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

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.

  • AGI+ Excluded Foreign Income+ Tax Exempt Interest+ Non-taxable Social Security benefits =MAGIFew low income clients will have foreign income or tax-exempt interest, two of the ACA mandated “modifications” to the AGI.

  • Unit Price and performance do not include the value of Foreign Income Tax Offsets (FITOs) which have been accrued.

  • 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.


More Definitions of Foreign 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;
Foreign Income Tax means any Tax (for the absence of doubt, other than a Foreign Pillar Two 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 Regulations Section 1.901-2 and, for the absence of doubt, any interest, penalties, additions to Tax or additional amounts in respect of the foregoing (but not any payroll Tax).
Foreign Income Tax means any Income Tax imposed on corporations by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession.
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.