EU Savings Directive definition

EU Savings Directive. Means the Council Directive 2003/49/EC of 3 June 2003 on the taxation of savings income in the form of interest payments;

EU Savings Directive means the Council Directive 2003/48/EC of June 3, 2003 on taxation of savings income in the form of interest payments and the agreements signed by Luxembourg with associated and dependent territories of certain European member countries, as implemented in Luxembourg by the laws of June 21, 2005 and December 23, 2005.

EU Savings Directive means Directive 2003/48/EC as such may be amended from time to time;

Examples of EU Savings Directive in a sentence

• The changes will expand the range of payments covered by the EU Savings Directive, in particular to include additional types of income payable on securities.

• This exchange of information takes place in terms of the EU Savings Directive 2003/48/EC.

• EU Savings Directive Under EC Council Directive 2003/48/EC on the taxation of savings income, Member States are required to provide to the tax authorities of another Member State details of payments of interest (or similar income) paid by a person within its jurisdiction to an individual resident in that other Member State or to certain limited types of entities established in that other Member State.

• EU Savings Directive Under EC Council Directive 2003/48/EC on the taxation of savings income (the "Directive"), Member States are required to provide to the tax authorities of another Member State details of payments of interest (or similar income) paid by a person within its jurisdiction to an individual resident in that other Member State or to certain limited types of entities established in that other Member State.

• January 2016.Additionally, on 9 December 2014, the Council of the European Union adopted Directive 2014/107/EU amending Directive 2011/16/EU of 15 February 2011 on administrative cooperation in the field of taxation which provides for an automatic exchange of financial account information between EU Member States (“DAC Directive”) including income categories contained in the EU Savings Directive (EC Directive 2003/48/EC).

More Definitions of EU Savings Directive

EU Savings Directive has the meaning assigned to such term in the definition of “Excluded Taxes.”

EU Savings Directive has the meaning assigned to such term in the definition of “Excluded Taxes.” “euro” and/or “EUR” means the single currency of the participating members of the EU.

EU Savings Directive has the meaning assigned to such term in the definition of “Excluded Taxes.” “Eurocurrency”, means, with respect to any Loan or Borrowing, that such Loan, or the Loans comprising such Borrowing, bears interest at a rate determined by reference to the Adjusted LIBO Rate (other than any ABR Loan or ABR Borrowing).

EU Savings Directive has the meaning set forth in the definition of Excluded Taxes.

EU Savings Directive means the EC Council Directive 2003/48/EC on the taxation of savings income.

EU Savings Directive has the meaning set forth in the definition of Excluded Taxes. “Event of Loss” means with respect to any Pool Aircraft (a) if the same is subject to a Lease, a “Total Loss,” “Casualty Occurrence” or “Event of Loss” or the like (however so defined in the applicable Lease); or (b) if the same is not subject to a Lease, (i) its actual, constructive, compromised, arranged or agreed total loss, (ii) its destruction, damage beyond repair or being rendered permanently unfit for normal use for any reason whatsoever, (iii) requisition for title, confiscation, forfeiture or any compulsory acquisition or seizure or requisition for hire (other than a confiscation, compulsory acquisition or seizure or requisition for hire for a consecutive period not exceeding 180 days) by or under the order of any government (whether civil, military or de facto) or public or local authority in each case other than by the United States or (iv) its hijacking, theft or disappearance, resulting in loss of possession by the owner or operator thereof for a period of 180 consecutive days or longer. An Event of Loss with respect to any Pool Aircraft shall be deemed to occur on the date on which such Event of Loss is deemed pursuant to the relevant Lease to have occurred or, if such Lease does not so deem or if the relevant Aircraft is not subject to a Lease, (A) in the case of an actual total loss or destruction, damage beyond repair or being rendered permanently unfit, the date on which such loss, destruction, damage or rendering occurs (or, if the date of loss or destruction is not known, the date on which the relevant Aircraft was last heard of); (B) in the case of a constructive, compromised, arranged or agreed total loss, the earlier of (1) the date 30 days after the date on which notice claiming such total loss is issued to the insurers or brokers and (2) the date on which such loss is agreed or compromised by the insurers; (C) in the case of requisition of title, confiscation, restraint, detention, forfeiture, compulsory acquisition or seizure, the date on which the same takes effect;

EU Savings Directive means Directive No. 2003/48/EC as amended or replaced from time to