Securities Transaction Tax definition

Securities Transaction Tax shall have the meaning assigned under Clause 3.2.3.2 (a).

Securities Transaction Tax or STT” has the meaning given to such term in Clause 3.2.3.2(a) of this Agreement;

Securities Transaction Tax means the securities transaction tax (xxxxx-xxxx-guh-rae-sae) imposed under the Securities Transaction Tax Law of Korea in relation to the transactions described herein.

Examples of Securities Transaction Tax in a sentence

• The Securities Transaction Tax levied under the Income Tax Act, 1961, at the applicable rate on the amount of redemption will be reduced from the amount of redemption.

• Any gain realized on the sale of listed equity shares on a stock exchange held for more than 12 months will not be subject to capital gains tax in India if Securities Transaction Tax (“STT”) has been paid on the transaction.

• Any gain realized on the sale of listed equity shares on a stock exchange held for more than 12 months will not be subject to capital gains tax in India if Securities Transaction Tax (STT) has been paid on the transaction.

• Any gain realised on the sale of listed equity shares on a stock exchange held for more than 12 months will not be subject to capital gains tax in India if Securities Transaction Tax (“STT”) has been paid on the transaction.

• In accordance with Section 111A, the tax on capital gains arising from the transfer of a short term asset being an equity share in a company or a unit of an equity oriented fund, is chargeable to tax at the rate of 15% (plus applicable surcharge and education cess), where such transaction is chargeable to Securities Transaction Tax.

• In accordance with section 10(38), any income arising from the transfer of a long term capital asset being an equity share in a company is not includible in the total income, if the transaction is chargeable to Securities Transaction Tax.

• Any gain realized on the sale of listed Equity Shares on a stock exchange held for more than 12 months will not be subject to capital gains tax in India if Securities Transaction Tax (“STT”) has been paid on the transaction.

• Securities Transaction Tax, Demat charges and Custodian fees on purchase/ sale transaction would be accounted as expense on receipt of bills.

• The Finance Act 2012 has amended the chapter of Securities Transaction Tax [Chapter VII of Finance Act (No 2) of 2004].

• Securities Transaction Tax (“STT”) is a tax being levied on all transactions in specified securities done on the stock exchanges at rates prescribed by the Central Government from time to time.

More Definitions of Securities Transaction Tax

Securities Transaction Tax means the applicable securities transaction tax that the Purchaser is obligated to withhold from the Purchase Price and pay to the Korean Tax authority.

Securities Transaction Tax has the meaning set forth in Annex H-1.

Securities Transaction Tax means tax leviable on the taxable securities transactions under the provisions of this Chapter;

Securities Transaction Tax means tax leviable on the taxable securi- ties transactions under the provisions of this Chapter;