EU subsidiary definition

EU subsidiary means a subsidiary established in an EU Member State, which is a subsidiary of a selected institution or of a parent institution established in a third country;
Sample 1Sample 2Sample 3
EU subsidiary means an institution which is established in a Member State and which is a subsidiary of a third-country institution or a third-country parent undertaking;
Sample 1Sample 2Sample 3
EU subsidiary means an institution with a registered office in the Republic of Croatia or another Member State and that is a subsidiary of a third‐country institution or a third‐country parent undertaking;
Sample 1Sample 2

Examples of EU subsidiary in a sentence

  • If the dividends are distributed by an EU subsidiary which is listed in Article 2 of the PSD, the exemption applies subject to the two additional conditions below: the EU subsidiary is not used for the main purpose or as one of the main purposes of obtaining a tax advantage that defeats the object of the PSD (GAAR); andthe dividend/profit distribution from the EU subsidiary have not been deducted from its taxable base (anti-hybrid rule).

  • This could be the case when e.g. an EU subsidiary is receiving legal consultation, which indirectly benefits the Russian parent company.

  • Although a case-by-case assessment is required, certain legal services are more likely than others to be (also) for the benefit of the parent company: legal consultation regarding a local issue, e.g. car lease for local staff in a EU Member State, is less likely to constitute an indirect provision of prohibited legal advisory services as this typically benefits largely the EU subsidiary.

  • A service provider with an EU subsidiary or branch—such as Napster UK Limited, for instance—will therefore be covered by the Directive.

  • However, the participation exemption does not apply to income from dividends, where the EU subsidiary is in liquidation.

  • Pressing ‘SET’ at any stage will return the 5100 to normal operation.To navigate around the Operator Menus, the menu keys will switch to each of the operator menus.

  • An EU subsidiary subsidy programme is likely to be targeted to EU companies, either ship builders or ship owners; there seems little likelihood that EU governments would decide to spend funds to subsidise companies outside the EU.

  • Moreover, any UK-based company’s registered .eu domain name will be revoked unless it can establish an EU subsidiary and transfer the domain name to its EU subsidiary.

  • However, as the Group has set up a new EU subsidiary, the operating environment and client migration to the new subsidiary is impacted by the uncertainty surrounding Brexit negotiations.

  • Furthermore, in order to benefit from the withholding tax exemption for dividends, the EU parent company should hold at least fi0% of the shares in its foreign EU subsidiary.


More Definitions of EU subsidiary

EU subsidiary means a subsidiary established in a Member State of the European Union, which is a subsidiary of a selected institution or of a parent institution established in a third country;
Sample 1
EU subsidiary means an institution which has its head office in the Republic of Croatia or another Member State and which is a subsidiary of a third-country institution or a third-country parent undertaking;
Sample 1
EU subsidiary means a credit institution whose head office is in a Member State that is a subsidiary of an institution or parent undertaking whose head office is in a third country;
Sample 1

Related to EU subsidiary

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • IDI Subsidiary means any Issuer Subsidiary that is an insured depository institution.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Relevant Subsidiary means any fully consolidated subsidiary of HeidelbergCement AG and for purposes only of this § 2 does not include any subsidiary which has one or more classes of equity securities (other than, or in addition to any convertible bonds or similar equity linked securities) which are listed or traded on a regulated stock exchange.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Current Subsidiary means any Person in which the Company on the Subscription Date, directly or indirectly, (i) owns any of the outstanding capital stock or holds any equity or similar interest of such Person or (ii) controls or operates all or any part of the business, operations or administration of such Person, and all of the foregoing, collectively, “Current Subsidiaries”.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Parent Subsidiary means any Subsidiary of Parent.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • Inactive Subsidiary means any Subsidiary of the Borrower that (a) does not conduct any business operations, (b) has assets with a total book value not in excess of $10,000 and (c) does not have any Indebtedness outstanding.

  • Excluded Subsidiary means (a) any Subsidiary that is not a wholly-owned direct or indirect Domestic Subsidiary of Holdings, (b) any Subsidiary that is prohibited or restricted by applicable Law or by Contractual Obligations permitted by this Agreement in existence at the time of acquisition of such Subsidiary but not entered into in contemplation thereof, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) consent, approval, license or authorization, unless such consent, approval, license or authorization has been received, or for which the provision of a Guarantee would result in material adverse tax consequences to the Borrower or one of its subsidiaries as reasonably determined by the Borrower and agreed in writing by the Administrative Agent, (c) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower and the Administrative Agent, the burden or cost of providing a Guarantee shall be excessive in view of the benefits to be obtained by the Lenders therefrom, (d) any not-for-profit Subsidiaries or captive insurance Subsidiaries, (e) any Unrestricted Subsidiaries, (f) any Securitization Subsidiary, (g) any direct or indirect Domestic Subsidiary of a direct or indirect Foreign Subsidiary of Holdings that is a CFC, (h) any direct or indirect Domestic Subsidiary of Holdings that is a FSHCO, (i) [reserved], (j) captive insurance Subsidiaries, (k) any Subsidiary that is not a Material Subsidiary and (l) any Restricted Subsidiary acquired pursuant to a Permitted Acquisition or other Investment that has assumed secured Indebtedness permitted under Section 7.03(g)(i) and not incurred in contemplation of such Permitted Acquisition or other Investment, in each case to the extent such secured Indebtedness prohibits such Subsidiary from becoming a Guarantor (so long as such prohibition is not incurred in contemplation of such Permitted Acquisition or other Investment). For the avoidance of doubt, the Borrower shall not constitute an Excluded Subsidiary.

  • Project Subsidiary means any Subsidiary of the Company held for the purpose of holding, leasing, developing, constructing or acquiring energy generating, transmission or distribution assets, or assets related thereto, or any other power or energy facility or any assets related thereto, and any Subsidiary of the Company whose assets consist primarily of equity interests in one or more other Project Subsidiaries; provided that a Subsidiary will cease to be a Project Subsidiary if it Guarantees any Indebtedness of the Company other than obligations of the Company related to Project Debt of one or more Project Subsidiaries.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Operating Subsidiary means a majority-owned subsidiary of a financial

  • PRC Subsidiary means any Subsidiary of the Company organized under the Laws of the PRC.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • Major Subsidiary means any Subsidiary (a) more than 50% of the voting securities of which is owned directly or indirectly by Altria, (b) which is organized and existing under, or has its principal place of business in, the United States or any political subdivision thereof, Canada or any political subdivision thereof, any country which is a member of the European Union on the date hereof (other than Greece, Portugal or Spain) or any political subdivision thereof, or Switzerland, Norway or Australia or any of their respective political subdivisions, and (c) which has at any time total assets (after intercompany eliminations) exceeding $1,000,000,000.

  • Restricted Subsidiary means any Subsidiary of the Borrower other than an Unrestricted Subsidiary.

  • Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

  • Principal Subsidiary means at any relevant time a Subsidiary of the Issuer: