Carbon Tax Act definition

Carbon Tax Act means an Act of Parliament that makes provision for a carbon tax;”.
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Carbon Tax Act means the South African Carbon Tax Act, No. 15 of 2019.
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Carbon Tax Act means the Greenhouse Gas Pollution Pricing Act (Canada);
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Examples of Carbon Tax Act in a sentence

  • The Carbon Tax Act was enacted with retroactive effect to January 1, 2019.

  • Under the Carbon Tax Act, No 15 of 2019 (“Carbon Tax Act”), which became effective on 1 June 2019, taxpayers will now qualify for a carbon offset allowance of up to a maximum of 10 per cent of its total greenhouse gas emissions under the Carbon Tax Act.

  • The Carbon Tax Act similar to other tax legislation therefore defines the tax base in sections 4(1) and (2) of the Act.

  • One of the suggestions is that the NCV values in Schedule 1 of the Carbon Tax Act are based on Annexure A of the Technical Guidelines and that the proposed country specific NCV values of the South African Petroleum Industry Association (SAPIA) in Annexure D of the Technical Guidelines should be considered.

  • It is noted that GHG emissions are reported to the DEFF therefore there is no need for the Carbon Tax Act to provide for the calculation of emissions.

  • The methodology included in s4(2) of the Carbon Tax Act provides for a single NCV value for each activity.

  • To avoid a double benefit scenario, where the same emissions reductions lead to both an income tax exemption under section 12K of the Act and a lower carbon tax liability for a taxpayer under the Carbon Tax Act, it is proposed that the tax exemption for certified emission reduction units from CDM projects is repealed to become effective from the date of introduction of the carbon tax.

  • The Carbon Tax Act is aligned with the requirements of the DEFF for GHG emissions reporting.

  • Main references: Sections 1, 3, 4, 5, 7, 8, 9, 13 & Schedules 1 & 2 of the Carbon Tax Act: clauses 83 to 92 of the Draft TLAB) The President signed into law the Carbon Tax Act No 15 of 2019 on 22 May 2019 giving effect to the carbon tax from 1 June 2019.

  • On each slave node, we deployed 4 worker instances that occupied 2 CPU’s and 1.7 GM RAM each.


More Definitions of Carbon Tax Act

Carbon Tax Act. ’ means the Carbon Tax Act, 2019 (Act No. 15 of 2019);
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Carbon Tax Act means the Carbon Tax Act, No. 15 of 2019, published in the Borrower’s Government Gazette No.42483 of May 23, 2019, as amended as of the date of this Agreement.
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Carbon Tax Act means the South African Carbon Tax Act, No. 15 of 2019. "CCIAs" means climate change impact assessments.
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Related to Carbon Tax Act

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • Income Tax Act means the Income Tax Act, 1962 (Act No. 58 of 1962);

  • non-taxable territory means the territory which is outside the taxable territory;

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Tax Act means the Income Tax Act (Canada).

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • Transaction Tax Deductions means any Tax deductions, whether accruing before, on or after the Closing Date, relating to (a) any pay down or satisfaction of Indebtedness in connection with the Merger, (b) the payment or incurrence of any Transaction Expenses, and (c) any other deductible payments attributable to the Merger and economically borne by Sellers. For this purpose, any success-based fees shall be treated as deductible in accordance with the seventy percent safe-harbor election in Rev. Proc. 2011-29.

  • Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017;

  • Canadian Taxes has the meaning specified in Section 10.05.

  • Non-United States Tax Person Any Person other than a United States Tax Person.

  • United States Tax Person A citizen or resident of the United States, a corporation, partnership or other entity created or organized in, or under the laws of, the United States, any State thereof or the District of Columbia, an estate whose income from sources without the United States is includible in gross income for United States federal income tax purposes regardless of its source or a trust if a court within the United States is able to exercise primary supervision over the administration of the trust and one or more United States Tax Persons have the authority to control all substantial decisions of the trust, all within the meaning of Section 7701(a)(30) of the Code (or, to the extent provided in the applicable Treasury Regulations, certain trusts in existence on August 20, 1996 that have elected to be treated as United States Tax Persons).

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Non-U.S. Tax Person A person other than a U.S. Tax Person.

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • U.S. Tax Code means the United States Internal Revenue Code of 1986, as amended.

  • Disqualified Non-United States Tax Person With respect to any Class R Certificate, any Non-United States Tax Person or agent thereof other than: (1) a Non-United States Tax Person that (a) holds such Class R Certificate and, for purposes of Treasury Regulations Section 1.860G-3(a)(3), is subject to tax under Section 882 of the Code, (b) certifies that it understands that, for purposes of Treasury Regulations Section 1.860E-1(c)(4)(ii), as a holder of such Class R Certificate for United States federal income tax purposes, it may incur tax liabilities in excess of any cash flows generated by such Class R Certificate and intends to pay taxes associated with holding such Class R Certificate, and (c) has furnished the Transferor, the Trustee, the Certificate Administrator and the Tax Administrator with an effective IRS Form W-8ECI or successor form and has agreed to update such form as required under the applicable Treasury regulations; or (2) a Non-United States Tax Person that has delivered to the Transferor, the Trustee, the Certificate Administrator and the Tax Administrator an opinion of nationally recognized tax counsel to the effect that (x) the Transfer of such Class R Certificate to it is in accordance with the requirements of the Code and the regulations promulgated thereunder and (y) such Transfer of such Class R Certificate will not be disregarded for United States federal income tax purposes.

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes paid or due to be paid during such period.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Prohibited Transaction Tax Any tax imposed under Section 860F of the Code. Prospectus: The prospectus dated July 19, 2004 as supplemented by the prospectus supplement dated July 26, 2004, relating to the Class A, Class B-1, Class B-2 and Class B-3 Certificates.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.