Head Company definition

Head Company means the head company (as defined in the Australian Tax Act) of the Tax Consolidated Group of which the Australian Loan Parties are or become members.

Head Company has the meaning given by s.995-1(1) of the 1997 Tax Act.

Head Company means the head company of any Consolidated Group of which Aurizon Network is a subsidiary member.

Examples of Head Company in a sentence

• For the avoidance of doubt, any Tax Relief or other Tax benefit that arises to an Indemnified Entity or the Head Company in respect of the matters set out in clause 17.1(f) will not reduce any amount payable by the Preference Unit Holder under the Tax Indemnity.

• In determining the tax effect of any Tax Relief for the purpose of clauses 17.1(c) or 17.1(d), the income tax rate is that which applies to the Indemnified Entity or the Head Company, as the case may be (for the purposes of section 4-10 of the Tax Act and determined in accordance with section 23 of the Income Tax Rates Act 1986 (Cth)), at the time that the Liability for Tax is incurred, suffered or arises or the Tax Relief is utilised or denied, expressed as a decimal.

• An Extension Structure Tax Benefit means the tax effect of any Tax Relief available to an Indemnified Entity or the Head Company in relation to the Extension Structure for the year of income to which the Liability for Tax referred to in clause 17.1(c)(i) relates, but only if the Tax Relief has not already been taken into account in determining the Liability for Tax and only to the extent that the tax effect of any Tax Relief does not exceed the Liability for Tax.

• The Head Company of the tax consolidated group is ING Australia Holdings Limited and the other eligible members are ING Real Estate Development Australia Pty Limited, BBL Australia Limited, ING REDA Holdings Pty Limited and ING Real Estate Investment Management Australia Pty Limited.

• The Head Company recognises deferred tax assets arising from unused tax losses and tax credits of the Company to the extent that it is probable that future taxable profits of the tax consolidated group will be available against which the asset can be utilised.

More Definitions of Head Company

Head Company has the same meaning as that term is defined in section 995-1 of the ITAA 1997.

Head Company has the meaning set forth in section 995-1 of the Tax Act.

Head Company has the meaning given in the definition of the Australian TFA.

Head Company has the meaning given by s.995-1(1) of the 1997 Tax Act. HIsmelt means all land, buildings, structures, offices, fixed and mobile equipment, roads, wharfs, loading and unloading facilities, stockpiles, storage facilities and associated facilities owned, leased or used by any member of the Rio Tinto Group at Kwinana, Western Australia including the facility constructed by certain members of the Rio Tinto Group in joint venture with third parties and all HIsmelt Technology. HIsmelt Technology means technology presently, or in future, owned by, or licensed to, any member of the Rio Tinto Group relating to the high intensity direct smelting of iron, or the dimensioning, design, application, manufacture, erection, installation, testing, operation and maintenance of equipment designed or used for that purpose, including patents, know-how and other designs and copyright, technological and technical knowledge, expertise, experience, inventions, data, algorithms, codes, instructions, techniques, processes, drawings, specifications and other unpatented information.

Head Company has the meaning given in section 995-1 of the Tax Act. HMRC mean HM Revenue & Customs.

Head Company means the ‘Head Company’ of a Tax Consolidated Group as defined in s703-15 of the Tax Act.

Head Company has the same meaning as is ascribed that term in section 995-1 of the 1997 Act.