Tax Provisions definition

Tax Provisions is defined in Section 5.05.
Tax Provisions means, for any Fiscal Period, the sum of (a) the provision for taxes based on income or profits which was deducted from gross income in the computation of net income, plus (b) without duplication, the cash amount of any such taxes paid in excess of the corresponding provisions.
Tax Provisions means Section 4.9 and Section 6.4.

Examples of Tax Provisions in a sentence

  • Joint Committee on Taxation, Description of the Tax Provisions in H.R. 2776, p.

  • In the case of Credit Card, the Credit Limit in respect of the Card Account is the combined limit applicable to both the Principal Card member and the Supplementary Card member.

  • Authorized Signatory with address * Person providing taxable services in excess of rupees Nine Lakhs per annum (but less than Rupees Ten Lakhs) will have to register with Superintendent of Central Excise under Service Tax Provisions [Notification No. 26/2005-ST, dated 7-6-2005], though they will be eligible for exemption if turnover is less than Rupees Ten Lakhs per annum.

  • In pursuance to amendment in the Indian Income Tax Provisions, the Company is required to withhold the taxes on dividend income paid to its resident shareholder, as per the prescribed rates under Section 194 of the Income Tax Act, 1961 {“the Act”).

  • Costs of complying with the foregoing Special Sales Tax Provisions shall be included in the Bid Proposal submitted and the Contractor shall not be entitled to receive additional compensation for such compliance.


More Definitions of Tax Provisions

Tax Provisions means Exhibit B attached hereto and incorporated by reference as if set forth in full herein.
Tax Provisions section contains references to terms which, if not defined in the “Definitions” section or elsewhere in this Contract, have the meaning provided in the applicable section of the Code. Such references are subject to change from time to time, in accordance with changes in the Code, and will be administered to comply with such change.
Tax Provisions. - means, in connection with the grant of Options, the tax provisions on the capital gain tax track by a trustee under Section 102.
Tax Provisions means all Taxes payable as accounted for in the Financial Statements of Kischi and the Holdings and all Taxes accruals calculated on a pro-rata basis as at the Closing Date for Kischi and the Holdings in accordance with GAAP applied on a consistent basis for the past two years. (Schedule 1.1 Taxes Provisions)
Tax Provisions means the Tax Warranties and the tax covenant set out in Parts II and III respectively of Schedule 5.
Tax Provisions means the tax representations, indemnity obligations and transfer restrictions and related provisions reflected in Sections 3.2(e), 4.3, 4.7, 4.8 and 4.9 hereof.
Tax Provisions means the provisions set forth on Annex 20E.