TAX ON SECOND RESIDENCES Sample Clauses

TAX ON SECOND RESIDENCES. The municipal tax on second residences is not charged to tenants/students who can present proof of enrolment at an educational institution of full-time daytime education during the academic year in which 1 January of the assessment year falls and to the extent that the amount does not exceed €90 (2014 price, to be indexed in accordance with the evolution of the consumer price index as applied by the City of LEUVEN). In such cases, the tax on second residences is included in the rental price.
Sample 1Sample 2Sample 3See All (10)
TAX ON SECOND RESIDENCES. If the tax is included in the rent, it will be up to a maximum of the valid student rate at that time. Every supplementary amount is at the expense of the tenant. If tax on second residences is not included in the rent and if the student can submit proof of enrolment at an educational institution offering full-time day courses, the tax will be reduced from €823* to €98,5* in accordance with municipal regulations. As the tenant declares that s/he is a student, s/he is initially charged €98,5*. If the tenant fails to submit proof of enrolment at an educational institution to the landlord before 1 January, s/he will be required to pay the outstanding amount of municipal tax at that time. If the tenant can also submit proof of holding a student grant of at least €200, the taks is further reduced to €43.5*. The xxxxx xxxxxx should submit documentary evidence to the landlord before 1 January. * Or the tax amount that is valid at that moment. The amounts mentioned in this article apply to the tax year 2021 and will be indexed as stipulated in the municipal regulations. No tax on second residences is due on accommodations rented by students who are registered at the address of the rented property at the municipal register or the wait register, or by students who are in the possession of annex 33 (students from countries bordering Belgium), or by students who applied for annex 33 on 1 January of the tax year. This is particularly the case for international students residing in Leuven for more than 90 days. In this case the student needs to submit to the landlord proof of registration at the municipal register of the city or annex 33 before 1 January. The tax can only be charged on the condition that 1 January of the tax year is included in the contract duration as stipulated in art. 3. of this agreement. Art.
Sample 1See All (4)
TAX ON SECOND RESIDENCES. If tax on second homes is not included in the rent and if the student can submit proof of enrolment at an educational institution offering full-time day courses, the tax will be reduced from € 801.5* to € 96*in accordance with municipal regulations. As the tenant declares that s/he is a student, s/he is initially charged € 96*. If the tenant fails to submit proof of enrolment at an educational institution to the landlord before 1 January, s/he will be required to pay the outstanding amount of municipal tax at that time. If the tenant can also submit proof of holding a student grant of at least € 200, the tax is further reduced to € 42.5*. The xxxxx xxxxxx should submit documentary evidence to the landlord before 1 January. No second-home tax is due on accommodations rented by students who are registered at the address of the rented property at the municipal register or the wait register, or by students who are in the possession of annex 33 (students from countries bordering Belgium),or by students who applied for annex 33 on 1 January of the tax year. This is particularly the case for international students residing in Leuven for more than 90 days. In this case the student needs to submit to the landlord proof of registration at the municipal register of the city (annex 8 or 15) or annex 33 before 1 January. The tax can only be charged on the condition that 1 January of the tax year is included in the contract duration as stipulated in art. 3. Of this agreement.
Sample 1Sample 2
TAX ON SECOND RESIDENCES. If tax on second residences is not included in the rent and if the subtenant can submit proof of enrolment at an educational institution offering full-time day courses, the tax will be reduced from € 833,5* to € 100* in accordance with municipal regulations. As the tenant declares that he is a student, he is initially charged € 100*. If the tenant fails to submit proof of enrolment at an educational institution to the landlord before 1 January, he will be required to pay the outstanding amount of tax at that time. If the tenant can also submit proof of holding a student grant, the tax is further reduced to € 44,5*. The xxxxx xxxxxx should submit documentary evidence to the landlord before 1 January.
Sample 1
TAX ON SECOND RESIDENCES. The tax can only be charged on the condition that 1 January of the tax year is included in the contract duration as stipulated in art. 3. of this agreement.
Sample 1
TAX ON SECOND RESIDENCES. If the tax is included in the rent, it will be up to a maximum of the valid student rate at that time. Every supplementary amount is at the expense of the tenant. If the tax on second residences is not included in the rent and if the student can submit proof of enrolment at an educational institution offering full-time day courses, the tax will be reduced from € 1584* to € 114* in accordance with municipal regulations. As the tenant declares that s/he is a student, s/he is initially charged € 114*. If the tenant fails to submit proof of enrolment at an educational institution to the landlord before 1 January, s/he will be required to pay the outstanding amount of municipal tax at that time. If the tenant can also submit proof of holding a student grant awarded by the Flemish government, the tax is further reduced to € 50,5*. The xxxxx xxxxxx should submit documentary evidence to the landlord before 1 January. No tax on second residences is due on accommodations rented by students who are registered at the address of the rented property at the municipal register or the wait register, or by students who are in the possession of annex 33 (students from countries bordering Belgium), or by students who applied for annex 33 on 1 January of the tax year. This is particularly the case for international students residing in Leuven for more than 90 days. In this case, the student needs to submit proof of registration at the municipal register of the city or annex 33 to the landlord before 1 January.
Sample 1
TAX ON SECOND RESIDENCES. If the tax is included in the rent, it will be up to a maximum of the valid student rate at that time. Every supplementary amount is at the expense of the tenant. If this tax is not included in the rent, the following applies:
Sample 1
TAX ON SECOND RESIDENCES. If the tax is included in the rent, it will be up to a maximum of the valid student rate at that time. Every supplementary amount is at the expense of the tenant. If this tax is not included in the rent, the following applies: - If the maximum net floor surface of the accommodation is 60m² and if the tenant can submit proof of enrolment at an educational institution offering full-time day courses, the tax will be reduced from € 1500 to € 108 in accordance with municipal regulations. If the tenant declares that he is a student, he is initially charged € 108. If the tenant fails to submit proof of enrolment at an educational institution to the landlord before 1 January, he will be required to pay the outstanding amount of tax on second residences at that moment. If the tenant can also submit proof of holding a student grant, the tax is further reduced to € 48. The xxxxx xxxxxx should submit documentary evidence to the landlord before 1 January. If the tenant declares that he is not a student he will pay € 1500 in accordance with municipal regulations. If the net floor surface of the accommodation is bigger than 60m², the tenant pays a tax of € 1500. In this case there is no reduction for students. - If the accommodation is divided in several housing units the tenant pays tax on second homes for each unit according to the municipal regulations. - No tax on second residences is due on accommodation rented by a tenant who is registered at the address of the rented property in the municipal register or the wait register, or by a tenant who is in the possession of or applied for annex 33 for international students from countries bordering Belgium on 1 January of the tax year. This is particularly the case for an international tenant residing in Leuven for more than 90 days. On the request of the landlord the tenant should hand over proof of registration or annex 33. * The amounts mentioned in this article are valid for the tax year 2023 and will be indexed yearly in accordance with the municipal regulations. If the local authority decides to adjust the tax regulation, the difference in tax needs to be paid or refunded in accordance with the new regulations. Art.
Sample 1

Related to TAX ON SECOND RESIDENCES

  • Management of Business (a) No Limited Partner or Assignee (other than the General Partner, any of its Affiliates or any officer, director, employee, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such) shall take part in the operation, management or control (within the meaning of the Act) of the Partnership’s business, transact any business in the Partnership’s name or have the power to sign documents for or otherwise bind the Partnership. (b) The transaction of any such business by the General Partner, any of its Affiliates or any officer, director, employee, partner, agent or trustee of the General Partner, the Partnership or any of their Affiliates, in their capacity as such, shall not affect, impair or eliminate the limitations on the liability of the Limited Partners or Assignees under this Agreement.

  • Directors, Trustees and Shareholders and Massachusetts Business Trust It is understood and is expressly stipulated that neither the holders of shares in the Fund nor any Directors or Trustees of the Fund shall be personally liable hereunder. With respect to any Fund which is a party to this Agreement and which is organized as a Massachusetts business trust (“Trust”), the term “Fund” means and refers to the trust established by its applicable trust agreement (Declaration of Trust) as the same may be amended from time to time. It is expressly agreed that the obligations of any such Trust hereunder shall not be binding upon any of the trustees, shareholders, nominees, officers, agents or employees of the Trust, personally, but bind only the trust property of the Trust, as provided in the Declaration of Trust of the Trust. The execution and delivery of this Agreement has been authorized by the trustees and signed by an authorized officer of the Trust, acting as such, and neither such authorization by such Trustees nor such execution and delivery by such officer shall be deemed to have been made by any of them, but shall bind only the trust property of the Trust as provided in its Declaration of Trust.

  • Certain Corporate Transactions In the event of certain corporate transactions, this Option shall be subject to adjustment as provided in Section 16 of the Plan. In the event of a Change in Control, this Option shall be subject to the provisions of Section 17 of the Plan.