HMRC DT Treaty Passport scheme definition

HMRC DT Treaty Passport scheme means the Board of H.M. Revenue and Customs Double Taxation Treaty Passport scheme.

HMRC DT Treaty Passport scheme means the Double Taxation Treaty Passport Scheme as implemented by HM Revenue & Customs from September 1, 2010, in relation to corporate lenders.

HMRC DT Treaty Passport scheme means the HM Revenue & Customs Double Taxation Treaty Passport Scheme for overseas corporate lenders which commenced on 1 September 2010.

Examples of HMRC DT Treaty Passport scheme in a sentence

• For the avoidance of doubt, nothing in this Section 2.17 shall require a UK Treaty Lender to (i) register under the HMRC DT Treaty Passport scheme or (ii) apply the HMRC DT Treaty Passport scheme to any Borrowings by the Borrower held by such Lender if it has so registered.

• If a Lender has not confirmed its scheme reference number and jurisdiction of tax residence in accordance with paragraph (h)(ii) above, no UK Borrower shall make a Borrower DTTP Filing or file any other form relating to the HMRC DT Treaty Passport scheme in respect of that Lender’s Commitment(s) or its participation in any Loan unless the Lender otherwise agrees.

• If a Lender has not indicated that it wishes the HMRC DT Treaty Passport scheme to apply in accordance with this Section 2.17(g)(ii) as per the above then the Borrower shall not file any form relating to the HMRC DT Treaty Passport scheme in respect of any Borrowings held by such Lender or any Letters of Credit issued for the account of the Borrower.

• For the avoidance of doubt, nothing in this Section 2.17 shall require a UK Treaty Lender to (i) register under the HMRC DT Treaty Passport scheme or (ii) apply the HMRC DT Treaty Passport scheme to any Borrowings by the Borrower held by such Lender or any Letters of Credit issued for the account of the Borrower if it has so registered.

• If a Lender has not confirmed its scheme reference number and jurisdiction of tax residence in accordance with paragraph (j)(ii) above, no Obligor shall make a Borrower DTTP Filing or file any other form relating to the HMRC DT Treaty Passport scheme in respect of that Lender’s Commitment(s) or its participation in any Loan unless the Lender otherwise agrees.

More Definitions of HMRC DT Treaty Passport scheme

HMRC DT Treaty Passport scheme means the H.M. Revenue and Customs Double Taxation Treaty Passport scheme.

HMRC DT Treaty Passport scheme means the United Kingdom HM Revenue & Customs DT Treaty Passport scheme for companies or other fiscally opaque entities resident in a country with which the United Kingdom has a double taxation treaty that provides for relief from United Kingdom income tax on interest arising in the United Kingdom.

HMRC DT Treaty Passport scheme means the administrative simplification scheme designed to assist certain non-UK lenders in accessing reduced withholding tax rates on interest that are available within the UK’s tax treaties with other territories and which is administered by HM Revenue and Customs.

HMRC DT Treaty Passport scheme means the H.M. Revenue and Customs Double Taxation Treaty Passport scheme. “Honor Date” has the meaning assigned to such term in Section 2.03(c).

HMRC DT Treaty Passport scheme means the HMRC Double Taxation Treaty Passport scheme. “Impacted Interest Period” has the meaning set forth in the definition of Eurocurrency Base Rate.

HMRC DT Treaty Passport scheme the Board of H.M. Revenue and Customs Double Taxation Treaty Passport scheme.

HMRC DT Treaty Passport scheme means the Board of H.M. Revenue and Customs Double Taxation Treaty Passport scheme. “Impacted Interest Period” has the meaning set forth in the definition of Eurocurrency Base Rate.