Industrial and Commercial Profits definition

Industrial and Commercial Profits or "Other Income" provisions and (B) the "Interest" provision of that double taxation agreement; and
Sample 1Sample 2Sample 3
Industrial and Commercial Profits or "Other Income" provisions, if any, of such treaty (i) before the first Scheduled Payment Date with respect to any such Transaction and thereafter during each third succeeding calendar year, (ii) promptly upon reasonable demand by the Guarantor, and (iii) promptly upon learning that any such form previously provided has become obsolete or incorrect.
Sample 1
Industrial and Commercial Profits. Interest" or "Other Income" under the Specified Treaty. If such representation applies, then:
Sample 1

Examples of Industrial and Commercial Profits in a sentence

  • The Tax on Industrial and Commercial Profits at the rate of thirty five per cent (35%), which will be calculated in accordance with fiscal regulations in force in Niger.

  • The depreciation rates applicable for the calculation of the Tax on Industrial and Commercial Profits are shown in Appendix II.

  • An amendment to the directive concerned could be considered to broaden the number of excisable goods, raise some rates especially on motorised vehicles and possibly to introduce a combination of specific tax and ad valorem11 to better adapt taxation methods to the objectives sought.Direct taxation based on corporate profits, mainly ICPs (Industrial and Commercial Profits) appears like the VAT ta have lower efficiency under the same tax in WAEMU to the tune of 0.5% of GDP12 (see Figure 3).

  • In fact, this withholding tax is part of direct taxation based on profits (Industrial and Commercial Profits or corporate income tax).

  • The following representation applies to Party A with respect to that portion of its payments that are not attributable to Party A's U.S. trade or business: It is fully eligible for the benefits of the "Business Profits" or "Industrial and Commercial Profits" provision, as the case may be, the "Interest" provision or the "Other Income" provision (if any) of the Specified Treaty with respect to any payment described in such provisions and received or to be received by it in connection with this Agreement.

  • Gold and other precious metals are levied at a 3% royalty rate.Value-added tax ("VAT") is payable in Mali; however, the 2012 Mining Code has a provision that exploitation licence holders have a three-year VAT exemption period from the start of production.The Industrial and Commercial Profits tax (IBIC-IS) or company tax is 30%.

Related to Industrial and Commercial Profits

  • pre-commercial procurement means the procurement of research and development services involving risk-benefit sharing under market conditions, and competitive development in phases, where there is a clear separation of the research and development services procured from the deployment of commercial volumes of end-products;

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • DEVELOPMENTAL SERVICES means therapies, typically provided by a qualified professional using a treatment plan, that are intended to lessen deficiencies in normal age appropriate function. The therapies generally are meant to limit deficiencies related to injury or disease that have been present since birth. This is true even if the deficiency was detected during a later developmental stage. The deficiency may be the result of injury or disease during the developmental period. Developmental services are applied for sustained periods of time to promote acceleration in developmentally related functional capacity. This plan covers developmental services unless specifically listed as not covered.

  • Industrial Activity means activities subject to NPDES Industrial Permits as defined in 40 CFR, Section 122.26 (b)(14).

  • Commercial Production means the operation of the Property or any portion thereof as a producing mine and the production of mineral products therefrom (excluding bulk sampling, pilot plant or test operations);

  • Commercial project means any project, including, but not

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, multi-apartment buildings, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Commencement of Commercial Production means the first occurrence of Commercial Production in an Area.

  • Nuclear fuel cycle-related research and development activities means those activities which are specifically related to any process or system development aspect of any of the following: - conversion of nuclear material, - enrichment of nuclear material, - nuclear fuel fabrication, - reactors, - critical facilities, - reprocessing of nuclear fuel, - processing (not including repackaging or conditioning not involving the separation of elements, for storage or disposal) of intermediate or high-level waste containing plutonium, high enriched uranium or uranium-233, but do not include activities related to theoretical or basic scientific research or to research and development on industrial radioisotope applications, medical, hydrological and agricultural applications, health and environmental effects and improved maintenance.

  • Supply Chain means the individuals and organisations who will be responsible for any of the design and/or construction of the Works as set out in the Schedule of Supply Chain Members;

  • Academic year means the period of twelve months beginning on 1st January, 1st April, 1st July or 1st September according to whether the course in question begins in the winter, the spring, the summer or the autumn respectively but if students are required to begin attending the course during August or September and to continue attending through the autumn, the academic year of the course is to be considered to begin in the autumn rather than the summer;

  • Agricultural activities means agricultural uses and practices including, but not limited to: Producing, breeding, or increasing agricultural products; rotating and changing agricultural crops; allowing land used for agricultural activities to lie fallow in which it is plowed and tilled but left unseeded; allowing land used for agricultural activities to lie dormant as a result of adverse agricultural market conditions; allowing land used for agricultural activities to lie dormant because the land is enrolled in a local, state, or federal conservation program, or the land is subject to a conservation easement; conducting agricultural operations; maintaining, repairing, and replacing agricultural equipment; maintaining, repairing, and replacing agricultural facilities, provided that the replacement facility is no closer to the shoreline than the original facility; and maintaining agricultural lands under production or cultivation;

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Commercial Activities means activities conducted on a commercial basis.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Industrial hemp means a plant of the genus Cannabis and any part of the plant, whether growing or not, containing a delta-9 tetrahydrocannabinol (THC) concentration of no more than three-tenths of one percent (0.3%) on a dry weight basis.

  • Business Centre means each of the places so specified in the relevant Pricing Supplement.

  • Commercial Product means any such product as defined in FAR 2.101.

  • Commercial driver s license" means:

  • Union territory means the territory of—

  • Industrial Services means service to customers engaged primarily in a process which creates or changes raw or unfinished materials into another form or product including the generation of electric power.

  • Industrial Establishment means any–

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Collaboration Technology means the Collaboration Know-How and the Collaboration Patents.

  • Information technology services means services designed to do any of the following: