Examples of Excise Tax in a sentence
The City will furnish a Federal Excise Tax Exemption certificate, if required.
In the event it is subsequently determined by the Internal Revenue Service that some portion of the Reduced Amount as determined pursuant to clause (x) in the preceding paragraph is subject to the Excise Tax, Executive agrees to promptly return to the Company a sufficient amount of the Payment so that no portion of the Reduced Amount is subject to the Excise Tax.
Certain types of crypto-assets that are virtual payment instruments, as defined in the Excise Tax Act, may be GST/HST exempt when they are supplied.
The GST is imposed under subsection 165(1) of the Excise Tax Act in respect of taxable supplies that are made in Canada.
As previously conveyed, the United States also requests a substantive update on revisions to the GCC excise tax model and its implementation plan under the GCC Unified Excise Tax Agreement, and notes the importance of timely engagement with interested parties regarding this issue.