VAT Payables definition

VAT Payables in relation to each FleetCo means, at the time of calculation, and in relation to each VAT Week of that FleetCo, the aggregate on the Friday of the immediately preceding VAT Week of the output tax of that FleetCo attributable to that preceding VAT Week, including but not limited to amounts of output tax which relate to Vehicles sold and amounts not referable to the sales of Vehicles;
VAT Payables means, at any time and in relation to Dutch FleetCo, Spanish Branch and French FleetCo, the aggregate of all VAT payments owed by it to the Spanish Tax Authority or French Tax Authority, respectively at such time.
VAT Payables means, at any time and in relation to any Ultimate Borrower, the aggregate of all VAT payments owed by such Ultimate Borrower to a taxation authority in its Core Country at such time;

Examples of VAT Payables in a sentence

  • Accumulated surplus and VAT Payables from exchange transactions (3 218 631)were overstated.

  • Agreed Management Action ANZ Adopt a School – Variance of $403,374 has been regularized through audit adjustment in FY2017-2018.Officer ResponsibleRespective Accounting Heads.4.22 Anomalies for VAT Payables – TMA‌VAT Payable or Refundable will be determined by the balance sitting in Natural account number 863201 at the end of the month.


More Definitions of VAT Payables

VAT Payables means, at any time and in relation to any Ultimate Borrower, the aggregate of all VAT payments owed by such Ultimate Borrower to the relevant taxation authority at such time;

Related to VAT Payables

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.