Israeli Tax Code definition

Israeli Tax Code means the Israeli Income Tax Ordinance (New Version) - 1961 and the rules and regulations promulgated thereunder, as amended.
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Israeli Tax Code means the Israeli Income Tax Ordinance (New Version) - 1961 and the rules and regulations promulgated in connection therewith, as amended.
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Israeli Tax Code has the meaning set forth in Section 5.13(i)(xii).
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Examples of Israeli Tax Code in a sentence

  • It is hereby clarified that such options shall be at all times subject to the Company’s Employee Share Option Plan and the applicable provisions of the Israeli Tax Code and any rules and regulations promulgated thereunder.

  • As used herein, the term “Equity Interests” of the Company shall mean and refer to option or shares under a compensation plan under Section 102 of the Israeli Tax Code as approved by the Israeli Tax Authorities.

  • Neither the Company nor the US Subsidiary has participated in, nor are any of them currently participating in, a “Listed Transaction” or a “Reportable Transaction” within the meaning of Section 6707A(c) of the Code or Treasury Regulation Section 1.6011-4(b), or Section 131(g) of the Israeli Tax Code and the regulations thereunder, or any transaction requiring disclosure under a corresponding or similar provision of state, local, or foreign law.

  • It is hereby clarified that such options, if and when granted, shall be at all times subject to the Ness’ Employee Share Option Plan and the applicable provisions of the Israeli Tax Code and any rules and regulations promulgated thereunder.

  • Notwithstanding the provisions of Section 1.09(a) above, if the 104(h) Tax Ruling shall be received and delivered to Buyer prior to the applicable withholding date, then the provisions of the 104(h) Tax Ruling shall apply and all applicable withholding and reporting procedures shall be made in accordance with the provisions of the 104(h) Tax Ruling and Section 104(h) of the Israeli Tax Code.

  • With its relatively short, but complex, history and a sharp and fast economic growth, Israel sets a great study case for an extensive, and many times politically controversial, use of tax benefits.Generally, regional tax benefits offered in the Israeli Tax Code (“ITC”) can be divided into three main groups.

  • Notwithstanding the foregoing, the proceeds payable with respect to Company Shares obtained upon exercise of Vested Company Options which are held by the Section 102 Trustee shall be held, paid and distributed by the 102 Trustee in accordance with applicable Law, including, without limitation, the provisions of Section 102 of the Israeli Tax Code and the regulations and rules promulgated thereunder and the Israeli Options Tax Ruling, if obtained.

  • Such Stockholder has good and valid title to the Shares set forth next to such Stockholder's name on Schedule 2.04, free and clear of all Liens, provided that the 102 Common Stock and 102 Outstanding Options are held by the Section 102 Trustee for the benefit of the respective beneficial holder whose name appears on the respective stock certificate, all in accordance with the Israeli Tax Code.

  • The Company (i) is not or has not been an Israeli resident as defined in Section 1 of the Israeli Tax Code and (ii) does not have or has not had assets that principally comprise, directly or indirectly, assets located in Israel (other than the Subsidiary in Israel), and which comprise a majority of the value of the Company, in either case as determined in accordance with the Israeli Law relating to Taxes.

  • It is hereby clarified that such options shall be at all times subject to the Company’s Employee Share Option Plan and the applicable provisions of the Israeli Tax Code and any rules and regulations promulgated thereunder Upon a Change of Control (as this term is defined in the option plan) all the unvested options shall be vested and exercisable.

Related to Israeli Tax Code

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

  • Tax Code means the Internal Revenue Code of 1986, as amended.

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

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

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

  • 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.

  • Tax Ordinance means the Israeli Income Tax Ordinance [New Version], 1961, as amended.

  • Israeli Companies Law means the Israeli Companies Law, 5759-1999, as amended, and the regulations promulgated thereunder.

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

  • Canadian Tax Act means the Income Tax Act (Canada), as amended.

  • IRC means the Internal Revenue Code of 1986, as amended.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.

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

  • Non-Income Tax Return means any Tax Return relating to Taxes other than Income Taxes.

  • State Income Tax means any Tax imposed by any State of the United States (or by any political subdivision of any such State) or the District of Columbia, or any city or municipality located therein, which is imposed on or measured by net income, including state and local franchise or similar Taxes measured by net income, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Tax Commissioner means the tax commissioner appointed under section 121.03 of the Revised Code.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Code Section 409A means Section 409A of the Code and all regulations issued thereunder and applicable guidance thereto.

  • Swiss Withholding Tax Act means the Swiss Federal Act on Withholding Tax of 13 October 1965 (Bundesgesetz über die Verrechnungssteuer), together with the related ordinances, regulations and guidelines, all as amended and applicable from time to time.

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

  • Tax Ruling as used in this Agreement, shall mean a written ruling of a taxing authority relating to Taxes. "Closing Agreement", as used in this Agreement, shall mean a written and legally binding agreement with a taxing authority relating to Taxes.

  • Tax Law means the law of any governmental entity or political subdivision thereof relating to any Tax.

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

  • 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).

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.