Value Added Tax Act 1994 definition

Value Added Tax Act 1994 means the Value Added Tax Act 1994 of the United Kingdom.
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Value Added Tax Act 1994 means the Value Added Tax Xxx 0000 of the United Kingdom.
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Examples of Value Added Tax Act 1994 in a sentence

  • Where under this contract one party is to reimburse or indemnify the other in respect of any payment made or cost incurred by the other, the first party shall also reimburse any VAT paid by the other which forms part of its payment made or cost incurred to the extent such VAT is not available for credit for the other party (or for any person with whom the indemnified party is treated as a member of a group for VAT purposes) under sections 25 and 26 of the Value Added Tax Act 1994.

  • B5.1 Where an amount, including any assessed amount, is due from the Contractor as Value Added Tax under the Value Added Tax Act 1994 (as amended) an equivalent amount may be deducted by the Client from the amount of any sum due to the Contractor under the Contract.

  • The Buyer may be required to pay to the Seller such amount of Value Added Tax payable by virtue of the Value Added Tax Act 1994 at the rate for the time being in force as shall be legally payable in respect of all monies contracted to be paid by the Buyer.

  • VAT: value added tax payable by virtue of the Value Added Tax Act 1994 and any similar tax from time to time in addition to it, replacing it or performing a similar fiscal function.

  • VAT is a complex tax governed by the Value Added Tax Act 1994 (VATA) so this overview is very limited in scope.

  • Any invoice or other request for payment of monies due to the Contractor under the Contract shall, if he is a taxable person, be in the same form and contain the same information as if the same were a tax invoice for the purposes of regulations made under the Value Added Tax Act, 1994.

  • B4.1 The Contractor shall at all times comply with the Value Added Tax Act 1994 and all other statutes relating to direct or indirect taxes.

  • Section 89 of the Value Added Tax Act 1994 shall not apply to affect the amount of the cash management fee paid by the Issuer to the Cash Manager pursuant to this Clause 9.1 (Fees payable).

  • The charges in this schedule are exclusive of VAT which will be charged in accordance with the provisions of the Value Added Tax Act 1994 or with any subsequent replacement or amending Act, Order or regulation.

  • The Developer must, where applicable, ensure that each invoice is a valid VAT invoice for the purposes of the Value Added Tax Act 1994 (or any similar or replacement legislation).

Related to Value Added Tax Act 1994

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • VATA 1994 means the Value Added Tax Xxx 0000;

  • VATA means the Value Added Tax Xxx 0000;

  • 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.

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

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

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

  • VAT means Value Added Tax

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

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • Canadian Tax Act means the Income Tax Act (Canada) and the regulations thereunder, as amended from time to time.

  • 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.

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

  • Applicable Tax Rate means the estimated highest aggregate marginal statutory U.S. federal, state and local income, franchise and branch profits tax rates (determined taking into account the deductibility of state and local income taxes for federal income tax purposes and the creditability or deductibility of foreign income taxes for federal income tax purposes) (“Tax Rate”) applicable to any Partner on income of the same character and source as the income allocated to such Partner pursuant to Sections 5.04(a) and (b) for such fiscal year, fiscal quarter or other period, as determined by the Tax Matters Partner in its discretion; provided that, in the case of a Partner that is a partnership, grantor trust or other pass-through entity under U.S. federal income tax law, the Tax Rate applicable to such Partner for purposes of determining the Applicable Tax Rate shall be the weighted average of the Tax Rates of such Partner’s members, grantor-owners or other beneficial owners (weighted in proportion to their relative economic interests in such Partner), as determined by the Tax Matters Partner in its discretion; provided, further, that if any such member, grantor-owner or other beneficial owner of such Partner is itself a partnership, grantor trust or other pass-through entity similar principles shall be applied by the Tax Matters Partner in its discretion to determine the Tax Rate of such member, grantor-owner or other beneficial owner.

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

  • 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.

  • GATT 1994 means the General Agreement on Tariffs and Trade 1994 in Annex 1A to the WTO Agreement. For the purposes of this Agreement, references to articles in the GATT 1994 include the interpretative notes;

  • Applicable Tax State means the State in which the Owner Trustee maintains its Corporate Trust Office, the State in which the Owner Trustee maintains its principal executive offices and the State of Michigan.

  • QST means the Quebec sales tax imposed pursuant to an Act respecting the Québec sales tax.

  • Goods and Services Tax or “GST” means the goods and services tax chargeable under the Goods and Services Tax Act (Cap. 117A);

  • GST Act means A New Tax System (Goods and Services Tax) Xxx 0000 (Cth).

  • VAT Act means the Value Added Tax Act, No 89 of 1991, as may be amended from time to time.

  • Presumed Tax Rate means the highest effective marginal statutory combined U.S. federal, state and local income tax rate prescribed for an individual residing in New York City (taking into account (i) the deductibility of state and local income taxes for U.S. federal income tax purposes, assuming the limitation of Section 68(a)(2) of the Code applies and taking into account any impact of Section 68(f) of the Code, and (ii) the character (long-term or short-term capital gain, dividend income or other ordinary income) of the applicable income).

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

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

  • integrated tax means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act;