FATCA Deductions definition

FATCA Deductions means any deductions or withholdings required by FATCA from any payments made by the Funding Seller, the Originators or the Initial Purchaser in connection with this Agreement or any of the other Transaction Documents.
Sample 1Sample 2Sample 3

Examples of FATCA Deductions in a sentence

  • While the Company will seek to satisfy its obligations under the US-Guernsey IGA and the CRS as implemented in Guernsey in order to avoid the imposition of any FATCA Deductions or any financial penalties under Guernsey law, the ability of the Company to satisfy such obligations will depend on receiving relevant information and/or documentation about each Shareholder and the direct and indirect beneficial owners of the Shares (if any).

  • Their main focus is on relaxation.Although the activity information is the only information used for segment identification in this case study, it is important to learn more about the segments that emerged.

  • While the Company intends to satisfy its obligations under FATCA, UK FATCA, the CRS and the associated implementing legislation in the UK to avoid the imposition of any FATCA Deductions and/or financial penalties and other sanctions, the ability of the Company to satisfy such obligations will depend on receiving relevant information and/or documentation about each Shareholder and the direct and indirect beneficial owners of the Shares (if any).

  • Notwithstanding anything in this Deed, the Issuer will not be required to indemnify any person for any cost, expense or liability in connection with the Transaction Documents or the transactions contemplated in such Transaction Documents resulting from any FATCA Deductions or any deduction or withholding for or on account of any taxes as required by applicable law.

  • While the Scheme intends to satisfy its obligations under FATCA and CRS and the associated implementing legislation in Singapore to avoid the imposition of any FATCA Deductions and/or financial penalties and other sanctions, the ability of the Scheme to satisfy such obligations will depend on receiving relevant information and/or documentation about each Holder and the direct and indirect beneficial owners of the Units (if any).

  • Each payment (whether of principal or interest or otherwise) to be made by the Borrower under a Facility Document shall, subject only to clause 17.3, be made free and clear of and without deduction for or on account of any Taxes or other deductions, withholdings, restrictions, conditions or counterclaims of any nature other than FATCA Deductions.

  • If the Company fails to comply with any due diligence and/or reporting requirements under Guernsey legislation implementing the US-Guernsey IGA and/or the CRS then the Company could be subject to the imposition of financial penalties, and in the case of the US-Guernsey IGA, FATCA Deductions.

  • While the Company will seek to satisfy its obligations under FATCA, the US-UK IGA and the associated implementing legislation in the United Kingdom to avoid the imposition of any FATCA Deductions, the ability of the Company to satisfy such obligations will depend on receiving relevant information and/or documentation about each shareholder and the direct and indirect beneficial owners of the Shares (if any).

  • If the Company fails to comply with any due diligence and/or reporting requirements under Guernsey legislation implementing the US- Guernsey IGA and/or the CRS then the Company could be subject to the imposition of financial penalties, and in the case of th e US- Guernsey IGA, FATCA Deductions.

  • While the Company/the relevant Fund will seek to satisfy its obligations under FATCA, the US-UK IGA, the UK CDOT IGAs, the CRS and the associated implementing legislation in the UK to avoid the imposition of any FATCA Deductions, financial penalties and other sanctions, the ability of the Company/the relevant Fund to satisfy such obligations will depend on receiving relevant information and/or documentation about each Shareholder and the direct and indirect beneficial owners of the Shares (if any).

Related to FATCA Deductions

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

  • 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.

  • 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.

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

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

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Transaction Deductions means any deduction permitted for income Tax purposes attributable to (i) Transaction Expenses or other similar expenses paid on or prior to the Closing Date; and (ii) any fees, expenses, and interest (including amounts treated as interest for income Tax purposes) that were incurred in connection with the Indebtedness (or payment thereof).

  • FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Creditor Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction;

  • Deduction means the amount that is treated as deductible from the taxable income under the laws of the payer or investor jurisdiction. The term 'deductible' shall be construed accordingly.

  • Deductions means any deductions which the Employment Business may be required by law to make and in particular in respect of PAYE pursuant to Sections 44-47 of the Income Tax (Earnings and Pensions) Act 2003 and Class 1 National Insurance Contributions;

  • Agreed Deductions means any deductions the Agency Worker has agreed can be made from their pay;

  • Permitted Deductions means the sum of, without duplication, the following costs or expenses:

  • FATCA means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Code.

  • 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. Annex 1 – Data Processing

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Other Taxes means all present or future stamp or documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document.

  • Input Tax Credit means the credit of input tax;

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.

  • Swiss Withholding Tax means taxes imposed under the Swiss Withholding Tax Act.

  • Swiss Withholding Tax Act means the Swiss Federal Act on the 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.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • 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.

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

  • Gross receipts tax means any gross receipts, sales, use, excise, value added or any similar tax.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.