Foreign Tax Evasion definition

Foreign Tax Evasion. - means evading tax in a foreign country, provided that conduct is an offence in that country and would be a criminal offence if committed in the UK. As with Tax Evasion, the element of fraud means there must be deliberate action, or omission with dishonest intent
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Foreign Tax Evasion means evading tax in a foreign country, provided that the conduct is an offence in that country and would be a criminal offence if committed in the UK.
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Foreign Tax Evasion offence means conduct that:
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Examples of Foreign Tax Evasion in a sentence

  • The Supplier shall ensure that it and the Supplier Associated Persons shall not by any act or omission commit, or cause, facilitate or contribute to the commission by any person including the Client, of a: Corporate Failure to Prevent Offence; or UK Tax Evasion Offence; or Foreign Tax Evasion Offence in connection with the performance of this Agreement.

  • The Supplier shall ensure that it and the Supplier Associated Persons shall not by any act or omission commit, or cause, facilitate or contribute to the commission by any person including the Client, of a: Corporate Failure to Prevent Offence; UK Tax Evasion Offence; or Foreign Tax Evasion Offence in connection with the performance of this Agreement.

  • The Supplier shall not and shall use all reasonable endeavours to ensure that Supplier Associated Persons shall not, solicit or engage with or take steps to solicit or engage with any person Associated with the Client to facilitate the commission of a UK Tax Evasion Offence or a Foreign Tax Evasion Offence in connection with the performance of the Services and the Agreement.

  • The Supplier shall not, and shall use all reasonable endeavours to ensure that Supplier Associated Persons shall not, solicit or engage with or take steps to solicit or engage with any person Associated with the Client to facilitate the commission of a UK Tax Evasion Offence or a Foreign Tax Evasion Offence in connection with the performance of the Services and the Agreement.

  • The parties shall ensure that it and their respective Associated Persons shall not by any act or omission commit, or cause, facilitate or contribute to the commission by any person, of a: (a) Corporate Failure to Prevent Offence, (b) UK Tax Evasion Offence, or (c) Foreign Tax Evasion Offence, in connection with this Agreement.

Related to Foreign Tax Evasion

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

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

  • 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.

  • Transaction Tax Deductions means any items of loss or deduction for Tax purposes arising from or attributable to any Actual Company Expenses or Actual Indebtedness.

  • 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.