Common use of Foreign Financial Assets Tax Clause in Contracts

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares on the NASDAQ Global Select Market on December 31 of each year or on the last day in the applicable year on which you held the Shares (or when the Shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 5 contracts

Samples: Award Notice (Amgen Inc), Award Notice (Amgen Inc), Award Notice (Amgen Inc)

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Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares on the NASDAQ Nasdaq Global Select Market on December 31 of each year or on the last day in the applicable year on in which you held the Shares (or when the Shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Amgen Inc), Award Notice (Amgen Inc), Award Notice (Amgen Inc)

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares on the NASDAQ Nasdaq Global Select Market on December 31 of each year or on the last day in the applicable year on in which you held the Shares (or when the Shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 2 contracts

Samples: Performance Unit Agreement (Amgen Inc), Award Notice (Amgen Inc)

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. Financial assets include Shares acquired under the Plan. The taxable amount will be the fair market value is considered to be the value of the Shares on financial assets assessed at the NASDAQ Global Select Market on December 31 end of each year or on the last day in the applicable year on which you held the Shares (or when the Shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You Optionee should consult with your Optionee’s personal tax advisor about the foreign financial assets tax.

Appears in 2 contracts

Samples: Stock Option Agreement (Seattle Genetics Inc /Wa), Stock Option Agreement (Seattle Genetics Inc /Wa)

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares on the NASDAQ Global Select Market on December 31 of each year or on the last day in the applicable year on which you held the Shares shares (or when the Shares shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 2 contracts

Samples: Award Notice (Amgen Inc), Award Notice (Amgen Inc)

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares on the NASDAQ Global Select Market on December 31 of each year or on the last day in the applicable year on which you held the Shares Appendix - 11 shares (or when the Shares shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 2 contracts

Samples: Award Notice (Amgen Inc), Award Notice (Amgen Inc)

Foreign Financial Assets Tax. The fair market value of any Shares shares of Common Stock held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares shares of Common Stock on the NASDAQ Global Select Market on December 31 of each year or on the last day in the applicable year on which you Employee held the Shares shares (in such case, or when the Shares shares of Common Stock are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You The Employee should consult with your his or her personal tax advisor about the foreign financial assets tax.

Appears in 1 contract

Samples: Global Deferred Stock Unit Agreement (Mondelez International, Inc.)

Foreign Financial Assets Tax. The fair market value of any Shares shares of Common Stock held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares shares of Common Stock on the NASDAQ Global Select Market on December 31 of each year or on the last day in the applicable year on which you held the Shares shares (in such case, or when the Shares shares of Common Stock are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Viasat Inc)

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Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets taxtax at a flat rate. The fair market value is considered to be the value of the Shares on the NASDAQ Nasdaq Global Select Market on December 31 of each year or on the last day in the applicable year on in which you held the Shares (or when the Shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). No tax payment duties arise if the amount of the foreign financial assets tax calculated on all financial assets held abroad does not exceed a certain threshold. You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 1 contract

Samples: Performance Unit Agreement (Amgen Inc)

Foreign Financial Assets Tax. The fair market value of any Shares shares of Common Stock held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares shares of Common Stock on the NASDAQ Nasdaq Global Select Market on December 31 of each year or on the last day in the applicable year on which you Participant held the Shares shares (in such case, or when the Shares shares of Common Stock are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You The Participant should consult with your his or her personal tax advisor about the foreign financial assets tax.

Appears in 1 contract

Samples: Global Long Term Incentive Grant Agreement (Mondelez International, Inc.)

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets taxtax at a flat rate. The fair market value is considered to be the value of the Shares on the NASDAQ Nasdaq Global Select Market on December 31 of each year or on the last day in the applicable year on in which you held the Shares (or when the Shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). No tax payment duties arise if the amount of the foreign financial assets tax calculated on all financial assets held abroad does not exceed a certain threshold. You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Amgen Inc)

Foreign Financial Assets Tax. The fair market value of any Shares held outside of Italy is subject to a foreign assets tax. The fair market value is considered to be the value of the Shares shares of Common Stock on the NASDAQ Global Select Market on December 31 of each year or on the last day in the applicable year on which you held the Shares shares (or when the Shares shares are acquired during the course of the year, the tax is levied in proportion to the actual days of holding over the calendar year). You should consult with your personal tax advisor about the foreign financial assets tax.

Appears in 1 contract

Samples: Award Notice (Amgen Inc)

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