Non-Residents. Non-residents who use the Bonds to exercise a professional activity in Belgium through a permanent establishment are in principle subject to the same tax rules as the Belgian resident companies (see above). Bondholders who are non-residents of Belgium for Belgian tax purposes, who are not holding the Bonds through a permanent establishment in Belgium and who are not investing in the Bonds in the course of their Belgian professional activity, will normally not incur or become liable for any Belgian tax on income or capital gains by reason only of the acquisition, ownership, redemption or disposal of the Bonds, provided that they qualify as Eligible Investors and that they hold their Bonds in an X- account. This being said, under a strict reading of Article 228, §3, ITC (new), capital gains realized on the Bonds by Belgian non-residents could, however, be subject to Belgian taxation, levied in the form of a professional withholding tax, if the following 3 conditions are cumulatively met: (i) the capital gain would have been taxable if the non-resident were a Belgian tax resident, (ii) the income is “borne by” a Belgian resident (including a Belgian establishment of a foreign entity) which would, in such a context, mean that the capital gain is realized upon a transfer of the Bonds to a Belgian resident (including a Belgian establishment of a foreign entity) and (iii) Belgium has the right to tax such capital gain pursuant to the applicable double tax treaty, or, if no such tax treaty applies, the non- resident does not demonstrate that the capital gain is effectively taxed in its state of residence. However, it is unclear whether a capital gain included in the purchase price of an asset can be considered to be “borne by” the purchaser of the asset within the meaning of the second condition mentioned above. Furthermore, this tax requires that the Belgian resident purchaser is aware of (i) the identity of the Belgian non-resident (to assess the third condition mentioned above) and (ii) the amount of the capital gain realized by the Belgian non-resident (as such amount determines the amount of professional withholding tax to be levied by the Belgian purchaser). Consequently, the application of this tax on transactions with respect to the Bonds occurring on the regulated market of Euronext will give rise to practical difficulties as the seller and purchaser typically do not know each other. Non – resident investors that would potentially be caught by Article 228...
Non-Residents. Notwithstanding anything else herein contained, no Amalco Shares shall be delivered to any shareholder of the Target or the Acquiror who is, or who appears to the Amalgamated Corporation to be, a resident or citizen of the United States or any territory or possession thereof or any person who is, or who appears to the Amalgamated Corporation to be, a resident of any other foreign country unless the Amalgamated Corporation is satisfied that Amalco Shares may be lawfully delivered in the United States or in such other foreign country without further action by the Amalgamated Corporation.
Non-Residents. People living outside of the SLC service area or who live in a part of the SLC service area without local library service are considered non-residents. Non-residents may purchase a library card for an annual fee of $200 per family living at the same address. It entitles them to full borrowing privileges, except for no access to MeLCat and MILibraryCard materials, and expires one year after payment of fee.
Non-Residents. You will advise DC Bank if you cease to be a Canadian resident.
Non-Residents. If a non-resident of Florida dies, land trusts ensure that the beneficiary will avoid Florida ancillary probate administration. In this case, the probate named in the will be sufficient to pass the land trust as personal property. Security: The land in a land trust cannot be split, sold, or partitioned in any way. A Florida estate planning attorney can help evaluate whether a land trust would be beneficial for your estate, and help establish the land trust such that everything is put into place smoothly. Author:Xxxxx X. Xxxxx, Esq.Haimo LawStrategic Planning With Purpose®Email: xxxxx@xxxxxxxx.xxx LinkedIn: : XxxxxXXxxxxXxx/postsYouTube: YOU ARE NOT OUR CLIENT UNLESS WE EXECUTE A WRITTEN AGREEMENT TO THAT EFFECT. MOREOVER, THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. EACH SITUATION IS HIGHLY FACT SPECIFIC AND EXCEPTIONS OFTEN EXIST TO GENERAL RULES. DO NOT RELY ON THIS INFORMATION, AS A CONSULTATION TO UNDERSTAND THE FACTS AND THE CLIENT’S NEEDS AND GOALS IS NECESSARY. ULTIMATELY WE MUST BE RETAINED TO PROVIDE LEGAL ADVICE AND REPRESENTATION. THIS INFORMATION IS PROVIDED AS A COURTESY AND, ACCORDINGLY, DOES NOT CONSTITUTE LEGAL ADVICE. 689.071 Florida Land Trust Act.—History.—ss. 1, 2, 3, 4, 5, 6, ch. 63-468; s. 1, ch. 84-31; s. 2, ch. 2002-233; s. 21, ch. 2006-217; s. 1, ch. 2006-274; s. 7, ch. 2007-153. Imagine being able to have all of your Florida real estate ownership/interests private from the general public. Imagine that any potential judgment creditors were unable to attach to any of your real estate interests. Imagine that in order to convey your real estate interests that you no longer had to go along with the formalities of executing and recording a deed. These are just some of the benefits of the Florida Land Trust. What is a Land Trust? The Florida Land Trust is an estate planning and asset protection tool that is used by U.S. citizens and foreign nationals for purposes of owning, transferring and managing real property. Florida Land Trusts are specifically provided for in Florida Statute Section 689.071. In a Florida Land Trust, real estate is conveyed from the grantor/owner to a trustee who then holds BOTH legal and equitable title to the property. Interestingly, to create a Florida Land Trust, the deed must never identify the beneficiary of the trust. The Florida Land Trust is usually created by three instruments. First, a deed of trust from the owners of the real property to the trustee of the land trust. Th...
Non-Residents. If you’re not a resident of Australia, you submit to the non-exclusive jurisdiction of the courts in the state of Queensland. If we ask, you agree to appoint an agent for service of process in Australia and to provide to us in writing, that agent’s: • full name; • postal address; • email or fax address (if any); and • contact telephone number. You acknowledge and agree that we can serve on you any document in a court action started in any courts in Australia by: • mailing a copy of the document by prepaid registered airmail postage to your last-known residential or business address; • giving the documents personally to any agent you appoint; or • emailing or posting the document to your agent at any address you provide. This includes a claim, writ of summons, other originating process or third or other party notice.
Non-Residents. The Vendor shall advise MPI if any non-resident of Canada will be, or has performed any of the Services in Canada. MPI may withhold and/or remit any taxes or duties required by federal, provincial, or municipal law in relation to the purchase or performance of the Services.
Non-Residents. You will advise BOCC if you cease to be a Canadian resident, and agree to immediately pay to BOCC all amounts which you may owe under this Agreement, net of taxes and withholdings.
Non-Residents. Income derived from the Notes by individuals who do not have a domicile or their habitual abode in Austria or by corporate investors who do not have their corporate seat or their place of management in Austria (“non-residents”) and who do not have a permanent establishment in Austria is not taxable in Austria. Thus, non-resident investors may avoid the application of the 25 per cent. Austrian withholding tax if they keep the Notes in an Austrian deposit account and evidence their non resident-status vis-à-vis the coupon paying agent by disclosing their identity and address. Non-residents who are Austrian citizens or citizens of a neighbouring country will have to confirm their non-resident status in writing. If any Austrian withholding tax has been deducted by the coupon paying agent, the tax withheld shall be credited or refunded to the non-resident investor upon his/her application, which has to be filed with the competent Austrian tax authority within five calendar years following the date of the imposition of the withholding tax. Where non-residents receive income from the Notes as part of business income taxable in Austria, they will be subject to the same tax treatment as resident investors. Inheritance and gift tax Inheritance and gift tax is levied on inheritances, gifts and special purpose donations, as defined in the Austrian Inheritance and Gift Tax Act, as amended (Erbschafts- und Schenkungssteuergesetz). The tax rate varies from 2 per cent. to 60 per cent. depending upon the value of the transferred Notes and upon the relationship of the beneficiary to the deceased or the donor. Notes held by private investors are exempt from inheritance tax if they qualify for final (income) taxation on the date of the private investor’s death (subject to a prior legal and factual public offer of the Notes). This exemption is restricted to inheritance tax and does not apply in cases of gifts and special purpose donations. Notes held by non-resident investors are not subject to Austrian inheritance and gift tax if they are transferred (whether by reason of death, gift or special purpose donation) to another non-resident. Non-residents include Austrian citizens (except public servants) if they have not been domiciled in Austria for at least two years and have had their permanent abode during this period outside Austria. Foreign citizens having a domicile or habitual abode within Austria on the date of their death or accession to inheritance or of the donation q...
Non-Residents. You will advise us if you cease to be a Canadian tax resident, and you agree to immediately pay to the Bank all amounts which you may owe under this Agreement, net of taxes and withholdings.
