Bulletin 7 definition

Bulletin 7 means Bulletin No. 7 issued by the PRC State Administration of Taxation (中国国家税务总局) on February 3, 2015, titled “Bulletin on Certain Questions relating to the Enterprise Income Tax of Indirect Transfers of Assets by Non-Resident Enterprises (关于非居民企业间接转让财产企业所得税若干问题的公告)”, and any amendment, implementing rules, or official interpretation thereof or any replacement, successor or alternative legislation having the same subject matter thereof.

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Bulletin 7 means Bulletin No. 7 on Several Issues of Enterprise Income Tax on Income Arising from Indirect Transfers of Property by Non-resident Enterprises (SAT Bulletin [2015] No. 7) (《关于非居民企业间接转让财产企业所得税若干问 题的公告》[国家税务总局公告2015年第7号 ]), dated February 3, 2015 and effective as of the same date, including any amendment or implementing rules thereof, including without limitation the Announcement of the State Administration of Taxation on Issues Concerning the Withholding of Non-Resident Enterprise Income Tax at Source, effective as of December 1, 2017, or any successor Law of similar import.

Bulletin 7 means the Tax notice issued by the PRC State Administration of Taxation titled the “State Administration of Taxation’s Bulletin on Several Issues of Enterprise Income Tax on Income Arising from Indirect Transfers of Property by Non-resident Enterprises” (State Administration of Taxation Bulletin [2015] No. 7), as may be amended or supplemented from time to time, including any similar or replacement law on the Tax treatment of the offshore indirect transfer of any China Taxable Property and including any applicable laws in the PRC against the avoidance of PRC Tax.

Examples of Bulletin 7 in a sentence

• Upon request by the Purchaser, the Selling Shareholders shall give regular updates to the Purchaser as to the payment status of the Bulletin 7 Taxes.

• All such Bulletin 7 Returns shall be true, accurate and complete in all material respects.

• For the avoidance of doubt, Transfer Taxes shall not include any income, profits or gains Taxes (including for this purpose, any Taxes with respect to Bulletin 7 or any other applicable indirect income or capital gains Taxes) incurred in connection with the transactions contemplated by this Agreement.

• YUM and the SpinCo Parties shall each file, or cause the applicable members of the YUM Group or the SpinCo Group, respectively, to file, any Tax Returns (for the avoidance of doubt, including any Tax reporting filings) that are mandatorily required by SAT Bulletin 7 to be filed by such Person with respect to the Distribution and the Internal Distributions.

• Notwithstanding the foregoing, prior to making any filing to the relevant PRC Government Authority, the Purchaser shall inform the Seller in good faith regarding the timing and venue of its proposed filings, and the Purchaser and the Seller shall reasonably cooperate with each other to ensure that their respective Bulletin 7 filings and/or Bulletin 7 informational reporting with the relevant PRC Government Authority are factually accurate.

More Definitions of Bulletin 7

Bulletin 7 shall have the meaning ascribed to this term in Section 5.3(c).

Bulletin 7 means the Tax notice issued by the PRC State Administration of Taxation titled the “State Administration of Taxation’s Bulletin on Several Issues of Enterprise Income Tax on Income Arising from Indirect Transfers of Property by Non-resident Enterprises” (State Administration of Taxation Bulletin [2015] No. 7), as the same may be amended or supplemented from time to time, including any similar or replacement law on the Tax treatment of the offshore indirect transfer of any China Taxable Property and including any applicable laws in the PRC against the avoidance of PRC Tax.

Bulletin 7 means Bulletin No. 7 on Several Issues of Enterprise Income Tax on Income Arising from Indirect Transfers of Property by Non-resident Enterprises (SAT Bulletin 2015 No. 7) (《關於非居民企業間接轉讓財產企業所得稅若干問題的公告》（國家稅務總局公告2015年第7號）), dated February 3, 2015 and effective as of the same date, including any amendment or implementing rules thereof, such as the Announcement of the State Administration of Taxation on Issues Relating to Withholding at Source of Income Tax of Non-resident Enterprises (SAT Announcement 2017 No. 37) (《國家稅務總局關於非居民企業所得稅源泉扣繳有關問題的公告》（國家稅務總局公告2017年第37號）) effected from December 1, 2017.

Bulletin 7 means the Bulletin Regarding Certain Enterprise Income Tax Matters on Indirect Transfer of Property by Non-Resident Enterprises, SAT Bulletin [2015] No. 7 (《关于非居民企业间接转让财产企业所得税若干问题的公告》（国家 税务总局公告2015 年第7 号）), promulgated by the SAT on February 3, 2015, as amended, supplemented or otherwise revised from time to time

Bulletin 7 means Notice Regarding Certain Enterprise Income Tax Matters on Indirect Transfer of Properties by Non-Tax Resident Enterprises (Public Notice [2015] No.7) issued by the State Administration of Taxation of the People’s Republic of China (国家税务总局关于非居民企业间接转让财产企业所得税若干问题的公告), effective as of 3 February 2015 (including subsequent amending provisions, if any);

Bulletin 7 means the Tax notice issued by the PRC State Taxation Administration titled the “State Taxation Administration’s Bulletin on Several Issues of Enterprise Income Tax on Income Arising from Indirect Transfers of Property by Non-resident Enterprises” (State Taxation Administration Bulletin [2015] No. 7)（国家税务总局《关于非居民企业间接转让财产企业所得税若干问题的公告》（国家税务总局公告2015年第7号）, as may be amended or supplemented from time to time, including any similar or replacement Law on the Tax treatment of the offshore indirect transfer of any property of an “establishment or place” situated in the PRC, real estate situated in the PRC, equity interest in PRC resident enterprises and any other property directly held by a non-resident enterprise and whose transfer results in enterprise Income Tax Liability for the non- resident enterprise in accordance with the provisions of the Enterprise Income Tax Law of the PRC, and any applicable Laws in the PRC against the avoidance of PRC Tax.

Bulletin 7 means the Announcement of the State Administration of Taxation on Several Issues Relating to Enterprise Income Tax on Gains from Indirect Transfer of Assets by Non-resident Enterprises (State Administration of Taxation Gong Gao [2015] No. 7) (《国家税务总局关于非居民企业间接转让财产企业所得税若干问题的公告》（国家税务总局公告 2015 年第 7 号）), issued by the PRC State Administration of Taxation on February 3, 2015, as from time to time amended, modified or supplemented, including any of its successor rules or regulations or such other rules regarding the Tax treatment of the direct or indirect transfer of any PRC taxable interest under Applicable Laws in the PRC by any non- PRC resident Person.