Consumption Taxes definition

Consumption Taxes shall have the meaning as set forth in Article 5, Paragraph 2 hereof.
Sample 1Sample 2Sample 3
Consumption Taxes means any tax payable on the sale or supply of goods, services or other things and includes GST, goods and services tax, value added tax, sales tax, consumption tax or any similar impost;
Sample 1Sample 2
Consumption Taxes means consumption tax (shōhi zei) under the Consumption Tax Act (Act No. 108 of December 30, 1988) and local consumption tax (chihō shōhi zei) under the Local Tax Act (Act No. 226 of July 31, 1950).
Sample 1Sample 2

Examples of Consumption Taxes in a sentence

  • Upon acceptance of the entrustment of the Trust in accordance with Articles 5 or 6 hereof, the Trustee shall pay the amount equivalent to the Consumption Taxes incurred by the Settlor for Palladium Bullion transactions.

  • The Trustee may receive advancements or make borrowings from the Trustee's bank account for the amount equivalent to such Consumption Taxes and the amount equivalent to Consumption Taxes on the Trust Fees or Trust Expenses.


More Definitions of Consumption Taxes

Consumption Taxes means Participating Province Tax and Tax on Designated Property;
Sample 1Sample 2
Consumption Taxes means any tax liability of the Service Provider that is payable by the Service Provider in connection with supply of services to the Customer and includes but is not limited to Value Added Tax (“VAT”) as it applies to businesses based in the European Union, and Goods and Services Tax (“GST”) as it applies to businesses based in Jersey, Channel Islands;
Sample 1

Related to Consumption Taxes

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.

  • 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).

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

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • New Taxes means (i) any Taxes enacted and effective after the Effective Date, including, without limitation, that portion of any Taxes or New Taxes that constitutes an increase, or (ii) any law, order, rule or regulation, or interpretation thereof, enacted and effective after the Effective Date resulting in the application of any Taxes to a new or different class of parties.

  • Sales Taxes means any sales, use, consumption, goods and services, value added or similar tax, duty or charge imposed pursuant to Applicable Law.

  • 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.

  • Asset Taxes means ad valorem, property, excise, severance, production or similar taxes (including any interest, fine, penalty or additions to tax imposed by Governmental Authorities in connection with such taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom, but excluding, for the avoidance of doubt, income, capital gains and franchise taxes.

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

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Transfer Taxes means any and all transfer, documentary, sales, use, real property, stamp, excise, recording, registration, value added and other similar Taxes, fees and costs (including any associated penalties and interest) incurred in connection with the transactions contemplated by this Agreement.

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Tax or Taxes means any federal, foreign, state, county or local taxes, charges, fees, levies, duties or other assessments, including, but not limited to, all net income, gross income, sales and use, transfer, gains, profits, excise, franchise, real and personal property, gross receipts, capital stock, production, business and occupation, customs, disability, employment, payroll, license, estimated, severance or withholding taxes or charges imposed by any Governmental Authority, and includes any interest and penalties (civil or criminal) on or additions to any such taxes.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).