Income Tax Acts definition

Income Tax Acts. (“….”) means all enactments relating to income tax, including any provisions of any enactments relating to the taxation of the income and chargeable gains of companies and of company distributions which relate to income tax;
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Income Tax Acts means the principal Act and any other Act relating to income tax;
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Income Tax Acts means the Income Tax Acts 1970 to 1973 and any other enactment relating to income tax, and “income tax” means the tax charged under those Acts;
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Examples of Income Tax Acts in a sentence

  • You agree that Studio may deduct and withhold from your compensation hereunder the amounts required to be deducted and withheld under the provisions of the Federal and California Income Tax Acts, Federal Insurance Contributions Act, California Unemployment Insurance Act, any and all amendments thereto, and other statutes heretofore or hereafter enacted requiring the withholding of compensation.

  • Received Royal Assent: 24 March 1970Passed: 19 May 1970Commenced: 19 May 1970 & s 123(2) AN ACT to consolidate the Income Tax Acts.

  • Financial institution unit trusts will be NZ financial institutions if they are tax resident in New Zealand (excluding offshore branches) under the company tax residency rules set out in the Income Tax Acts.# The specified period this applies for i.e, for the shorter of the:- three year period ending on 31 March of the period preceding the period in which the determination is made, or- period during which the entity has been in existence.

  • Whenever an RMFI reports an undocumented account, the Commissioner will use its information- gathering powers under the Income Tax Acts as mentioned in regulation 42 of the amended Cooperation with Other Jurisdiction on Tax Matters Regulations, to obtain information regarding the undocumented account(s) reported.

  • Wording along the lines of “as if the appeal were an appeal against an assessment to income tax and the provisions of the Income Tax Acts relating to ….shall with the necessary modifications apply accordingly” has been removed and each right of appeal now operates on a standalone basis.

  • Returns to investors may be affected by taxation rules under their home Income Tax Acts (if applicable).

  • A beneficiary will cease to possess special tax status with immediate effect, if the same beneficiary is in breach of any provisions of the Income Tax Acts.

  • The Trustee shall maintain or cause to be maintained proper accounts and records of the Fund and its administration as may be required by Superannuation Law or the Income Tax Acts and as the Trustee may otherwise determine.

  • Adding a definition of “cryptocurrency” in both the VAT and Income Tax Acts is not necessary since there is a general understanding of the meaning of cryptocurrencies.

  • In Smietanka, the Court stated that, “There can be no doubt that the word [income] must be given the same meaning and content in the Income Tax Acts of 1916 and 1917 that it had in the Act of 1913.” Smietanka at 519.

Related to Income Tax Acts

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • Tax Act means the Income Tax Act (Canada) and the regulations thereunder, as amended from time to time;

  • Income means the following:

  • Australian Tax Act means the Income Tax Assessment Act 1936 (Cth) (Australia) or the Income Tax Assessment Act 1997 (Cth) (Australia), as applicable.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).

  • U.S. Tax Code means the United States Internal Revenue Code of 1986, as amended;

  • 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.

  • non-taxable territory means the territory which is outside the taxable territory;