Resident Shareholder definition

Resident Shareholder s interest” means:

Resident Shareholder means a Shareholder who, for purposes of the Tax Act and any applicable income tax treaty, at all relevant times, is or is deemed to be resident in Canada.

Resident Shareholder means any shareholder of an S corporation who is not a nonresident shareholder.

Examples of Resident Shareholder in a sentence

• An Irish Resident Shareholder who is not a company and is not an Exempt Irish Shareholder will not be liable to any further income or capital gains tax in respect of any sale, transfer, Deemed Disposal, cancellation, redemption or repurchase, of Shares or the making of any other payment in respect of their Shares.

• The intermediary must complete a Relevant Declaration that it is acting on behalf of a non-Irish Resident Shareholder.

• Where the Irish Resident Shareholder is a company which is not an Exempt Irish Shareholder, and the payment is not taxable as trading income under Schedule D Case I, the amount received will be treated as the net amount of an annual payment chargeable to tax under Schedule D Case IV from the gross amount of which income tax has been deducted.

• Personal Portfolio Investment Undertaking An investment undertaking will be considered to be a personal portfolio investment undertaking (PPIU) in relation to a specific Irish Resident Shareholder where that Irish Resident Shareholder can influence the selection of some or all of the property of the undertaking.

• Where the Irish Resident Shareholder is a company which is not an Exempt Irish Shareholder, and the payment is not taxable as trading income under Schedule D Case I, the amount received will be treated as the net amount of an annual payment chargeable to tax under Schedule D Case IV from the gross amount of which income tax has been deducted at 25%.

More Definitions of Resident Shareholder

Resident Shareholder s interest” shall mean:

Resident Shareholder means a Shareholder who, at all relevant times for the purposes of the Tax Act (i) is or is deemed to be a resident of Canada, (ii) deals at arm’s length with Imperial and is not affiliated with Imperial, (iii) is not exempt from tax under Part I of the Tax Act, and (iv) holds its Shares as capital property.

Resident Shareholder means each Shareholder that is a resident for Tax purposes in India during the financial year in which Exchange or transfer of SVM Shares held by such Shareholder is consummated.

Resident Shareholder means a Shareholder who is resident in Canada.

Resident Shareholder means a Shareholder who is described in the section entitled “Certain Canadian Federal Income Tax Considerations” and, who, for purposes of the Tax Act and any applicable income tax treaty or convention, at all relevant times, is or is deemed to be resident in Canada;

Resident Shareholder means a Shareholder who, for the purposes of the Tax Act and at all relevant times, is or is deemed to be a resident of Canada;

Resident Shareholder means a Shareholder or holder of WSP Global Shares that is, at all relevant times and for the purposes of the Tax Act and any applicable income tax treaty, resident or deemed to be resident in Canada;