Canadian Income Tax Act definition

Canadian Income Tax Act means the Income Tax Act (Canada), R.S.C. 1985 C.1 (5th Supp), as amended.
Sample 1Sample 2Sample 3
Canadian Income Tax Act means the Income Tax Act (Canada), as amended from time to time.
Sample 1Sample 2Sample 3
Canadian Income Tax Act means the Income Tax Act (Canada), R.S.C. 1985 c.1 (5th Supp.).
Sample 1Sample 2

Examples of Canadian Income Tax Act in a sentence

  • The Company may also be subject to a Part XII.6 tax on flow-through proceeds renounced, in accordance with the Canadian Income Tax Act flow-through regulations.

  • Pursuant to the Canadian Income Tax Act and the terms of the flow-through share agreements, these shares transfer the tax deductibility of qualifying resource expenditures to investors.

  • Share capital includes flow-through shares which is a unique Canadian tax incentive pursuant to certain provisions of the Canadian Income Tax Act.

  • Under the Canadian Income Tax Act, an enterprise may issue securities referred to as flow-through shares.

  • Flow-through shares Under Canadian income tax legislation, the Company is permitted to issue shares whereby the Company agrees to incur qualifying expenditures (as defined under the Canadian Income Tax Act) and renounce the related income tax deductions to the investors.

  • Participants in the plan can elect to contribute up to the lesser of (i) 50% of the RRSP contribution limit as established under the Canadian Income Tax Act or (ii) 9% of their annual base salary, and the Company will match this contribution.

  • None of the Canadian Pension Plans contain or have ever contained a “defined benefit provision”, as that term is defined in subsection 147.1(1) of the Canadian Income Tax Act.

  • Under the Canadian Income Tax Act, a company may issue securities referred to as flow-through shares whereby the investor may claim the tax deductions arising from the qualifying expenditure of the proceeds by the company.

  • Under Canadian income tax legislation, the Company is permitted to issue shares whereby the Company agrees to incur qualifying expenditures (as defined under the Canadian Income Tax Act) and renounce the related income tax deductions to the investors.

  • Under Canadian income tax legislation, corporations are permitted to issue shares whereby the corporation agrees to incur qualifying expenditures as defined under the Canadian Income Tax Act, and renounce the related income tax deductions to the investors.


More Definitions of Canadian Income Tax Act

Canadian Income Tax Act. Income Tax Act, Revised Statutes of Canada (1985).
Sample 1Sample 2
Canadian Income Tax Act means the Income Tax Act, R.S.C. 1985, c.1 (5th Supplement) and the regulations thereunder. “Closing” shall have the meaning ascribed to such term in Section 2.04 hereof.
Sample 1
Canadian Income Tax Act means the Income Tax Act (Canada), as amended from time to time. “Canino” has the meaning set forth in the preamble.
Sample 1
Canadian Income Tax Act means the Income Tax Act (Canada), R.S.C. 1985, c.1 (5th Supplement) as amended and the Income Tax Regulations. “Canadian Regulatory Approvals” has the meaning ascribed to the term “Regulatory Approvals” in the Debenture but, for purposes of this Agreement,
Sample 1
Canadian Income Tax Act means the Canadian Income Tax Act, R.S.C. 1985, c. 1 (5th Suppl.) and any regulations or amendments thereto;
Sample 1
Canadian Income Tax Act means the Income Tax Act (Canada), as amended fromtime to time.
Sample 1

Related to Canadian Income Tax Act

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

  • 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.

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

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

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

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

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

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

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

  • Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP;

  • 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.

  • Investment Income means dividends, capital gains, or interest in- come generated from:

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

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

  • 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.

  • Exempt income means all of the following:

  • United States Tax Person A citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia, an estate whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its source or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Tax Persons have the authority to control all substantial decisions of the trust, all within the meaning of Section 7701(a)(30) of the Code (or, to the extent provided in the applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to be treated as United States Tax Persons).

  • Federal Income Tax means any Tax imposed by Subtitle A or F of the Code.

  • Income Tax means any federal, state, local or foreign Tax (a) based upon, measured by or calculated with respect to net income, profits or receipts (including, without limitation, capital gains Taxes and minimum Taxes) or (b) based upon, measured by or calculated with respect to multiple bases (including, without limitation, corporate franchise taxes) if one or more of the bases on which such Tax may be based, measured by or calculated with respect to, is described in clause (a), in each case together with any interest, penalties, or additions to such Tax.

  • 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.

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

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

  • Canadian Taxes has the meaning specified in Section 1005.