Consumption Taxes definition

Consumption Taxes shall have the meaning as set forth in Article 5, Paragraph 2 hereof.
Consumption Taxes means any tax payable on the sale or supply of goods, services or other things and includes GST, goods and services tax, value added tax, sales tax, consumption tax or any similar impost;
Consumption Taxes means any tax liability of the Service Provider that is payable by the Service Provider in connection with supply of services to the Customer and includes but is not limited to Value Added Tax (“VAT”) as it applies to businesses based in the European Union, and Goods and Services Tax (“GST”) as it applies to businesses based in Jersey, Channel Islands;

Examples of Consumption Taxes in a sentence

  • National and Local Consumption Taxes are excluded from transaction amounts.Notes to Balance Sheet 1.

  • If the amount of sales proceeds exceeds the Conversion Fee concerning such Request for Conversion and amount equivalent to Consumption Taxes concerning Conversion and the Conversion Fee, the amount of sales proceeds less the Conversion Fee concerning such Request for Conversion and amount equivalent to Consumption Taxes concerning Conversion and the Conversion Fee shall be remitted to an account designated by the Beneficiary.

  • Jensen, The Apportionment of “Direct Taxes”: Are Consumption Taxes Constitutional?, 97 COLUM.

  • Shortsighted Households and the Timing of Consumption Taxes, 79 GEO.

  • Such fee shall include an amount equivalent to Consumption Taxes.

  • Provided, however, that the Trust assets may also temporarily hold money for receipt of Consumption Taxes equivalent and payment of trust fee and trust expenses (hereinafter "Trust Fees and Expenses"), and in such case, the Trust Assets will include money.

  • Hereinafter the same in this section (B).) for such Request for Conversion and Consumption Taxes on the Conversion or Conversion Fee.

  • Accounting for the Consumption Taxes, etc.Transactions subject to the consumption tax and local consumption tax are recorded at amounts exclusive of the consumption tax.

  • National and Local Consumption Taxes are excluded from transaction amounts.

  • Article 44 National and Local Consumption Taxes The amounts of asset management fees and other expenses or funds to be paid by the Investment Corporation, which are stated in these Articles of Incorporation, shall not include any consumption tax and local consumption tax (hereinafter referred to as the “Consumption Tax”).


More Definitions of Consumption Taxes

Consumption Taxes means Participating Province Tax and Tax on Designated Property;

Related to Consumption Taxes

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Distribution Taxes means any Taxes incurred as a result of the failure of the Intended Tax-Free Treatment of the Internal Restructuring, the Controlled Transfer or the Distribution.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • New Taxes means (i) any Taxes enacted and effective after the Effective Date, including, without limitation, that portion of any Taxes or New Taxes that constitutes an increase, or (ii) any law, order, rule or regulation, or interpretation thereof, enacted and effective after the Effective Date resulting in the application of any Taxes to a new or different class of parties.

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • non-taxable territory means the territory which is outside the taxable territory;

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • Transfer Taxes means any and all sales, use, value added, stamp, documentary, filing, recording, transfer, real estate, stock transfer, intangible property transfer, personal property transfer, gross receipts, registration, securities transactions, conveyance and notarial Taxes, and similar fees, Taxes and governmental charges (together with any interest, penalty, addition to Tax, and additional amount imposed in respect thereof) arising out of or in connection with the transactions contemplated by this Agreement.

  • Conveyance Taxes means sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Tax area means a geographic area created by the overlapping boundaries of one or more taxing entities.

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or not.

  • Transaction Tax Deductions means any Tax deductions relating to (i) the Company Transaction Expenses, and (ii) repayment of the Indebtedness, including any unamortized deferred financing fees in connection with the Indebtedness.

  • Payroll Taxes means State Unemployment Insurance (“SUI”), Federal Unemployment Insurance (“FUI”) and payments pursuant to the Federal Insurance Contributions Act (“FICA”).