Form 593 definition

Form 593 has the meaning given in Section 6.2.2 below.
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Form 593 has the meaning ascribed to such term in Section 10.3(k).
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Form 593 has the meaning ascribed to such term in Section 10.3(k). “GAP” has the meaning ascribed to such term in Section 7.1(d). “Gap Notice” has the meaning ascribed to such term in Section 6.2(b). “Gap Waiver” has the meaning ascribed to such term in Section 7.1(d).
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Examples of Form 593 in a sentence

  • In the event Seller is not exempt from such withholding or does not otherwise deliver the California Exemption Certificate at Closing, Buyer shall execute and deliver three (3) originals of California Form 593 to Title Company at or immediately after Closing.

  • If the buyer or other withholding agent does not furnish complete and correct copies of Form 593 to the FTB by the due date but does file them within 30 days of the due date, the penalty is $15 per Form 593.

  • If the seller is electing the Optional Gain on Sale withholding amount, ask the seller to provide you the installment withholding percentage that the seller calculated in the instructions for the Form 593.

  • Give the original along with copies of the promissory note and seller’s certified Form 593 to your real estate escrow person who should mail them in to the Franchise Tax Board.

  • If you choose not to sign this agreement, instruct your real estate escrow person to withhold either the full 31/3% of the total sales price or the Optional Gain on Sale withholding amount certified by the seller on Form 593.

  • If you are the buyer and plan to withhold on the principal portion of each installment payment, complete Form 593-I, and have your real estate escrow person send the completed Form 593-I, a copy of the promissory note, and seller’s certified Form 593 to the Franchise Tax Board (FTB) with the withholding on the first installment payment.

  • Purpose When California real estate is sold on an installment basis, the buyer must withhold either 3 1/3% of the total sales price or the Optional Gain on Sale withholding amount from Form 593, Real Estate Withholding Tax Statement, line 5, which is certified by the seller.

  • If the buyer has agreed to withhold on the principal portion of each installment payment instead of withholding on the full amount at the time of transfer, withhold either 3 1/3% or the Optional Gain on Sale withholding percentage, as specified by the seller on Form 593, of the first installment payment.

  • If you do not complete Form 593-I and send it to us, you must withhold either the full 3 1/3% of the total sales price or the Optional Gain on Sale withholding amount on Form 593, line 5, that is certified by the seller.

  • If the buyer or other withholding agent does not furnish complete and correct copies of Form 593 to the seller by the due date, the penalty is $50 per Form 593.


More Definitions of Form 593

Form 593 has the meaning ascribed to such term in Section 10.3(k). “Gap Notice” has the meaning ascribed to such term in Section 6.2(b).
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Form 593 means and refers to a California Franchise Tax
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Related to Form 593

  • FIRPTA Certificate an affidavit from the Annual Conference pursuant to Section 1445(b)(2) of the Code in the form attached hereto as Exhibit D, and on which Buyer is entitled to rely, that Seller is not a “foreign person” within the meaning of Section 1445(f)(3) of the Code

  • IRS means the United States Internal Revenue Service.

  • FIRPTA Affidavit means the Foreign Investment in Real Property Tax Act Certification and Affidavit, substantially in the form of Exhibit D hereto.

  • Tax Certification Forms means any forms or other documentation as may be issued or required by a Tax Authority or by the Bank from time to time to confirm the tax status of the Customer or of a Connected Person.

  • Affidavit of Small Business Enterprise Certification means the fully completed, signed, and notarized affidavit that must be submitted with an application for SBE certification. Representations and certifications made by the applicant in this Affidavit are made under penalty of perjury and will be used and relied upon by City to verify SBE eligibility and compliance with SBE certification and documentation requirements.

  • Form 4224 means Form 4224 (Exemption from Withholding of Tax on Income Effectively Connected with the Conduct of a Trade or Business in the United States) of the Department of the Treasury of the United States of America (or in relation to either such Form such successor and related forms as may from time to time be adopted by the relevant taxing authorities of the United States of America to document a claim to which such Form relates).

  • Form 2106 means internal revenue service form 2106 filed by a taxpayer pursuant to the Internal Revenue Code.

  • FIRPTA means the Foreign Investment in Real Property Tax Act.

  • Internal Revenue Service or “IRS” means the U.S. Internal Revenue Service or any successor thereto.

  • UCC Filing Authorization Letter means a letter duly executed by each Loan Party authorizing the Agent to file appropriate financing statements on Form UCC-1 without the signature of such Loan Party in such office or offices as may be necessary or, in the opinion of the Agent, desirable to perfect the security interests purported to be created by each Security Agreement, each Pledge Agreement and each Mortgage.

  • Section 338 Forms has the meaning set forth in Section 6.5(d).

  • Federal Tax Certificate means the Issuer's Federal Tax Certificate dated as of the Issue Date, as the same may be amended or supplemented in accordance with the provisions thereof.

  • Form W-8BEN means Form W-8BEN (Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding) of the Department of Treasury of the United States of America, and any successor form.

  • United States Tax Compliance Certificate has the meaning specified in Section 3.01.

  • Form W-8ECI means Form W-8ECI (Certificate of Foreign Person’s Claim for Exemption from Withholding of Tax on Income Effectively Connected with the Conduct of a Trade or Business in the United States) of the Department of the Treasury of the United States of America, and any successor form.

  • Case Report Form means a printed, optical or electronic document or database designed to record all of the information, which is required by the Protocol to be reported to the Sponsor on each Study Participant.

  • Short Form Notice means the Short Form Notice substantially in the form as

  • Authorization Letter means a letter agreement executed by Borrower in the form of EXHIBIT A.

  • Local health department means the same as that term is defined in Section 26A-1-102.

  • Transfer Application means an application and agreement for transfer of Units in the form set forth on the back of a Certificate or in a form substantially to the same effect in a separate instrument.

  • Loan Transmittal Summary Forms means the forms related to each Xxxx of Sale provided to the Seller by the Purchaser and completed by the Seller which list, by Borrower, (i) the Loans subject to the related Xxxx of Sale and (ii) the outstanding Principal Balance and accrued interest thereof as of the related Cutoff Date.

  • Health Department means the department of environmental quality, a city health department, a county health department, or a district health department, whichever has jurisdiction.

  • Xxxxxxxx-Xxxxx Certification As defined in Section 11.05.

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.