Examples of Italian Substitute Tax in a sentence
This status will remain until such position is transferred in compliance with the applicable transfer and exchange procedures laid out in the offering memorandum for the securities, including, without limitation, payment of the Italian Substitute Tax on any interest accrued, but not yet paid, until the settlement date of a prospective transfer.
Certificate of Residence Eligible (CORE)any interest, including any original-issue discount accrued, but not yet paid, until the settlement date of a prospective transfer, as more fully described in the offering circular.o The holder of the non-exempt position will be required to pay Italian Substitute Tax for the period when such position was held in the 144A X Receipt.
In an event such as this, the DTC Participant would receive the interest payments on the entire position held on behalf of all beneficial owner clients net of the Italian Substitute Tax, and relief would need to be obtained directly from the Italian tax authorities, in accordance with Italian law.
In an event such as this, the DTC participant would receive the interest payments on the entire position held on behalf of all beneficial owner clients net of the Italian Substitute Tax, and relief would need to be obtained directly from the Italian tax authorities, in accordance with Italian law.
This status will continue until and unless such position is transferred in compliance with the applicable transfer and exchange procedures laid out in the offering circular for the securities, including, without limitation, payment of the Italian Substitute Tax on any interest (including OID) accrued but not yet paid, until the settlement date of a prospective transfer.
Italian Substitute Tax, and any applicable penalties, interest or past due tax amounts will be transmitted by Monte Titoli to the Italian Tax Authority as required by applicable law.
In such event, the DTC participant would receive the interest payments on the entire position held on behalf of all beneficial owner clients net of the Italian Substitute Tax and relief would need to be obtained directly from the Italian tax authorities, in accordance with Italian law.
In such event, the DTC Participant would receive the interest payments on the entire position held on behalf of all beneficial owner clients net of the Italian Substitute Tax and relief would need to be obtained directly from the Italian tax authorities, in accordance with Italian law.
Interest accrued or paid in respect of N Receipts will be subject to the payment of Italian Substitute Tax, currently at a rate of 26.0%.
This status will continue until and unless such position is transferred in compliance with the applicable transfer and exchange procedures laid out in the offering memorandum for the securities, including, without limitation, payment of the Italian Substitute Tax on any interest (including OID) accrued but not yet paid, until the settlement date of a prospective transfer.