Decree 239 Deduction definition

Decree 239 Deduction means any withholding or deduction for or on account of "imposta sostitutiva" under Decree No. 239.
Decree 239 Deduction means any withholding, deduction, imposition or other payment of Taxes to be made under Decree 239.
Decree 239 Deduction means any withholding or deduction for or on account of “imposta sostitutiva” under Italian Legislative Decree (Decreto Legislativo) No. 239 of 1 April 1996 as subsequently amended.

Examples of Decree 239 Deduction in a sentence

  • Withholding on the Notes As at the date of this Prospectus, payments of interest andother proceeds under the Notes may be subject to a Decree 239 Deduction.

  • Withholding on the Notes As at the date of this Base Prospectus, payments of interest,Variable Return and other proceeds under the Notes of any Series may be subject to a Decree 239 Deduction.

  • If any withholding or deduction for or on account of tax (including any Decree 239 Deduction) is made in respect of any payment under the Notes, neither the Issuer nor any other person shall have any obligation to pay any additional amount(s) to any holder of the Notes on account of such withholding or deduction.

  • In such circumstance, interest payment relating to the Notes of any Class may be subject to a Decree 239 Deduction.

  • In the event that any Decree 239 Deduction or any other deduction or withholding for or on account of tax is imposed in respect of payments to Noteholders of amounts due pursuant to the Notes, the Issuer will not be obliged to gross-up or otherwise compensate Noteholders for the lesser amounts the Noteholders will receive as a result of the imposition of any such deduction or withholding, or otherwise to pay any additional amounts to any of the Noteholders.

  • The Issuer shall not be obliged to pay any additional amount to any Noteholder as a consequence of any Tax Deduction required to be made pursuant to any Applicable Law, including Decree 239 Deduction and FATCA Withholding.

  • Withholding tax on the NotesAll payments in respect of the Notes by or on behalf of the Issuer will be made without any Tax Deduction, other than a Decree 239 Deduction or any other Tax Deduction which may be required to be made by any applicable law.

  • In such circumstance, any beneficial owner of an interest payment relating to the Notes of any Class will receive amounts of interest payable on the Notes net of a Decree 239 Deduction.

  • Decree 239 Deduction, if applicable, is levied at the rate of 26 per cent., or such lower rate as may be applicable under the relevant double taxation treaty.

  • No gross-up will be made by the Issuer in case withholding tax applies on the Notes Payments of interest and other proceeds under the Notes may in certain circumstances be subject to a Decree 239 Deduction.


More Definitions of Decree 239 Deduction

Decree 239 Deduction means any withholding or deduction in respect of Taxes to be made under Decree 239.

Related to Decree 239 Deduction

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • FATCA Deduction means a deduction or withholding from a payment under a Finance Document required by FATCA.

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Straddle Tax Period means any taxable period beginning on or before and ending after the Closing Date.

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • Excess Contribution means a contribution that exceeds the

  • Cumulative Retained Excess Cash Flow Amount means, at any date of determination, an amount equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for the Excess Cash Flow Periods ended on or prior to such date.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.