VATCA definition
Examples of VATCA in a sentence
MYLAN agrees to notify THERAVANCE immediately, should MYLAN cease to satisfy the conditions of section 56 VATCA or should the Form 56B (or 13B, if applicable) become invalid for whatever reason.
An extra limb should be added to this definition where it is referable to an Irish obligor, which reads "any value added tax as provided for in the VATCA (or any replacement Act) as amended from time to time and any other tax of a similar nature".
No arrangement exists or has existed whereby pursuant to Section 15(1) VATCA and Regulation 6 of the Value Added Tax Regulations 2006 (as amended) (or any similar provisions of non-Irish Tax law) the business activities of any Group Company are or were deemed to be carried on by any other person or the business activities of any other person are or were deemed to be carried on by any Group Company.
The Transferred Subsidiary is not a capital goods owner as defined in section 63(1) VATCA.
VATCA should be defined in the LMA Agreement as follows: ""VATCA" means the Value Added Tax Consolidation Act (as amended) of Ireland".
The Parties intend that the sale of the Transferred Assets under this Agreement shall constitute a transfer of a business and shall use all reasonable efforts to secure that the sale of the Transferred Assets under this Agreement is treated as neither a supply of goods nor a supply of services for the purposes of VAT in accordance with Sections 20(2)(c) and 26(2) VATCA, such that no VAT shall be chargeable in respect of the sale and purchase under this Agreement.