Liability to Taxation definition

Liability to Taxation means any liability to make a payment in respect of Taxation;
Liability to Taxation includes:
Liability to Taxation. (a) Any liability of the Company to make an actual payment of Taxation (whether or not the Company is primarily so liable and whether or not the Company has any right of recovery against any other person) and

Examples of Liability to Taxation in a sentence

  • Tax Covenant Liability arises under paragraph 3.1 of Part 3 of Schedule 4 of the Agreement wherein you covenanted with our client to pay an amount equal to the amount of: any Liability to Taxation of the Company which has arisen or arises by reason of any Event occurring on or before Completion, whether or not in any such case any Taxation in question is chargeable against or attributable wholly or partly to or recoverable wholly or partly from any other person ...

  • Liability to Taxation The Commissioners for Her Majesty’s Revenue and Customs DMU Tyneside (the ‘Commissioners’) have issued a Claim against the Company for arrears of Class 1 National Insurance Contributions (the ‘Claim’).

  • TAX SAVINGS If the Vendors have indemnified the Purchaser against a Liability to Taxation which is in respect of advance corporation tax, the Purchaser shall account to the Vendors for an amount equal to any resulting reduction in its liability to corporation tax as and when the Company obtains the benefit of the reduction.

  • Bidders are expected to obtain a minimum of seventy out of hundred points available to proceed to the next evaluation stage.

  • In the event of any settlement pursuant to this Schedule (and the Eleventh Schedule) being liable to Taxation in the hands of the Purchaser the amount of any such Liability to Taxation shall be deemed to be increased so as to ensure that the settlement received by the Purchaser shall after Taxation be equal to that which would have been received had the settlement not been subject to Taxation.


More Definitions of Liability to Taxation

Liability to Taxation. (a) any liability of the Company to make an actual payment of Taxation;
Liability to Taxation means any Actual Liability to Taxation and/or Effective Liability to Taxation and/or other payment and/or liability referred to in clause 3.
Liability to Taxation. (a) any liability of a Group Member to make an actual payment of Taxation (whether or not the Group Member is primarily so liable and whether or not the Group Member has any right of recovery against any other person); and
Liability to Taxation any Actual Liability to Taxation and/or Effective Liability to Taxation and/or payment referred to in clause 2.1; "non-availability" includes in relation to a Relief or right to repayment of Taxation the reduction modification loss claw-back counteraction disallowance or cancellation of that Relief or right to repayment of Taxation or a failure to obtain a Relief to which the Company and/or the Subsidiaries assumed it was entitled;
Liability to Taxation any liability whatsoever to make a payment of or in respect of Taxation and includes:
Liability to Taxation means not only a liability to make an actual payment of or in respect of Taxation (whether the same has been the subject of any assessment or demand at Completion or otherwise) and whether satisfied or unsatisfied at Completion but shall also include:-
Liability to Taxation means any liability to make a payment in respect of Taxation but does not include: