Tax risk Sample Clauses

Tax risk. 21.1 Income or profit from any investments made by the Customer may be subject to withholding tax, capital gains tax or other taxes imposed by the country in which the investment was made or issued. Taxation may lead to a reduction in principal amounts and/or profit.
AutoNDA by SimpleDocs
Tax risk. There can be different taxes related to cryptocurrencies in jurisdiction(s) of your citizenship and/or residence. The Company is not responsible for any of your tax issues.
Tax risk. Tax risk is the financial risk arising from possible misinterpretations or changes in the federal or state tax laws. To minimize this risk, NJR’s tax department monitors federal and state tax laws affecting NJNG’s business operations. In addition, Management is required to notify NJR’s tax department prior to conducting business in a new tax jurisdiction (i.e., country, federal, state or city).
Tax risk. TAG MEX acknowledges that the LLC is a "pass through" -------- entity and as such, TAG MEX will be directly taxed on TAG MEX's allocable share of the LLC's profits regardless of whether distributions are made to TAG MEX.
Tax risk. Azteca acknowledges that the LLC is a "pass through" -------- entity and as such, Azteca will be directly taxed on Azteca's allocable share of the LLC's profits regardless of whether distributions are made to Azteca.
Tax risk. All UK residents are subject to the UK taxation regime. All offshore funds are subject to their local tax regimes and returns to UK residents are subject to the UK taxation regime. As a result of using our Service, your tax position may change. Levels of tax, tax rules and tax relief are subject to change. You have sole responsibility for the management of your legal and tax affairs and if you are unclear as to what your position is, you should seek professional advice.
Tax risk. 16.1 Income or profit from any investments made by the Customer may be subject to withholding tax, capital gains tax or other taxes imposed by the country in which the NID/INI was made or issued. Taxation may lead to a reduction in principal amounts and/or profit. SCHEDULE 3 - UNIT TRUST
AutoNDA by SimpleDocs
Tax risk. The Fund has elected to be treated as a RIC under the Code and intends each year to qualify and be eligible to be treated as such, so that it generally will not be subject to U.S. federal income tax on its net investment income or net short-term or long-term capital gains distributed to shareholders. In order to qualify and be eligible for such treatment, the Fund must meet certain asset diversification tests, derive at least 90% of its gross income for such year from certain types of qualifying income, and distribute to its shareholders at least 90% of its “investment company taxable income” as that term is defined in the Code (which includes, among other things, dividends, taxable interest and the excess of any net short-term capital gains over net long-term capital losses, as reduced by certain deductible expenses). The Fund’s investment strategy will potentially be limited by its intention to continue qualifying for treatment as a RIC, and can limit the Fund’s ability to continue qualifying as such. The tax treatment of certain of the Fund’s investments under one or more of the qualification or distribution tests applicable to regulated investment companies is uncertain. An adverse determination or future guidance by the IRS or a change in law might affect the Fund’s ability to qualify or be eligible for for treatment as a RIC. Income and gains from certain of the Fund’s activities, including fees received in connection with the origination of loans, may not constitute qualifying income to a RIC for purposes of the 90% gross income test. If the Fund were to treat income or gain from a particular investment or activity as qualifying income and the income or gain were later determined not to constitute qualifying income and, together with any other nonqualifying income, caused the Fund’s nonqualifying income to exceed 10% of its gross income in any taxable year, the Fund would fail to qualify as a RIC unless it is eligible to and does pay a tax at the Fund level. If, in any year, the Fund were to fail to qualify for treatment as a RIC under the Code, and were ineligible to or did not otherwise cure such failure, the Fund would be subject to tax on its taxable income at corporate rates and, when such income is distributed, shareholders would be subject to further tax, on such distributions to the extent of the Fund’s current or accumulated earnings and profits. Subsidiary Risk To the extent the Fund invests through one or more of its Subsidiaries, the Fun...
Tax risk. The basis and rate of taxation in respect of the Securities and reliefs depend on your own individual circumstances and could change at any time. More particularly, tax law and its application by the relevant taxation authorities is subject to change and differing interpretations, possibly with retrospective effect, and this could negatively affect the value of the Securities. Any such change may cause the tax treatment of the Securities to change from the tax position at the time of purchase. It is not possible to predict the precise tax treatment which will apply at any given time and changes in tax law may give the Issuer the right to amend the terms and conditions of the Securities, or redeem the Securities. This could have a negative impact on the return of the Securities. You should seek your own independent tax advice as to the possible tax treatment of redemption payments (such term including early or final redemption) received on Securities prior to investing. In the event that your Securities pay a coupon otherwise than by way of a premium payable on redemption (such term including early or final redemption), you should be aware that such coupon will likely be subject to income tax.
Tax risk. The purchase, holding or sale of investments by the AIF may be subject to tax regulations (e.g. withholding tax) outside the AIF's country of domicile. Further, the legal and fiscal treatment of AIFs may change in unforeseeable and uncontrollable ways. If the AIF's tax reporting documen- tation was drawn up incorrectly in previous financial years, subsequent amendments (e.g. in response to an external tax audit) may entail an essentially adverse tax adjustment for the in- vestor with the result that investors may find themselves shouldering the tax burden for previous financial years even though some of them may not have invested in the AIF at that particular time. Conversely, in the event of an essentially advantageous tax adjustment for current and previous financial years in which particular investors participated in the AIF, those investors run the risk of missing out on the adjustment if they have redeemed or disposed of their units before the adjustment is made. In addition, tax data adjustments can have the effect that allowance for taxable investment income or tax advantages is made in a tax period other than the one that is actually appropriate, with negative consequences for individual investors.
Time is Money Join Law Insider Premium to draft better contracts faster.