Income and Corporation Tax Act definition

Income and Corporation Tax Act means the Income and Corporation Tax Act (Cap. 17.01);
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Income and Corporation Tax Act means the Income and Corporation Tax Act;
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Examples of Income and Corporation Tax Act in a sentence

  • According to sections 111 and 114 of the Income and Corporation Tax Act 1988 (‘ICTA’), the profits of the partnership are first calculated for the purposes of corporation tax as if the partnership were a company but then those profits are taxed in the hands of the corporate partners according to their proportionate interests in the partnership.

  • The total dividends payable in respect of the financial year for the purposes of the income retention test for Section 1159 of the Income and Corporation Tax Act 2010 are set out below.

  • The Society is a registered charity and, as such, is exempt from taxes under the provision of the Income and Corporation Tax Act 2003.

  • Under the Income and Corporation Tax Act 1988, housing co-operatives do not have to pay corporation tax on rental income provided that rent solely comes from members.

  • If you cannot answer “No” to questions B1 you will receive a “fail” and your application will be rejected and your organisation excluded from the tender.

  • You may subscribe to the Account by the transfer of shares issued to you under an approved All Employee Savings Related Share Option Scheme defined in Paragraph 1, Schedule 9 of the Income and Corporation Tax Act 1988 or an approved All Employee Profit Sharing Scheme as defined in Chapter 4, Part 5 of the Income and Corporation Taxes 1988.

  • Representatives of Inland Revenue also indicated that further requests for guidance are regularly received by the Head Office concerning section 577A of the Income and Corporation Tax Act 1988.

  • To satisfy the conditions for entry into the Pension Protection Fund an occupational pension scheme must be tax approved in accordance with the requirements contained in sections 590 and 591 of the Income and Corporation Tax Act 1988.

  • The Channel Islands Securities Exchange Authority Limited has been recognised by HMRC under Section 841 of the Income and Corporation Tax Act 1988 and the Financial Conduct Authority has approved the Channel Islands Securities Exchange Authority Limited as a Designated Investment Exchange within the meaning of FSMA.

  • Treasury and Commissioners of Inland Revenue, ex parte Daily Mail and General Trust, 1988 E.C.R. 5483 pertained to a British regulation un- der the Income and Corporation Tax Act, 1970, § 482(1)(a), prohibiting a corporation resident for tax purposes in the United Kingdom from ceasing to be so resident with- out consent of the Treasury.

Related to Income and Corporation Tax Act

  • Income Tax Act means the Income Tax Act, 1962 (Act No. 58 of 1962);

  • Tax Act means the Income Tax Act (Canada), as amended from time to time;

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.