the Income Tax Act 2003 definition

the Income Tax Act 2003 means the Income Tax (Earnings and Pensions) Act 2003; and expressions not otherwise defined herein have the same meanings as they have in Schedule 4.
Sample 1Sample 2Sample 3
the Income Tax Act 2003 means the Income Tax (Earnings and Pensions) Act 2003;
Sample 1Sample 2Sample 3
the Income Tax Act 2003 means the Income Tax (Earnings and Pensions) Act 2003; "Participant" means a person who holds an option granted under the Scheme; "Participating Company" means the Company or any Subsidiary; "Plan" means the Inveresk Research Group, Inc. 2002 Stock Option Plan; "Retirement" means the retirement of a Participant on or after the Participant's attainment of age 55; "Schedule 4" means Schedule 4 to the Income Tax Act 2003; "the Scheme" means the Inveresk Approved Executive Share Option Scheme; "Subsidiary" means any corporation (other than the Company) that is a "subsidiary" corporation with respect to the Company under Section 424(f) of the U.S. Internal Revenue Code of 1986 as amended and of which the Company has control (within the meaning of section 719 of the Income Tax Act 2003); and expressions not otherwise defined in the Scheme have the same meanings as they have in Schedule 4, and if not defined in Schedule 4, the same meanings as they have under the Plan.
Sample 1

Examples of the Income Tax Act 2003 in a sentence

  • If any person obtains control of the Company (within the meaning of section 719 of the Income Tax Act 2003) as a result of making a general offer to acquire shares in the Company, or having obtained such control makes such an offer, the Board shall within 14 days of becoming aware thereof notify every Participant thereof and, subject to sub-rules 5.3, 5.4, and 5.6 above, any option may be exercised within one month (or such longer period as the Board may permit) of such notification.

  • Qualification for credit: joint assessment of married couples(Suggested after Clause 4) [B] For the purposes of section 3 of the Income Tax Act 2003, a married couple are not qualified to claim credit if the combined capital of the couple exceeds£50,000.

  • Section 19 of the Income Tax Act 2003 (international information exchange) is amended as follows.

  • In this case, (13) can be preferable with respect to(10) since multiply–connected domains do not require any additional computational effort and the implementation of complex algorithms.Instead, when larger problems are considered, an efficient procedure to solve (13) must be devised to keep the computational effort affordable.

  • Credit: individuals(Suggested after Clause 4) [C] (1) In section 5(1) of the Income Tax Act 2003 for “£6,000” substitute “£8,000” and for “£200” substitute “£500”.

  • Malachy Cornwell-Kelly Secretary of the HouseINCOME TAX (AMENDMENT) (NO 2) BILL NEW CLAUSES TO BE MOVED BY MR KARRANQualification for credit: individuals(Suggested after Clause 4) [A] For the purposes of section 2 of the Income Tax Act 2003, an individual is not qualified to claim credit if that individual’s capital exceeds £25,000.

  • This Order amends the Income Tax Act 2003 in order to ensure that a personal allowance credit cannot be claimed for, or paid in respect of, an individual for the year of assessment in which the individual dies.

  • This Order inserts a new part into the Income Tax Act 1970, which consolidates international enabling legislation from section 54 of that Act and Part 3 of the Income Tax Act 2003.

  • Meanwhile; Withholding Tax of UGX.27,334,129 was not deducted contrary to the Income Tax Act 2003.

  • This brings together the current statute regarding the approval of international agreements from section 15 of the Income Tax Act 2003 and approval of double taxation agreements from section 54 of the 1970 Act.

Related to the Income Tax Act 2003

  • Income Tax Act means the Income Tax Act, 1962 (Act No. 58 of 1962);

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not.

  • U.S. Tax Code means the United States Internal Revenue Code of 1986, as amended.

  • ITEPA 2003 means the Income Tax (Earnings and Pensions) Act 2003;

  • State Income Tax means any Tax imposed by any State of the United States or by any political subdivision of any such State which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income.

  • Tax Act means the Income Tax Act (Canada).

  • Non-Income Tax means any Tax other than an Income Tax.

  • Federal Income Tax means any Tax imposed by Subtitle A of the Code, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • VATA means the Value Added Tax Xxx 0000;

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • Tax Code means the Internal Revenue Code of 1986, as amended.

  • Exempt income means all of the following:

  • Applicable Tax Law means any foreign, federal, state or local tax law, statute, regulation, rule, code or ordinance enacted, adopted, issued or promulgated by any Governmental Body or common law that apply to any party hereto, this Agreement or the activities contemplated hereby, as applicable.

  • VATA 1994 means the Value Added Tax Xxx 0000;

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Fair Labor Standards Act means the Fair Labor Standards Act, 29 U.S.C. §201 et seq.

  • U.S. Internal Revenue Code means the United States Internal Revenue Code of 1986, as amended.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.