Foreign Income Tax definition

Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

Foreign Income Tax means any Income Tax other than a U.S. federal, state or local Income Tax.

Foreign Income Tax means income tax imposed by a foreign country and includes a final withholding tax or branch profits tax imposed by a foreign country;

Examples of Foreign Income Tax in a sentence

• In the case of any State Income Tax or Foreign Income Tax which is a Separate Company Tax, the Parent Group and the New Fluor Group shall be allocated and liable for such Tax imposed on any member or members of their respective Groups, but only for such periods as such membership existed.

• Unit Price and performance do not include the value of Foreign Income Tax Offsets (FITOs) which have been distributed in addition to cash.

• The Party that is liable for any Non-Canadian Foreign Income Tax liability under Section 2.01 of this Agreement shall prepare and file (or shall cause the appropriate member of its Group to prepare and file) such Tax Return and any other Returns, documents, or statements required to be filed with the appropriate Taxing Authority with respect to the determination of such Non-Canadian Foreign Income Tax liability.

• Please note, we are not currently in a position to apply for any reduction in withholding tax rates that may be available under a double tax agreement (DTA) for these securities, unless the reduced rate automatically applies.An amount disclosed by the sub-custodian as foreign tax withheld will be reported in the Foreign Income Tax Offset column in the Detailed Report.

• Certain taxes suffered by the Fund may be distributed to Investors as Foreign Income Tax Offsets.

More Definitions of Foreign Income Tax

Foreign Income Tax means any Income Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2.

Foreign Income Tax means the Income Tax, including withholding tax, imposed by the government of a foreign country or a political subdivision of a government of a foreign country, but does not include penalty, additional tax, or interest payable in respect of such tax; and

Foreign Income Tax means income tax imposed by a foreign country

Foreign Income Tax means a foreign income tax referred to in sub-section (8) of Section 69 levied by any foreign country.

Foreign Income Tax means any foreign tax which corresponds to income tax.

Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2. "GROUP" means the Tenneco Group, the Shipbuilding Group, and the Industrial Group, as the context requires. "GSR ITEMS" means, for any Tax Period: (a) the deductions or losses allowable in such Tax Period attributable to (i) the payment of gas supply realignment costs as described in clause (i) of the definition of Base Amount in the Debt and Cash Allocation Agreement attached as Exhibit C to the Distribution Agreement, or (ii) the payment in any Post-Distribution Tax Period of gas supply realignment costs incurred pursuant to contracts entered into on or prior to the Distribution Date; and (b) any taxable income or gain recognized in such Tax Period attributable to the recovery of such costs from customers, insurers, or third parties or attributable to any reduction in any previously deducted payments. "INCOME TAX" means any Federal Income Tax, State Income Tax, or Foreign Income Tax. "INDUSTRIAL ADJUSTMENT" means any proposed adjustment by a Tax Authority or claim for refund asserted in a Tax Contest to the extent Industrial Company would be exclusively liable for any resulting Tax under this Agreement and exclusively entitled to receive any resulting Tax Benefit under this Agreement. For purposes of this Agreement, any proposed adjustment relating to Tenneco Business Services Inc. (or the predecessor shared services project of Tenneco) shall be an Industrial Adjustment, and Industrial Company shall be liable for any Taxes (and shall be entitled to receive any Tax Benefit) arising from such adjustments. "INDUSTRIAL COMPANY" means New Tenneco Inc., a Delaware corporation, and any successor. "INDUSTRIAL GROUP" means Industrial Company and its Affiliates as determined immediately after the Distributions, modified as provided in Section 18. "INDUSTRIAL GROUP PRIOR FEDERAL TAX LIABILITY" shall have the meaning provided in Section 2.02(b)(ii). "INDUSTRIAL GROUP PRIOR STATE TAX LIABILITY" shall have the meaning provided in Section 2.03(b)(ii)(B). "INDUSTRIAL GROUP RECOMPUTED FEDERAL TAX LIABILITY" shall have the meaning provided in Section 2.02(b)(i). "INDUSTRIAL GROUP RECOMPUTED STATE TAX LIABILITY" shall have the meaning provided in Section 2.03(b)(ii)(A). "JOINT ADJUSTMENT" means any proposed adjustment by a Tax Authori...

Foreign Income Tax means a levy of tax, if it requires a compulsory payment pursuant to the authority of the foreign country to levy taxes, which is substantially equivalent to the income tax imposed under the Ordinance (Rule 15) but does not include: A penalty, fine, interest or similar obligation; A levy of tax to the extent a person receives or is entitled to receive, directly or indirectly, a specific economic benefit from the foreign country in exchange for the payment pursuant to the levy;