PRC Tax Laws definition

PRC Tax Laws means any PRC Laws in relation to tax.

Examples of PRC Tax Laws in a sentence

  • As the Share Transfer took place on 10 October 2008, being more than five (5) years from the date of the Penalty Notice, pursuant to the relevant PRC Tax Laws and regulations, the Statutory Limit has expired.

  • A teacher also must schedule, without prejudicial effect, another time and date for the missed alternative exam or other academic requirement.5In addition, the bill requires each course syllabus to include the school’s policy on requesting accommodations and the contact information of a person who can provide further information.6Posting the policyA school must post in a prominent location on its website:1.

  • The WFOE and the Domestic Company shall comply with all applicable PRC Tax Laws in all material respects, including without limitation, Laws pertaining to income tax, value added tax and business tax.

  • Under the applicable PRC Tax Laws and Regulations, a transfer of the equity interest in a PRC company by a foreign investor or enterprise will be subject to withholding tax on capital gains at the rate of 10% on the amount of gain, computed based on the difference between the transfer price at the time of the sale, and the cost of equity.

  • As the Share Transfer took place on 10 October 2008, being more than five (5) years from the date of the Penalty Notice, pursuant to the relevant PRC Tax Laws and Regulations, the Statutory Limit has expired.

  • As soon as practicable and in any event within ten (10) Business Days following the Agreement Date, the Company shall make all necessary filings and reporting as may be required under applicable PRC Tax Laws, including submitting all reports and filings to be made to the PRC Tax authorities under Guoshuihan 2009 No. 698 in connection with the Transactions, and procuring that any issues raised by PRC Tax authorities are addressed and any applicable Taxes have been paid.

  • Each Shareholder hereby undertakes in favor of the Company to comply with all applicable Tax Laws in respect of the Equity Securities held by it (including PRC Tax Laws relating to Public Notice 7 Taxes), and to timely make all such filings and withhold or pay all such Taxes, interests or other payment as may be required thereunder.

  • It outlines the key constructs, variables, and relationships that form the foundation of the study, providing a theoretical lens through which the subsequent analysis is conducted.

  • The Group Companies shall, and each Warrantor shall cause the Group Companies to, avoid adverse Tax status (including without limitation PRC resident enterprise) for any Group Company organized outside the PRC under the PRC Tax Laws, or CFC or PFIC under the U.S. Tax Laws.

Related to PRC Tax Laws

  • Tax Laws means the Code, federal, state, county, local or foreign laws relating to Taxes and any regulations or official administrative pronouncements released thereunder.

  • Change in Tax Law means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.

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

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

  • 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.

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

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • 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.

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

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

  • 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 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).

  • Transaction Tax Deductions means any Tax deductions relating to (i) the Company Transaction Expenses, and (ii) repayment of the Indebtedness, including any unamortized deferred financing fees in connection with the Indebtedness.

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

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or not.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • criminal tax matters means tax matters involving intentional conduct whether before or after the entry into force of this Agreement which is liable to prosecution under the criminal laws of the requesting Party;

  • PAYEE TAX REPRESENTATIONS Each representation specified in the Schedule as being made by it for the purpose of this Section 3(f) is accurate and true.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

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

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Special Tax Requirement means that amount required in any Fiscal Year to: (i) pay debt service on all Outstanding Bonds; (ii) pay periodic costs on the Bonds, including but not limited to, credit enhancement and rebate payments on the Bonds; (iii) pay Administrative Expenses; (iv) pay any amounts required to establish or replenish any reserve funds for all Outstanding Bonds; (v) pay directly for the acquisition or construction of facilities authorized to be financed by IA No. 2 to the extent that inclusion of such amount does not increase the Special Tax levy on Undeveloped Property; and (vi) pay for reasonably anticipated Special Tax delinquencies based on the historical delinquency rate for IA No. 2 as determined by the CFD Administrator; less (vii) a credit for funds available to reduce the annual Special Tax levy, as determined by the CFD Administrator pursuant to the Indenture.

  • non-taxable territory means the territory which is outside the taxable territory;

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

  • Prohibited Transaction Tax Any tax imposed under Section 860F of the Code. Prospectus: The prospectus dated February 21, 2006 as supplemented by the prospectus supplement dated February 23, 2006, relating to the Class A, Class B-1, Class B-2 and Class B-3 Certificates.