Tax Rules definition

Tax Rules means the Income Tax Rules, 1962.

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Tax Rules means Section 102 of the ITO, the regulations and rules promulgated thereunder (as revised from time to time) and any ruling agreement between the Company and the Israeli Taxes Authority, all as applicable to any specific grant of Options;

Tax Rules the provisions set forth in Chapter B, part E, section 102 of the Income Tax Ordinance (New Version), 1961 and in the Income Tax Rules (Income Tax Abatement on Allotment of Shares To Employees), 1989;

Examples of Tax Rules in a sentence

Each amount to be paid or benefit to be provided under this Agreement shall be construed as a separately identified payment for purposes of the Deferred Compensation Tax Rules, and any payments described in this Agreement that are due within the “short term deferral period” as defined in the Deferred Compensation Tax Rules shall not be treated as deferred compensation unless applicable law requires otherwise.
Further, pursuant to the Deferred Compensation Tax Rules, Aramark, in its discretion, is permitted to accelerate the time and form of payments provided under the deferred compensation arrangement set forth in this Agreement (including Exhibit B), where the right to the payment arises due to a termination of the arrangement within the 30 days preceding or the 12 months following a change in control event (as defined in the Deferred Compensation Tax Rules).
For purposes of the Deferred Compensation Tax Rules, each payment made under this Agreement (including, without limitation, each installment payment due under Article 6.A and Exhibit B, as applicable) shall be designated as a “separate payment” within the meaning of the Deferred Compensation Tax Rules, and references herein to Employee’s “termination of employment” shall refer to Employee’s separation from service with Aramark and its affiliates within the meaning of the Deferred Compensation Tax Rules.
In the event that any payments or benefits that Aramark would otherwise be required to provide under this Agreement cannot be provided in the manner contemplated herein without subjecting Employee to tax under the Deferred Compensation Tax Rules, Aramark shall provide such intended payments or benefits to Employee in an alternative manner that conveys an equivalent economic benefit to Employee as soon as practicable as may otherwise be permitted under the Deferred Compensation Tax Rules.
In addition, if the commencement of any payment or benefit provided under Article 6 that constitutes “deferred compensation” under the Deferred Compensation Tax Rules could, by application of the terms conditioning such payment or benefit upon the execution and non-revocation of a release set forth in Article 6, occur in one of two taxable years, then the commencement of such payment shall begin on the first payroll date occurring in January of such second taxable year.
In the event DB is unable to provide such renewed WHT exemption certificate to the Borrower the Borrower shall make that Tax deduction and deliver to DB a tax deduction certificate in the format prescribed under the Income Tax Rules, 1962 (Rules) and within the timelines prescribed under the Income Tax Rules, 1962.
Such benefit shall be computed according to the provisions of the (Indian) Income Tax Act, 1961, read with the (Indian) Income Tax Rules, 1962.
This rate is subject to change depending upon the prevailing Tax Rules.
To the extent any reimbursements or in-kind benefits due to Employee under this Agreement constitute “deferred compensation” under the Deferred Compensation Tax Rules, any such reimbursements or in-kind benefits, including but not limited to any reimbursements contemplated by Section 6.a.2(c) of this Agreement, shall be paid to Employee in a manner consistent with Treas.
The Plant and Machinery shall have the same meaning as assigned to the plant and machinery in the Income Tax Rules, 1962 framed under the Income Tax Act, 1961 and shall include all tangible assets (other than land and building, furniture and fittings).

More Definitions of Tax Rules

Tax Rules means the Tax Act and the Regulations thereunder, collectively, all as amended or replaced from time to time;

Tax Rules. For “Tax-Deferred” allocations only, if you die before the Retirement Date we must pay any benefit due to a non-spousal Beneficiary: a) in a lump sum within five years of death or b) starting within a year of death, in annuity payments payable for such Beneficiary’s life expectancy or less. We further reserve the right to, and we shall, administer all Contracts which are “Qualified” Contracts under applicable sections of the Internal Revenue Code of 1986, as amended, in accordance with all applicable laws and regulations in effect from time to time (all of which are hereby fully incorporated herein by reference and shall govern over any other provisions of the Contract to the contrary), or as otherwise required in our reasonable judgment to maintain such Qualified status or treatment, subject to all applicable legal and regulatory approvals.

Tax Rules means those provisions of the Income Tax Act (Canada) or of the regulations under it, or of both, that apply to pension plans registered or to be registered under that Act and includes any approval, certification or other permission or any direction or order from the federal Minister of National Revenue the absence of which or failure to comply with which may make the Plan’s registration liable to revocation under that Act;

Tax Rules means the Income Tax Rules, 1962. “Transaction Documents” means:

Tax Rules. For "Tax-Deferred" allocations only, if you die before the Retirement Date we must pay any benefit due to a non-spousal Beneficiary: a) in a lump sum within five years of death or b) starting within a year of death, in annuity payments payable for such Beneficiary's life expectancy or less. We further reserve the right to, and we shall, administer all Contracts which are "Qualified" Contracts under applicable sections of the Internal Revenue Code of 1986, as amended, in accordance with all applicable laws and regulations in effect from time to time (all of which are hereby fully incorporated herein by reference and shall govern over any other provisions of the Contract to the contrary), or as otherwise required in our reasonable judgment to maintain such Qualified status or treatment, subject to all applicable legal and regulatory approvals. ANNUITY BENEFITS FOR TAX-DEFERRED AVAILABLE ACCOUNT(S): ANNUITY BENEFIT: If the Annuitant lives to the Retirement Date, we guarantee monthly annuity payments for the Annuitant's lifetime with a minimum of 10 years payments ("FIXED ANNUITY PAYMENT OPTION"). The amount of each payment is based on your last Account Value and all other Contract terms, with 3% interest under the "Annuity 2000 Mortality Table" or an "Age Last Birthday" basis. We may offer more favorable rates and other Annuity Benefits. Annuity Payments: Annuity payments are made monthly starting on the Retirement Date. The annuity payments are guaranteed to be no less than the amount provided by the annuity tables. The minimum payment is $100. The number of payments made in a year may be adjusted to maintain this minimum. If the Account Value is less than $5,000, we have the right to pay that amount in a lump sum. We may require proof of the Annuitant's age before making payments. From time to time, we may require proof that the Annuitant is living.