Tax Deduction definition

Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.
Tax Deduction has the same meaning given to the term in Clause 12.1 (Definitions).
Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document, other than a FATCA Deduction.

Examples of Tax Deduction in a sentence

  • If a Party is required by Law to make a Tax Deduction, the amount of the payment shall be increased to an amount which, after making the required Tax Deduction, leaves the recipient in the same after-Tax position as it would have been, had no Tax Deduction been required.


More Definitions of Tax Deduction

Tax Deduction means any deduction or withholding on account of Tax.
Tax Deduction has the same meaning given to the term in Clause 18.1 (Definitions).
Tax Deduction has the same meaning given to the term in Clause 16.1 (Definitions).
Tax Deduction means a deduction or withholding for or on account of UK Tax from a payment under any Loan Document.
Tax Deduction means a deduction or withholding for or on account of Tax from a payment under this Guarantee.
Tax Deduction means any deduction or withholding for or on account of any present or future tax except tax on the Lender's overall net income.
Tax Deduction means a deduction for or on account of Tax from a payment under a Transaction Document.