Deducted At Source definition

Deducted At Source means, with respect to any amount, that a Subdistributor deducted such amount in calculating the amount payable to the Master Distributor or otherwise reduced the amount payable to the Master Distributor by such amount.
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Related to Deducted At Source

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • input tax , in relation to a vendor, means—

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.