Income Tax. During each taxation year, the participating employee's income tax liability shall be in accordance with the Income Tax Act and directives from Canada Revenue Agency. Similarly, the withholding tax deducted at source by the College shall be in accordance with the Income Tax Act and directives from Canada Revenue Agency.
Income Tax. For purposes of this Section 7, the term "Income Tax" means any Tax based on or measured by gross or net income or receipts (other than sales, use, license or property Taxes or Taxes in the nature thereof) (including, without limitation, capital gains taxes, minimum taxes, income taxes collected by withholding and taxes on tax preference items), and Taxes which are capital, doing business, excess profits or net worth taxes and interest, additions to tax, penalties, or other charges in respect thereof.
Income Tax. The Tax Information Exchange Agreement (Taxes on Income) (Netherlands Antilles) Order 2005 Made - - - - 2005 At the Court at Buckingham Palace, the ** day of ** 2005 Present, The Queen’s Most Excellent Majesty in Council In accordance with section 815C(3) of the Income and Corporation Taxes Act 1988 a draft of this Order was laid before, and approved by a resolution of, the House of Commons; Accordingly Her Majesty, in exercise of the power conferred upon Her by section 815C of the Act of 1988(1), and of all other powers enabling Her in that behalf, is pleased, by and with the advice of Her Privy Council, to order as follows:— Citation
Income Tax. I. Time deposit interests accrue at the board rate from the time deposits are placed, for which the Bank is obligated by tax law to withhold taxes from interest income.
Income Tax. You are solely responsible for any individual tax implications or benefits resulting from using your residence as an Alternate Worksite or any other aspect of Telework. The Commonwealth will not provide tax guidance, nor will the Commonwealth assume any additional tax liabilities. You are encouraged to consult with a qualified tax advisor to discuss tax implications.
Income Tax. Notwithstanding the foregoing, income tax shall be deducted in accordance with applicable legislation. Any employee entering the Plan will be subject to tax in each year of the Plan only on the amount of income actually received in the year. The interest referred to in "Wage Formula" Sections (ii) and (iv), when paid, will be viewed as normal remuneration in the hands of the employee and not as interest income, and the tax to be withheld by the Board shall be based on the amount actually paid to the employee.
Income Tax. For purposes of this Section 7.1, the term "Income Tax" means any Tax based on or measured by or with respect to gross income (in lieu of net income) or net income (including without limitation, capital gains taxes, personal holding company taxes, minimum taxes and tax preferences) or gross receipts (in lieu of net receipts) or net receipts and Taxes that are capital, net worth, conduct of business, franchise or excess profits taxes and interest, additions to tax, penalties, or other charges in respect thereof (provided, however, that Taxes that are, or are in the nature of, sales, use, rental, excise, ad valorem, stamp, transfer, license, value added, or property (whether tangible or intangible) taxes shall not constitute an Income Tax).
Income Tax. 3.01 The University shall make the required deductions from the participant’s earnings during the deferral period. The deductions shall be computed based on the earnings for the applicable calendar year, less the deferred salary for that calendar year.
Income Tax. Except as set forth herein, each party shall be responsible for his/her own income tax liabilities together with interest, penalties and fees, if any and shall file individually beginning the year the divorce decree becomes final. Any additional tax assessments, penalties and interest to be paid on any and all prior joint income tax returns files by the parties shall be paid by both parties equally.
Income Tax. For purposes of this Section 7.1, the term "Income Tax" means any Tax based on or measured by or with respect to gross or net income (including without limitation, capital gains taxes, personal holding company taxes, minimum taxes and tax preferences) or gross or net receipts and Taxes which are capital, net worth, conduct of business, franchise or excess profits taxes and interest, additions to tax, penalties, or other charges in respect thereof (provided, however, that Taxes that are, or are in the nature of, sales, use, rental, value-added, excise, ad valorem, or property (whether tangible or intangible) taxes shall not constitute an Income Tax).
