Tax point definition
Tax point means the time the seller receives payment for the sale or the time the seller issues a tax invoice covering the sale.
Examples of Tax point in a sentence
Partner agrees that Taxes (if appropriate) shall be calculated out of the amounts payable by ▇▇▇▇▇▇▇.▇▇▇ (and not on top of), at the rate prevailing at the relevant Tax point.
Tax point and Related Services Tax services as needed, and lure an executive employment agreement, or IOM personnel.
Likewise, if the Loss incurred by the Indemnified Party allows for a benefit from the Tax point of view (e.g., if it is deductible from the calculation basis of income tax, social contributions, or in any other manner), the corresponding Tax benefit shall be deducted from the amount of the indemnifiable Loss.