NZ Tax Act definition

NZ Tax Act means the Income Tax Act 0000 xx New Zealand.
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NZ Tax Act means the Income Tax Act 2007 of New Zealand.
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Examples of NZ Tax Act in a sentence

  • NZ Holders will also generally be required to spread their interest income under the Instruments or Coupons under the "financial arrangements rules" in the NZ Tax Act, but a Branch Holder will only be subject to the financial arrangements rules in respect of a Note if the Note is held by the Branch Holder for the purposes of a business carried on in New Zealand through a fixed establishment ("Attributable Branch Holder").

  • New ZealandThe following is a summary of the New Zealand taxation consequences generally applicable to a holder of the Notes issued by the Woolworths NZ as provided in the Income Tax Act 2007 of New Zealand ("NZ Tax Act") and other applicable New Zealand taxation legislation, as of the date of this Offering Circular.

  • Under the NZ Tax Act, Woolworths NZ is required to deduct New Zealand resident withholding tax ("RWT") from the payment or crediting of interest to a NZ Holder, unless at the time of such payment the NZ Holder holds a valid RWT exemption certificate (as defined in the NZ Tax Act).

  • NZ HoldersUnder the NZ Tax Act, NZ Holders will be subject to New Zealand income tax on interest (as that term is defined in the NZ Tax Act) derived under the Notes, although a Branch Holder which is a resident of a jurisdiction with which New Zealand has a DTA and is entitled to reliefs from New Zealand tax afforded by that DTA, may in some circumstances enjoy a reduction of the amount of New Zealand income tax otherwise payable on the interest.

  • Woolworths NZ will be lawfully able to pay AIL, so that NRWT is reduced to 0 per cent., provided:  the relevant holder is a Non-NZ Holder; and Woolworths NZ is an "approved issuer" and the Instrument is a "registered security" (as each of those terms is defined in the NZ Tax Act).

Related to NZ Tax Act

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

  • Tax Act means the Income Tax Act (Canada).

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • U.S. Tax Code means the United States Internal Revenue Code of 1986, as amended.

  • Applicable Tax Law means any foreign, federal, state or local tax law, statute, regulation, rule, code or ordinance enacted, adopted, issued or promulgated by any Governmental Body or common law that apply to any party hereto, this Agreement or the activities contemplated hereby, as applicable.

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Applicable Tax State means the State in which the Owner Trustee maintains its Corporate Trust Office, the State in which the Owner Trustee maintains its principal executive offices and the State of Michigan.

  • 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.

  • United States Tax Person A citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia, an estate whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its source or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Tax Persons have the authority to control all substantial decisions of the trust, all within the meaning of Section 7701(a)(30) of the Code (or, to the extent provided in the applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to be treated as United States Tax Persons).

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Non-United States Tax Person Any Person other than a United States Tax Person.

  • the Taxes Act means the Income and Corporation Taxes Act 1988;

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • Tax Code means the Internal Revenue Code of 1986, as amended.

  • Applicable Tax Rate means the estimated highest aggregate marginal statutory U.S. federal, state and local income, franchise and branch profits tax rates (determined taking into account the deductibility of state and local income taxes for federal income tax purposes and the creditability or deductibility of foreign income taxes for federal income tax purposes) (“Tax Rate”) applicable to any Partner on income of the same character and source as the income allocated to such Partner pursuant to Sections 5.04(a) and (b) for such fiscal year, fiscal quarter or other period, as determined by the Tax Matters Partner in its discretion; provided that, in the case of a Partner that is a partnership, grantor trust or other pass-through entity under U.S. federal income tax law, the Tax Rate applicable to such Partner for purposes of determining the Applicable Tax Rate shall be the weighted average of the Tax Rates of such Partner’s members, grantor-owners or other beneficial owners (weighted in proportion to their relative economic interests in such Partner), as determined by the Tax Matters Partner in its discretion; provided, further, that if any such member, grantor-owner or other beneficial owner of such Partner is itself a partnership, grantor trust or other pass-through entity similar principles shall be applied by the Tax Matters Partner in its discretion to determine the Tax Rate of such member, grantor-owner or other beneficial owner.

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends after the Closing Date.

  • Taxes Act means the Taxes Consolidation Act, 1997 (of Ireland) as amended.

  • 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.

  • Tax Law means the law of any governmental entity or political subdivision thereof relating to any Tax.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • U.S. Tax Person means a Person that is a “United States person” as defined in Section 7701(a)(30) of the Code, generally including:

  • Tax Ordinance means the Israeli Income Tax Ordinance [New Version], 1961, as amended.