PRC Tax definition

PRC Tax means all present, future or contingent taxes on income, gain or profit or other similar taxes (however described) which may be imposed by the PRC tax authorities directly or indirectly on the Issuer and/or the Hedge Provider with respect to the PRC Property Share Securities or PRC Property Index Securities.
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PRC Tax means any Tax imposed, assessed, due or otherwise payable to the PRC State Administration of Taxation or any other Governmental Authority of the People’s Republic of China (including any political subdivision or an agency or instrumentality thereof).
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PRC Tax has the meaning set forth in Section 7.19.
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Examples of PRC Tax in a sentence

  • The Selling Shareholder shall further provide the Purchaser with accurate copies of any official assessments of the PRC Tax Authority with respect to its PRC Tax Returns, if any, within five (5) days of receipt thereof.

  • Within five (5) days of filing the PRC Tax Returns, the Selling Shareholder shall provide the Purchaser with final, accurate copies of all such PRC Tax Returns that were filed, along with an acknowledgement or receipt in respect of the filing issued by the appropriate PRC Tax Authority or the original signature of the PRC Tax Authority on the duplicate of the PRC Tax Returns submitted evidencing that the filing has been made.

  • Subject to applicable Law, the Selling Shareholder shall (i) provide drafts of such PRC Tax Returns to the Purchaser for its review no later than five (5) Business Days prior to filing such PRC Tax Returns, and (ii) consider in good faith any comments made by the Purchaser to the PRC Tax Returns, acting reasonably.

  • In respect of any presence of a Group Company in the PRC, (i) all loss carry-forwards are valid and available under PRC Tax law to offset future taxable profits; and (ii) Tax registrations have been completed in all applicable locations in the PRC.

  • NI would issue an invoice inclusive of Value Added Tax calculated at the rate permissible under the PRC Tax Law or applicable regulations/directives based on the date of invoice.

  • The Seller Parties shall promptly submit, or cause the Reporting Agent to submit, all documents supplementally requested by the Relevant PRC Tax Authority (having incorporated any reasonable comments from the Buyer) within the timeframe requested by the Relevant PRC Tax Authority in connection with such Tax reporting with a copy delivered to the Buyer.

  • If NI issues a VAT Special Invoice to the Customer, the Customer shall submit it for VAT deduction within the allowable time as provided by PRC Tax Law.

  • The Seller Parties shall ensure that all information or materials submitted to the Relevant PRC Tax Authority in connection with any Tax reporting by or on behalf of the Seller Parties are true, accurate, complete and not misleading.

  • Unless otherwise agreed in the Quote, Prices exclude, and the Customer is responsible for, any sales, use, service, value added, and/or any other applicable taxes (“Taxes”) as provided under the PRC Tax Law (including regulations and directives effective) arising from the purchase of the Products and/or Services (as the case maybe).

  • After such tax filing, the Selling Shareholder agrees to submit all documents supplementally requested by the Relevant PRC Tax Authority in connection with such tax filing.


More Definitions of PRC Tax

PRC Tax means Tax imposed, levied, collected, withheld, assessed or enforced by any local, municipal, regional, urban, governmental, state, federal or other body or authority in the PRC.
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Related to PRC Tax

  • input tax , in relation to a vendor, means—

  • central tax means the central goods and services tax levied under section 9 of the Central Goods and Services Tax Act;

  • Federal Tax means any Tax imposed under Subtitle A of the Code.

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).

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