Dutch Withholding Tax Act 2021 definition

Dutch Withholding Tax Act 2021 means the new withholding tax of 21.7% on interest payments to be introduced in the Netherlands commencing on January 1, 2021.
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Dutch Withholding Tax Act 2021 means the Dutch Withholding Tax Act 2021 (Wet bronbelasting 2021) as published in the Official Gazette (Staatsblad) Stb. 2019, 513 of December 27, 2019 and in effect as of January 1, 2021.
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Dutch Withholding Tax Act 2021 means the Dutch Withholding Tax Act 2021 (Wet bronbelasting 2021).
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Examples of Dutch Withholding Tax Act 2021 in a sentence

  • In addition to the exceptions and limitations described in the Base Indenture, no Guarantor shall be required to pay any Additional Amounts for or on account of any taxes imposed or to be withheld pursuant to the Dutch Withholding Tax Act 2021 (Wet bronbelasting 2021).

  • If the Covered Bonds become subject to a withholding tax on interest in the Netherlands, the Issuer will make the required withholding or deduction for the account of the Covered Bondholders subject to withholding and shall not be obliged to pay additional amounts to such Covered BondholdersThe Netherlands has introduced a new withholding tax on (deemed) interest payments as of 1 January 2021 pursuant to the Dutch Withholding Tax Act 2021 (Wet bronbelasting 2021).

  • As provided in Condition 7 (Taxation), if withholding or deduction is required under the Dutch Withholding Tax Act 2021, the Issuer or the Paying Agent (as the case may be) will make the required withholding ordeduction of such taxes for the account of the holder of Covered Bonds and shall not be obliged to pay any additional amounts to the holder of Covered Bonds in respect of the withholding or deduction.

  • For purposes of the Dutch Withholding Tax Act 2021, an entity is considered a related entity if (i) such entity has a Qualifying Interest (as defined below) in the Issuer; (ii) the Issuer has a Qualifying Interest in such entity; or (iii) a third party has a Qualifying Interest (as defined below) in both the Issuer and such entity.

  • All payments made by the Issuer under the Covered Bonds to holders of Covered Bonds other than holders that are related entities in respect of the Issuer (within the meaning of the Dutch Withholding Tax Act 2021) may be made free of withholding or deduction of, for or on account of any taxes of whatever nature imposed, levied, withheld or assessed by the Netherlands or any political subdivision or taxing authority thereof or therein.

  • As provided in Condition 7 (Taxation), if withholding or deduction is required under the Dutch Withholding Tax Act 2021, the Issuer or the Paying Agent (as the case may be) will make the required withholding or deduction of such taxes for the account of the holder of Covered Bonds and shall not be obliged to pay any additional amounts to the holder of Covered Bonds in respect of the withholding or deduction.

  • An entity is also considered to be affiliated if a third party holds more than 50% of the voting rights both in such entity and NF.In case payments made by NF in respect of the Notes are subject to this interest withholding tax under the Dutch Withholding Tax Act 2021 (Wet bronbelasting 2021) as published in the Official Gazette (Staatsblad) Stb.

  • An entity is generally affiliated within the meaning of the Dutch Withholding Tax Act 2021 if it can directly or indirectly — either alone or as part of a cooperating group — control the decisions made by the Issuer.

  • As provided in Condition 12 (Taxation), if the Notes become subject to withholding tax on interest in The Netherlands pursuant to the Dutch Withholding Tax Act 2021, the Issuer will make the required withholding or deduction of such withholding tax for the account of the relevant holder and shall not be obliged to pay any additional amounts to such holder in respect of the withholding or deduction.

  • For the avoidance of doubt, the entering into effect of the Dutch Withholding Tax Act 2021 (Wet bronbelasting 2021) is not considered a Change in Tax Law for these purposes.


More Definitions of Dutch Withholding Tax Act 2021

Dutch Withholding Tax Act 2021 means the Dutch Withholding Tax Xxx 0000 (Wet bronbelasting 2021).
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Related to Dutch Withholding Tax Act 2021

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

  • Withholding Tax means any tax, deduction, levy or similar payment obligation that is required to be deducted or withheld from a payment under Applicable Law.

  • Swiss Withholding Tax means any withholding tax in accordance with the Swiss Federal Statute on Anticipatory Tax of 13 October 1965 (Bundesgesetz uber die Verrechnungssteuer) and any successor provision, as appropriate.

  • FATCA Withholding Tax means any U.S. federal withholding tax imposed or collected pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code.

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

  • Unpaid withholding tax means withholding tax due but not paid by the date the withholding tax is required to be paid under applicable law.

  • Withholding Taxes means any taxes, including, but not limited to, social security and Medicare taxes and federal, state and local income taxes, required to be withheld under any applicable law.

  • Applicable Withholding Taxes means the minimum aggregate amount of federal, state and local income and payroll taxes that the Company is required by applicable law to withhold in connection with any Incentive Award.

  • 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.

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

  • FATCA Withholding means any withholding or deduction required pursuant to an agreement described in section 1471(b) of the Code, or otherwise imposed pursuant to sections 1471 through 1474 of the Code, any regulations or agreements thereunder, any official interpretations thereof, or any law implementing an intergovernmental approach thereto.

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

  • Qualifying tax rate means the applicable tax rate for the taxable year for the which the taxpayer paid income tax to a municipal corporation with respect to any portion of the total amount of compensation the payment of which is deferred pursuant to a nonqualified deferred compensation plan. If different tax rates applied for different taxable years, then the “qualifying tax rate” is a weighted average of those different tax rates. The weighted average shall be based upon the tax paid to the municipal corporation each year with respect to the nonqualified deferred compensation plan.

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

  • Excluded Withholding Taxes means (i) withholding Taxes imposed by the United States except to the extent that such United States withholding Taxes are imposed or increased as a result of any change in applicable law (excluding from change in applicable law for this purpose a change in an applicable treaty or other change in law affecting the applicability of a treaty) after the date hereof, or in the case of a successor Liquidity Provider (including a transferee of an Advance) or Facility Office, after the date on which such successor Liquidity Provider obtains its interest or on which the Facility Office is changed, (ii) any withholding Taxes imposed by the United States which are imposed or increased as a result of the Liquidity Provider failing to deliver to the Borrower any certificate or document (which certificate or document in the good faith judgment of the Liquidity Provider it is legally entitled to provide) which is reasonably requested by the Borrower to establish that payments under this Agreement are exempt from (or entitled to a reduced rate of) withholding Tax and (iii) Taxes imposed under Sections 1471 through 1474 of the Internal Revenue Code of 1986, as amended.

  • New jobs credit from withholding means the credit as provided in Iowa Code section 260E.5.

  • Applicable Tax Law means any Applicable Law relating to Taxes, including regulations and other official pronouncements of any Governmental Entity or political subdivision of such jurisdiction charged with interpreting such Applicable Law.

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document, other than a FATCA Deduction.

  • Irish Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under this Agreement and is:

  • Swiss Federal Tax Administration means the tax authorities referred to in article 34 of the Swiss Withholding Tax Act.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Income-withholding order means an order or other legal

  • 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.

  • Change in Tax Law means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.

  • Foreign Benefit Event means, with respect to any Foreign Pension Plan, (a) the existence of unfunded liabilities in excess of the amount permitted under any applicable Law or in excess of the amount that would be permitted absent a waiver from applicable Governmental Authority or (b) the failure to make the required contributions or payments, under any applicable Law, on or before the due date for such contributions or payments.