Corporation Tax Act 2009 definition

Corporation Tax Act 2009 means the Corporation Tax Xxx 0000 of the United Kingdom.
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Corporation Tax Act 2009 means the Corporation Tax Act 2009 of the United Kingdom.
Sample 1
Corporation Tax Act 2009 means the Corporation Tax Act 2009 of the UnitedKingdom.
Sample 1

Examples of Corporation Tax Act 2009 in a sentence

  • Chapter 4 of Part 9A Corporation Tax Act 2009 therefore provides for the making of an election that a dividend is not exempt, in order to ensure that it is subject to no, or lower rates of, withholding taxes.

  • The attention of UK resident corporate Shareholders is drawn to Chapter 3 of Part 6 of the Corporation Tax Act 2009, whereby interests of UK companies in offshore funds may be deemed to constitute a loan relationship; with the consequence that all profits and losses on such relevant interests are chargeable to UK corporation tax in accordance with a fair value basis of accounting.

  • Generally dividend income received by the Fund from non-UK companies is also exempt from UK corporation tax under Part 9A of the Corporation Tax Act 2009.

  • Chapter 4 of Part 9A of the Corporation Tax Act 2009 therefore provides for the making of an election that a dividend is not exempt, in order to ensure that it is subject to no, or lower rates of, withholding taxes.

  • The Company expects that the dividends received by AOG or OGL from their direct subsidiaries will be exempt from U.K. corporation tax due to the exemption in section 931D of the U.K. Corporation Tax Act 2009.

  • Dividend income received by the Company will not normally be taxed provided it falls within one the several exempt classes set out in Part 9A of the Corporation Tax Act 2009 (“CTA 2009”).

  • Legislation in Part 9A Corporation Tax Act 2009 ("CTA 2009") means that dividends and other income distributions received by a company within the charge to U.K. corporation tax will be exempt from U.K. corporation tax provided that the dividends and distributions fall within one or more classes which qualify for exemption and are not subject to specific anti-avoidance rules.

  • Under Part 9A Corporation Tax Act 2009 where a dividend or other distribution, or a deemed distribution, is received by a company which is resident in the UK and is a 'small' company (being a company with less than 50 employees and either a turnover of less than €10million, or gross assets of less than Euro10M), that dividend will normally be exempt from corporation tax provided the payer is a resident of a qualifying territory.

  • The Company should in practice be exempt from UK corporation tax on dividend income received, provided that such dividends (whether from UK or non UK companies) fall within one of the “exempt classes” in Part 9A of the Corporation Tax Act 2009.

  • Alternatively, if, at any time during an accounting period of a corporate Shareholder, a Sub-Fund holds more than 60% of its assets by value in interest bearing or economically similar assets then the Shareholder must account for its holding in that Sub-Fund in accordance with the loan relationships tax regime (Chapter 3 of Part 6 of the Corporation Tax Act 2009).

Related to Corporation Tax Act 2009

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

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;

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

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

  • Foreign nonprofit corporation means an entity:

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

  • Tax Act means the Income Tax Act (Canada) and the regulations thereunder, as amended from time to time;

  • Transaction Tax Deductions means, to the extent Tax deductible for Income Tax purposes, all compensation attributable to payments by a Company or Company Subsidiary on or prior to the Closing Date, including employee transaction-related bonuses, change of control payments, and severance payments, resulting from or related to the consummation of the Contemplated Transactions that are charged to Sellers as part of the Transaction Expenses.

  • Municipal Act, 2001 means the Municipal Act, 2001, S.O. 2001, c. 25, as amended;

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Prohibited Transaction Tax Any tax imposed under Section 860F of the Code. Prospectus: The prospectus dated February 21, 2006 as supplemented by the prospectus supplement dated February 23, 2006, relating to the Class A, Class B-1, Class B-2 and Class B-3 Certificates.

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

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

  • 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.

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

  • U.S. Tax Person means a Person that is a “United States person” as defined in Section 7701(a)(30) of the Code, generally including:

  • Indian-owned economic enterprise means any Indian-owned (as determined by the Secretary of the Interior) commercial, industrial, or business activity established or organized for the purpose of profit, provided that Indian ownership constitutes not less than 51 percent of the enterprise.

  • Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not.

  • Non-Income Tax means any Tax other than an Income Tax.

  • Disqualified Non-U.S. Tax Person With respect to a Class R Certificate, any Non-U.S. Tax Person or agent thereof other than (i) a Non-U.S. Tax Person that holds the Class R Certificate in connection with the conduct of a trade or business within the United States and has furnished the transferor and the Certificate Registrar with an effective IRS Form W-8ECI or (ii) a Non-U.S. Tax Person that has delivered to both the transferor and the Certificate Registrar an opinion of a nationally recognized tax counsel to the effect that the transfer of the Class R Certificate to it is in accordance with the requirements of the Code and the regulations promulgated thereunder and that such transfer of the Class R Certificate will not be disregarded for federal income tax purposes.

  • ITEPA 2003 means the Income Tax (Earnings and Pensions) Act 2003;

  • Provincial Minister means the member of the Cabinet of the Province of Western Cape responsible for local government;

  • Tax Commissioner means the tax commissioner appointed under section 121.03 of the Revised Code.

  • Disregarded Entity means a single member limited liability company, a qualifying subchapter S subsidiary, or another entity if the company, subsidiary, or entity is a disregarded entity for federal income tax purposes.

  • provincial director means the provincial director as defined in regulation 1 of the General Administrative Regulations, 2003;

  • UK Bribery Act means the Xxxxxxx Xxx 0000 of the United Kingdom, as amended, and the rules and regulations thereunder.