Tax/Taxes definition

Tax/Taxes means all actual taxes and tax liabilities, in respect of income taxes, corporate taxes, sales taxes, VAT, withholding taxes, stamp duties, share transfer taxes, payroll taxes, wage related duties (in Danish: “Lønsumsafgift”), social security taxes and property taxes, capital gains taxes and all other taxes, assessments and public duties, levies or similar charges of any kind including but not limited to any interest, penalties and additions imposed with respect to such amounts, and including all liability for the payment of any amounts of the type described in this paragraph as a result of being a member of an affiliated, consolidated, combined, unitary or aggregate Company and all other taxes and public duties of any kind.
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Examples of Tax/Taxes in a sentence

  • Tax/Taxes shall be deducted at source in accordance with the relevant laws/rules from time to time prevailing.

  • Examples of how practical principles are applied Example 1 Personal Income Tax.Taxes have to be recorded best at time the economic activity occurs, which may impair timeliness needs.

  • YearAd Valorem TaxTaxes Paid Per AgreementTotal Tax Abatement2010$ 1,218,038$ 803,108$ 414,9302011$ 1,229,822$ 843,264$ 386,5582012$ 1,257,340$ 885,427$ 371,913*2013$ 1,148,381$ 929,698$ 218,6822014$ 1,301,388$ 976,183$ 325,2052015$ 1,357,526$1,024,992$ 332,5342016$ 1,261,931$1,026,523$ 235,408*2017$ 1,420,743$1,028,929$ 391,814*Reassessment year Taxes shown above are total taxes, including City, Library and Education.

  • Taxation and Deferred Tax:Taxes on income for the period comprise of the current tax and the change in deferred taxes.

  • Taxes and employment related expenses to be withheld in connection with the reward payment shall be accordant with the legislation in force (Tax/Taxes).

  • Taxes to be withheld in connection with the reward payment shall, in accordance with the legislation in force, include- statutory income tax accordant with the applicable income tax rate,- transfer tax, and- any other applicable taxes and employment related expenses (all aforementioned jointly Tax/Taxes).

  • The Taxes and Fees are summarized as follows:CategoryDescriptionApproximate Amount Accrued as of Petition DateApproximate Amount Due During Interim Period Sales & Use TaxTaxes imposed on the sale and use of certain goods andservices, including the sale of coal.

  • The Confirmed Reward from each Performance Period shall mean a gross number of Shares before the deduction for statutory income tax in accordance with the applicable income tax rate, transfer tax and any other applicable taxes and employment related expenses as in detail determined by the Company (Tax/Taxes).

  • Such disguised profit distributions through transfer pricing are not accepted as tax deductible for corporate income tax purposes.Deferred TaxTaxes on income for the year also comprise deferred taxes.

  • For example, the NERI proposes that government should introduce a tax on net household wealth in excess of €1 million and phase out various reliefs associated with Capital Acquisition Tax and the Local Property Tax.Taxes on the stock of wealth and on wealth transfers offer the most promising ‘low hanging fruit’ for increasing government revenue in the short term.

Related to Tax/Taxes

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • New Taxes means (i) any Taxes enacted and effective after the Effective Date, including, without limitation, that portion of any Taxes or New Taxes that constitutes an increase, or (ii) any law, order, rule or regulation, or interpretation thereof, enacted and effective after the Effective Date resulting in the application of any Taxes to a new or different class of parties.

  • 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.

  • Payroll Taxes means State Unemployment Insurance (“SUI”), Federal Unemployment Insurance (“FUI”) and payments pursuant to the Federal Insurance Contributions Act (“FICA”).

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or not.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Value Added Taxes means such sum as shall be levied upon amounts payable to the Consultant under this Contract by any Governmental Authority that is computed as a percentage of the amounts payable to the Consultant (including all other Taxes but excluding Value Added Taxes), and includes the HST, and any similar tax, the payment or collection of which, by the legislation imposing such tax, is an obligation of the Consultant.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Transfer Taxes means any and all sales, use, value added, stamp, documentary, filing, recording, transfer, real estate, stock transfer, intangible property transfer, personal property transfer, gross receipts, registration, securities transactions, conveyance and notarial Taxes, and similar fees, Taxes and governmental charges (together with any interest, penalty, addition to Tax, and additional amount imposed in respect thereof) arising out of or in connection with the transactions contemplated by this Agreement.

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Additional Taxes means taxes, duties or other governmental charges imposed on the Trust as a result of a Tax Event (which, for the sake of clarity, does not include amounts required to be deducted or withheld by the Trust from payments made by the Trust to or for the benefit of the Holder of, or any Person that acquires a beneficial interest in, the Securities).

  • 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.

  • Excise Taxes see Section 5.1.

  • Conveyance Taxes means sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Non-Income Taxes means any Taxes other than Income Taxes.