Corporate Income Tax definition

Corporate Income Tax means any domestic and/or foreign taxes which are based on taxable profits, including unrecoverable withholding taxes on corporate income.

Corporate Income Tax has the meaning set forth in Article 23.

Corporate Income Tax all taxes based upon, measured by, or calculated with respect to (i) gross or net income or gross (or any intermediate measure) or net receipts or profits (including any capital gains and municipal business tax or any similar tax but not including sales, value added, consumption, use, real or personal property, transfer or other similar taxes); (ii) withholding taxes measured by, or calculated with respect to, any payments or distributions (other than wages) and in the case of (i) or (ii) payments on account of or in respect of to those taxes and (iii) any interest, fine, penalty or charge paid, payable or accrued in respect of or in relation to (i) or (ii);

Examples of Corporate Income Tax in a sentence

• All duties (except customs duty which will be borne by the Company) and taxes (excluding GST) including Corporate Income Tax, Personal Tax, Assam Entry Tax etc.

• Pursuant to the PRC Corporate Income Tax Law, a 10% withholding tax is levied on dividends declared to foreign investors from the foreign investment enterprises established in Mainland China.

• However, the following proceeds will be tax-free:- Austrian dividends (the capital gains tax withheld upon the accrual of these dividends to the fund is reimbursable)- Profit shares from investments in EU corporate bodies- Profit shares from investments in foreign corporate bodies which are comparable with an Austrian corporate body within the scope of § 7 (3) of the Austrian Corporate Income Tax Act and with whose country of residence Austria maintains comprehensive administrative assistance arrangements.

• All duties (except customs duty which will be borne by the Company) and taxes (excluding Service Tax) including Corporate Income Tax, Personal Tax, Assam Entry Tax etc.

• The New Corporate Income Tax Law introduces a wide range of changes which include, but are not limited to, the unification of the income tax rate for domestic-invested and foreign-invested enterprises at 25%.

More Definitions of Corporate Income Tax

Corporate Income Tax means any Tax on income, profits or gains.

Corporate Income Tax means: (i) liabilities for Taxation arising on income and profits generated during the current tax year up to the Completion Date; (ii) liabilities for Taxation arising on income and profits generated during prior tax years which have not been paid or discharged as at the Completion Date; and (iii) any liabilities of or any payments to be made by any Group Company (other than to another Group Company) under the TCA;

Corporate Income Tax. ’ means the corporate income tax in the PRC payable by the

Corporate Income Tax means any profit based Tax, including but not limited to corporate income Tax levied in accordance with the CITA or any comparable non-Dutch Law or provision;

Corporate Income Tax means VENNOOTSCHAPSBELASTING as imposed under the Corporate Income Tax Act.

Corporate Income Tax refers to the tax imposed upon net taxable income under the National Internal Revenue Code (“NIRC”) of 1997, as amended by Republic Act No. 9337, and the Act. Upon the lapse of period of the Income Tax Holiday under the Act, the RE DEVELOPER shall be subject to a Corporate Income Tax rate of ten percent (10%) of taxable income;

Corporate Income Tax or "Corporate Income Taxes" means all Taxes imposed on, measured by, or that require reference to, net or taxable income (including any income, franchise, capital stock, excise, estimated, alternative, minimum, add-on minimum or other tax imposed on, measured by, or which requires reference to, net or taxable income), together with interest and penalties thereon and estimated payments thereof, and (iv) "Code" means the Internal Revenue Code of 1986, as amended (all citations to the Code or to the Treasury Regulations promulgated thereunder will include any amendments or successor provisions thereto).