Greek Tax definition

Greek Tax. ’ means any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of Greece or any political sub-division thereof or by any authority therein or thereof having power to tax;
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Examples of Greek Tax in a sentence

  • All payments in respect of the Preferred Securities by the Issuer will be made without withholding or deduction for, or on account of, any Jersey Tax or Greek Tax, unless the withholding or deduction of such Jersey Tax or Greek Tax is required by law.

  • All Guarantee Payments made hereunder in respect of the Preferred Securities by the Bank will be made without withholding or deduction for, or on account of, any Greek Tax, unless the withholding or deduction of such Greek Tax is required by law.

  • Netherlands Tax Treaty Not Relevant for Determining Existence of Permanent EstablishmentThe Greek Tax Authorities have recently clarified that the provisions of the Greece - Netherlands Income and Capital Tax Treaty (1981) do not cover VAT issues insofar as VAT had not been enacted in Greece when the treaty was ratified by Greece and that such treaty is also not relevant for determining whether a permanent establishment exists in Greece.

  • Income taxThe Bank is subject to income tax according to the Greek Tax Legislation.

  • Tax losses, at the level they are recognized by tax authorities, can be used for compensation of profits for the five subsequent fiscal years, following the referred fiscal year.Pursuant to the provisions of the Greek Tax Legislation, companies pay an income tax down payment each year, which is estimated at 80% on the income tax of the current fiscal year.

  • Income tax losses recognized by Greek Tax Authorities can be transferred and deducted from future income tax gains for five years.

  • Based on the open data, which are further validated by the Greek Tax data (TAXIS), the most characteristic facts of the Greek public spending are being visualized and interconnected to foreign expenditure and other data.

  • Greek tax legislation is under interpretation of Greek Tax Authorities and Greek courts.

  • Still, there is some relevant policy for Greece, The Greek Tax Law (Income Taxation Law- Law 2238/94) which supports the development of family owned businesses, by reducing the tax rate in the case of business transfer.

  • Prior to the execution of the purchase agreement buyers of parts in Private Companies (“IKEs”) and Limited Liability companies (“EPEs”) should obtain a Greek tax identification number with the Greek Tax Authorities which requires the filing of legalisation documents, certificates of good standing and tax certificates as well as the appointment of a tax representative in Greece.

Related to Greek Tax

  • input tax , in relation to a vendor, means—

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • valued added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • 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.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • 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.

  • central tax means the central goods and services tax levied under section 9 of the Central Goods and Services Tax Act;

  • Tax or Taxes means any federal, state, provincial, local, foreign or other tax (including any income tax, franchise tax, capital gains tax, gross receipts tax, value-added tax, surtax, estimated tax, excise tax, ad valorem tax, transfer tax, stamp tax, sales tax, use tax, property tax, withholding tax or payroll tax), and any related fine, penalty or interest, imposed, assessed or collected by or under the authority of any governmental body, whether disputed or not.

  • value added tax means value added tax charged in accordance with the Value Added Tax Act 1994.

  • Sales Taxes has the meaning set forth in Section 3.2.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Tax Liabilities means all liabilities for Taxes.

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

  • VAT means value added tax.

  • School operating taxes means local ad valorem property taxes levied under section 1211 of the revised school code, MCL 380.1211, and retained for school operating purposes.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • MUNICIPAL TAXABLE INCOME means the following:

  • Relevant Taxing Jurisdiction shall have the meaning specified in Section 4.07(a).

  • State premium tax liability means any liability

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

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property and (b) is complementary to a sales tax.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Canadian Taxes has the meaning specified in Section 11.05.