Foreign Income Tax definition

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.

Foreign Income Tax means any Income Tax other than a U.S. federal, state or local Income Tax.

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 Regulations § 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

Examples of Foreign Income Tax in a sentence

• A prescription from a health care provider legally authorized to prescribe medication in Georgia is required for all prescription medication.

• Please note, we are not currently in a position to apply for any reduction in withholding tax rates that may be available under a double tax agreement (DTA) for these securities, unless the reduced rate automatically applies.An amount disclosed by the sub-custodian as foreign tax withheld will be reported in the Foreign Income Tax Offset column in the Detailed Report.

• Certain taxes suffered by the Fund may be distributed to Investors as Foreign Income Tax Offsets.

• AGI+ Excluded Foreign Income+ Tax Exempt Interest+ Non-taxable Social Security benefits =MAGIFew low income clients will have foreign income or tax-exempt interest, two of the ACA mandated “modifications” to the AGI.

• Investors will receive an Annual Tax Statement (or an “AMMA” for an AMIT) detailing all relevant taxation information concerning attributed amounts and cash distributions, including any Foreign Income Tax Offset (“FITO”) and franking credit entitlements, returns of capital, assessable income, and any upwards or downwards cost base adjustment in the capital gains tax cost base of their units in the Fund (in the case of an AMIT).

More Definitions of Foreign Income Tax

Foreign Income Tax means any Income 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.

Foreign Income Tax means income tax imposed by a foreign country and includes a final withholding tax or branch profits tax imposed by a foreign country;

Foreign Income Tax means any Income Tax imposed on corporations by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession.

Foreign Income Tax means any Tax (including any interest, penalties, additions to tax, or additional amounts in respect of Tax) that is (i) imposed by a possession of the United States or a political subdivision thereof, or imposed by any country (other than the United States) or a political subdivision of such country, and (ii) that is an income tax as defined in Treasury Regulation Section 1.901-2.

Foreign Income Tax means the Income Tax, including withholding tax, imposed by the government of a foreign country or a political subdivision of a government of a foreign country, but does not include penalty, additional tax, or interest payable in respect of such tax; and

Foreign Income Tax means income tax imposed by a foreign country

Foreign Income Tax means a foreign income tax referred to in sub-section (8) of Section 69 levied by any foreign country.