Tax Amnesty Law definition

Tax Amnesty Law means the Turkish law entitled “Statutory Proposal on Restructuring of Certain Receivables” and the regulations promulgated thereunder, as amended.

Examples of Tax Amnesty Law in a sentence

  • In accordance with PSAK No. 70, the outstanding amount of claim, deferred tax assets and provision in the profit and loss will be adjusted in the period of Declaration Letter for Tax Amnesty (“Surat Pernyataan Harta untuk Pengampunan Pajak”) submisition as a result of the loss of right which had been recognized as claim for tax refund, deferred tax assets of accumulated fiscal loss (not compensated) and tax provision in accordance with the Tax Amnesty Law.

  • Keputusan yang dibuat oleh entitas harus konsisten untuk semua aset dan liabilitaspengampunan pajak yang diakui.PSAK No. 70 provides options in the initial recognition of the assets or liabilities arising from the implementation of the Tax Amnesty Law, whether to follow the relevant existing SAK according to the nature of the assets or liabilities recognized (PSAK No. 70 Par.

  • PSAK 70 provides options in the initial recognition of the assets or liabilities arising from the implementation of the Tax Amnesty Law, whether to follow the relevant existing SAK according to the nature of the assets or liabilities recognized (General Approach) or to follow the provisions stated in PSAK70 paragraphs 10 to 23 (Optional Approach).

  • Consequently, even if payment under the Tax Amnesty Law did, as a matter of Peruvian law, result in the renunciation of rights under the LSAs (which in the Tribunal’s opinion it did not do), Peruvian law (“the law of the Contracting State party to the dispute”), and in particular the Tax Amnesty Law, would be inconsistent with applicable principles of international law.

  • This PSAK provides accounting treatment for assets and liabilities from Tax Amnesty in accordance with Law No. 11 year 2016 about Tax Amnesty ("Tax Amnesty Law") which became effective on July 1, 2016.

  • Keputusan yang dibuat oleh entitas harus konsisten untuk semua aset dan liabilitaspengampunan pajak yang diakui.PSAK 70 provides options in the initial recognition of the assets and/ or liabilities arising from the implementation of the Tax Amnesty Law, whether to follow the relevant existing SAK according to the nature of the assets and/ or liabilities recognized (General Approach) or to follow the provisions stated in PSAK 70 paragraphs 10 to 23 (Optional Approach).

  • Moreover, with the close of the Tax Amnesty Law in May, which generated about P5 billion in revenues, the BIR has started to intensify the Run after Tax Evaders (RATE) Program.

  • In order to benefit from the Tax Amnesty Law, the taxpayer must desist from challenges before “administrative or judicial authorities.” Under each LSA, it was agreed that disputes over the scope of protection provided by the LSA would be referred to arbitration (national or international arbitration, in the case of the Egenor LSA, and ICSID arbitration, in the case of the DEI Bermuda LSA) and not to administrative or judicial authorities.180.

  • PSAK ini mengatur perlakuan akuntasi atas aset dan liabilitas pengampunan pajak sesuai dengan Undang-Undang No. 11/2016 tentang PengampunanPajak (“UU Pengampunan Pajak”) yang berlaku efektif tanggal 1 Juli 2016.This PSAK provides accounting treatment for assets and liabilities from tax amnesty in accordance with Law No. 11/2016 about Tax Amnesty ("Tax Amnesty Law") which became effective on July 1, 2016.

  • Id. at 366-374.According to the OSG,13 CS Garment had already complied with all documentary requirements of the 2007 Tax Amnesty Law.

Related to Tax Amnesty Law

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

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

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

  • Transaction Payroll Taxes means the employer portion of any payroll or employment Taxes incurred or accrued with respect to any bonuses, option exercises, payments to employee stock option holders or other compensatory payments made in connection with the transactions contemplated by this Agreement.

  • 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 Ruling as used in this Agreement, shall mean a written ruling of a taxing authority relating to Taxes. "Closing Agreement", as used in this Agreement, shall mean a written and legally binding agreement with a taxing authority relating to Taxes.

  • Tax Authority means, with respect to any Tax, the governmental entity or political subdivision thereof that imposes such Tax, and the agency (if any) charged with the collection of such Tax for such entity or subdivision.

  • Tax Authorities means Hong Kong or foreign tax, revenue or monetary authorities.

  • State Income Tax means any Tax imposed by any State of the United States or by any political subdivision of any such State which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income.

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not.

  • 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.

  • Tax Commission means the Oklahoma Tax Commission;

  • Regulatory Law means the Xxxxxxx Act, as amended, the Xxxxxxx Act, as amended, the HSR Act, the Federal Trade Commission Act, as amended, and all other federal, state and foreign, if any, statutes, rules, regulations, orders, decrees, administrative and judicial doctrines and other laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition.

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

  • Hart-Scott-Rodino Act means the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

  • Tax Commissioner means the tax commissioner appointed under section 121.03 of the Revised Code.

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

  • Antitrust Law means the Xxxxxxx Act, as amended, the Xxxxxxx Act, as amended, the HSR Act, the Federal Trade Commission Act, as amended, Foreign Antitrust Laws and all other Laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition through merger or acquisition.

  • Payroll Tax Executive Order means the Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, as issued on August 8, 2020 and including any administrative or other guidance published with respect thereto by any Governmental Entity (including IRS Notice 2020-65).

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • 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).

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

  • taxable territory means the territory to which the provisions of this Act apply;

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Tax Legislation means all statutes, statutory instruments, orders, enactments, laws, by-laws, directives and regulations, whether domestic or foreign decrees, providing for or imposing any Tax.