rate leads to a reduction in firm value.

  • Prior to the publication or, where relevant, delivery of any notice of redemption of the Notes pursuant to the foregoing, the Issuer shall deliver the Trustee an opinion of independent tax counsel of recognized standing qualified under the laws of the relevant Tax Jurisdiction (which counsel shall be reasonably acceptable to the Trustee) to the effect that there has been a Change in Tax Law which would entitle the Issuer to redeem the Notes hereunder.

  • Change in Tax Treatment resulting from a Direct Rollover: The tax treatment of any payment from the eligible employer plan, traditional IRA, or Roth IRA receiving your Direct Rollover might be different than if you received your benefit in a taxable distribution directly from the Plan.


More Definitions of Change in Tax

Change in Tax means the adoption, promulgation, bringing into effect, repeal, amendment, reinterpretation, change or failure in application of the provisions of the relevant legislation after the Execution Date, or modification after the Execution Date of any Applicable Law by any Relevant Authority, relating to any Tax, including any application of any Tax (including withholding Taxes on distributions to shareholders to the extent such withholding taxes are final Tax liabilities of the shareholders and are not subject to any credit or adjustment, including any credit or adjustment against any other Tax liability), which is imposed on Seller or the Project and:
Change in Tax means the adoption, promulgation, bringing into effect, repeal, amendment, reinterpretation, change or failure in application against the provisions of the relevant legislation, change in interpretation or modification after the date hereof of any Laws of Uganda, by any Governmental Authority, relating to any tax, duty, licence fee or other revenue producing measure, including any application of any tax, duty, licence fee or other revenue-producing measure which differs from the assumptions in Schedule 8.
Change in Tax. The meaning ascribed thereto in the Energy Purchase Agreement.
Change in Tax. Law shall mean any change in the State Tax Law (as such term is defined in Section 1(a) of the Tax Indemnification Agreement), Code or successor legislation enacted by the appropriate legislative bodies of New York State or New York City no later than the date of adjournment of the One Hundredth Congress, or enacted by either the Ninety-ninth or the One Hundredth Congress (without regard to the date of presidential signature) , or if prior to January 15, 1997 (i) there is enacted any technical correction to such enactment or (ii) there are promulgated, issued or published any proposed, temporary, or final Regulations resulting from such enactment (regardless of the effective date of such technical corrections or Regulations, but only if such technical corrections or Regulations would affect Net Economic Return) 6091.100.2898.55:1
Change in Tax raw shall mean any change in the Code or successor legislation enacted by either the Ninety-ninth or the One Hundredth Congress (other than a change in respect of an alternative minimum tax or an add-on minimum tax having the same effect as an alternative minimum tax), or if prior to January 15, 1997 Ci) there is enacted any technical correction thereto, or (ii) there are adopted, promulgated, issued or published any proposed, temporary or final Regulations resulting therefrom (regardless of the effective date of such technical corrections or Regulations, but only if such technical corrections or Regulations would affect Net Economic Return), provided, however, that a Change in Tax Law shall occur in the event the provision set forth in Section 1509(b) of H.R. 3838 as passed by the U.S. House of Representatives on December 17, 1985 and Section 1809(b) of H.R. 3838 as passed by the U.S. Senate on June 24, 1986 shall fail to be enacted into law in the form therein set forth or, if such provision is so enacted into law, it shall not apply to the Common Facilities. Chemical Bank shall mean chemical Bank, a New York banking corporation.
Change in Tax. Law shall mean any change in the State Tax Law (as such term is defined in Section 1(a) of the Tax Indemnification Agreement), Code or successor legislation enacted by the appropriate legislative bodies of New York State or New York City no later than the date of adjournment of the One Hundredth Congress, or enacted by either the Ninety-ninth or the One Hundredth Congress (without regard to the date of presidential signature) , or if prior to January 15, 1997 (i) there is enacted any technical correction to such enactment or (ii) there are promulgated, issued or published any proposed, temporary, or final Regulations resulting from such enactment (regardless of the effective date of such technical corrections or Regulations, but only if such technical corrections or Regulations would affect Net Economic Return) 6091.100.2898.55:1 Chemical Bank shall mean Chemical Bank, a New York banking corporation Chief Financial Officer shall mean the Person designated by the Board of Directors of PNM as the chief financial officer of PNM Claims shall mean liabilities, obligations, losses, damages, penalties, claims (including, without limitation, claims involving liability in tort, strict or otherwise) , actions, suits, judgments, costs, interest, expenses and disbursements, whether or not any of the foregoing shall be founded or unfounded (including without limitation, legal fees and expenses and costs of investigation) of any kind and nature whatsoever without any limitation as to amount Closing shall mean the proceedings which occur on the Closing Date, as contemplated by the Participation Agreement Closing Date shall mean December 17, 1986. Code shall mean the Internal Revenue Code of 1986, as amended, or any comparable successor law.
Change in Tax means the adoption, promulgation, bringing into effect, repeal, amendment, reinterpretation, change or failure in application against the provisions of the relevant legislation, change in interpretation or modification after the Execution Date of any Applicable Law by any Relevant Authority, relating to any tax, duty, licence fee or other revenue-producing measure, including any application of any tax (including withholding taxes on distribution to shareholders to the extent such withholding taxes are final tax liabilities of the shareholders and are not subject to any credit or adjustment, including any credit or adjustment against any other tax liability), duty, licence fee or other revenue- producing measure which is imposed on Seller and causes Seller to incur for itself any tax, withholding obligation, duty, licence fee or similar revenue producing fee in excess of those Seller would have incurred under any Applicable Law in effect as of the Execution Date.