Tax Legislation definition

Tax Legislation means any statute, statutory instrument, enactment, law, by-law, directive, decree, ordinance, regulation or legislative provision or generally applicable ruling (such as a revenue ruling issued by the U.S. Internal Revenue Service) enacted, issued or adopted providing for, imposing or relating to Tax; and

Tax Legislation means the Tax Act and all federal, provincial, territorial, municipal, foreign, or other statutes imposing a tax, including all treaties, conventions, case law, interpretation bulletins, circulars and releases, rules, regulations, orders, and decrees of any jurisdiction;

Tax Legislation means (a) the Income Tax Assessment Act 1936 of Australia or the Income Tax Assessment Act 1997 of Australia (both as amended from time to time, as the case may be, and a reference to any section of the Income Tax Assessment Act 1936 includes a reference to that section as rewritten in the Income Tax Assessment Act 1997), (b) any other law setting the rate of income tax payable by the Issuer, and (c) any regulation made under such laws;

Examples of Tax Legislation in a sentence

• Canadian Income Tax Legislation permits an enterprise to issue securities referred to as flow-through shares, whereby the investor can claim the tax deductions arising from the renunciation of the related resource expenditures.

• The use of proceeds from flow-through shares is restricted to certain Canadian Exploration Expenditures under Canadian Income Tax Legislation.

• However, “undue expansion” could cause the transitional relief to be revisited, and the New Tax Legislation to be effective at a date earlier than January 1, 2011.

• The New Tax Legislation will apply a tax at the trust level on distributions of certain income from trusts.

• The New Tax Legislation permits “normal growth” for income trusts through the transitional period ending December 31, 2010.

More Definitions of Tax Legislation

Tax Legislation means any statute, enactment, law or regulation providing for the imposition of Tax;

Tax Legislation means the Income Tax Act (Canada) and the corresponding legislation of the province in which the Holder resides, and the regulations adopted thereunder.

Tax Legislation means, collectively, the Income Tax Act (Canada) and the corresponding statute law, case law, rules, regulations, interpretation bulletins and releases, orders and decrees of any other jurisdiction, domestic or foreign.

Tax Legislation means, collectively, the current provisions of the Federal Act, the Saskatchewan Act, the Manitoba Act, the Saskatchewan Tax Act, the Manitoba Tax Act and the regulations under such statutes.

Tax Legislation means the legislation which provides for the levy and payment of tax in South Africa and Swaziland, as the case may be.

Tax Legislation means, collectively, the Code and all federal, state, municipal, foreign, or other statutes imposing a Tax, including all treaties, conventions, rules, regulations, orders, and decrees of any jurisdiction.

Tax Legislation means the Tax Act and any applicable provincial tax legislation, as amended from time to time;