Tax Control definition

Tax Control means the definition of “control” set forth in Section 368(c) of the Code (or in any successor statute or provision), as such definition may be amended from time to time.
Tax Control means the definition of “control” set forth in Section 368(c) of the Code.
Tax Control means ownership of an amount of equity of a corporation that represents both (i) "control" of that corporation within the meaning of Section 368(c) of the Code and (ii) the "80-percent voting and value test" set forth in Section 1504(a)(2) of the Code.

Examples of Tax Control in a sentence

  • In general terms, the Risk Management Committee is comprised of members of the Corporate Management, Corporate Comptroller, Tax Control and Advice, Information to the Stock Exchange, Finance and Risk, Legal, Administration and Finance, Financial Planning and Corporate Finance areas.

  • Complaint concerns challenged by the Tax Control Office in Katowice deductions of VAT invoices issued in 2008 by 19 suppliers of the Company.

  • Only new Taxpayer applicants are required to submit the Tax Control Framework Questionnaire (TCFQ) with the CAP application.

  • No. 7293, Tirana, 5 February 2014 (C-052); Directorate of Tax Control, Notification of Tax Control for the Execution of the Tax Control Inspection on 400 KV, Prot.

  • Allowing for effects of job support schemes and lockdowns, the usual negative relationship between GDP growth and unemployment re-emerges.

  • A request for the presence of tax officials, for a simultaneous or a Coordinated Tax Control is submitted in writing by the competent authority of the requesting State.

  • As part of this, we disclose data to the Money Laundering Secretariat with the Danish State Prosecutor for Serious Economic and International Crime as required by the Danish Money Laundering Act, to the Danish tax authorities under the Danish Tax Reporting Act and the Danish Tax Control Act and to the Danish central bank, which for example uses the data for statistical purposes.

  • The Tax Control message may be sent by the supplier to the customer summarising the tax related information for an invoice or batch of invoices.

  • Financial administration - admission to the cooperative compliance regimeUnder the cooperative compliance regime, the Bank must guarantee to maintain and administer a Tax Control Framework (TCF) that is monitored and updated systematically.

  • In addition, at Group level, Edison has adopted a Tax Control Framework (TCF) which is part of the broader internal control and risk management system to detect, manage and monitor tax risks in relation to the activities falling within the processes managed by the various business areas.


More Definitions of Tax Control

Tax Control means, with respect to PFSweb, ownership of PFSweb Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of PFSweb and (ii) each class and series of PFSweb Capital Stock other than Voting Stock of PFSweb.
Tax Control as to Xxxxxx, means GM's direct ownership of at least eighty percent (80%) of both (i) Voting Stock and (ii) each class and series of Xxxxxx Capital Stock other than Voting Stock and, as to any other corporation, shall have a correlative meaning that takes into account the principles of Section 368(c) of the Code.
Tax Control means, with respect to Delphi, ownership of Delphi Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of Delphi and (ii) each class and series of Delphi Capital Stock other than Voting Stock of Delphi.
Tax Control means, with respect to PFSweb, ownership of PFSweb Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of PFSweb and
Tax Control means, with respect to CMC, ownership of CMC Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of CMC and (ii) each class and series of CMC Capital Stock other than Voting Stock of CMC.
Tax Control means has the same meaning as in section 840 of the UK Income and Corporation Taxes Act 1988.

Related to Tax Control

  • Control means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto.

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Change Control means the process set out in Section 2.6.

  • Internal control means a set of systems to ensure that financial and other records are reliable and complete and which ensure adherence to the entity's management policies, the orderly and efficient conduct of the entity, and the proper recording and safeguarding of assets and resources;

  • Area Control Error or “ACE” shall mean the instantaneous difference between a Balancing Authority’s net actual and scheduled interchange, taking into account the effects of Frequency Bias and correction for meter error.

  • Medical control means a person who provides medical supervision to an emergency medical service provider.

  • Taxable Period means any taxable year or other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Tax Controversy means any pending or threatened audit, dispute, suit, action, proposed assessment or other proceeding relating to Taxes.

  • Internal Control Event means a material weakness in, or fraud that involves management or other employees who have a significant role in, the Borrower’s internal controls over financial reporting, in each case as described in the Securities Laws.

  • publicly controlled means owned by or otherwise under the control of an organ of state, including a –

  • Tax Commissioner means the tax commissioner appointed under section 121.03 of the Revised Code.

  • Operational Control means Security monitoring, adjustment of generation and transmission resources, coordinating and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Balancing Authority Areas and Reliability Coordinators, voltage reductions and load shedding, except that each legal owner of generation and transmission resources continues to physically operate and maintain its own facilities.

  • Site Control means that Seller (a) owns the Site, (b) is the lessee of the Site under a Lease, (c) is the holder of a right-of-way grant or similar instrument with respect to the Site, or (d) is managing partner or other Person authorized to act in all matters relating to the control and Operation of the Site and Generating Facility.

  • State Water Control Law means Chapter 3.1 (§62.1-44.2 et seq.) of Title 62.1 of the Code of Virginia.

  • Stationary internal combustion engine means a spark or compression ignited, reciprocating internal combustion engine which is not a portable emission unit.

  • Taxable means either:

  • Medical event means an event that meets the criteria in 12VAC5-481-2080.

  • casual taxable person means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in the taxable territory where he has no fixed place of business;

  • Internal combustion engine or ‘engine’ means an energy converter, other than a gas turbine, designed to transform chemical energy (input) into mechanical energy (output) with an internal combustion process; it includes, where they have been installed, the emission control system and the communication interface (hardware and messages) between the engine's electronic control unit(s) and any other powertrain or non-road mobile machinery control unit necessary to comply with Chapters II and III;

  • Tax Commission means the Oklahoma Tax Commission;

  • State Controlling Body (SCB) means a state or territory motorcycling association affiliated as a member of MA;

  • e of Control means the occurrence of any of the following:

  • Change in Control of the Company means the occurrence of any of the following events:

  • Management Control means the possession, directly or indirectly of the power to direct or cause the direction of the management and policies of the Concessionaire, whether through the ownership of voting securities, by contract or otherwise or the power to elect or appoint more than 50% (fifty percent) of the directors, managers, partners or other individuals exercising similar authority with respect to the Concessionaire.

  • Indigenous Peoples Planning Framework or “IPPF” means the indigenous peoples planning framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • Taxable Event means any change in control or other event which triggers the imposition of any Excise Tax on any Payment.