Mexican Income Tax Law definition

Mexican Income Tax Law means the Ley del Impuesto sobre la Renta of Mexico, as amended from time to time, or any successor statute.
Sample 1Sample 2Sample 3
Mexican Income Tax Law means Ley del Impuesto sobre la Renta.
Sample 1Sample 2Sample 3
Mexican Income Tax Law means the Mexican Income Tax Law (Ley del Impuesto Sobre la Renta).
Sample 1Sample 2Sample 3

Examples of Mexican Income Tax Law in a sentence

  • Fibra Inn, as a real estate investment trust (Fideicomiso de Inversiones en Bienes Raices – “FIBRA”), meets the requirements to be treated as a transparent entity in Mexico in accordance with the Mexican Income Tax Law.

  • The Mexican Income Tax Law prohibits donors from retaining a proprietary interest in contributions to NPOs with authorized donee status.

  • In accordance with the Mexican Income Tax Law, any income obtained by Mexican resident individuals from a grant by their employer, or any related party to the employer, of shares issued by the employer, or any related party to the employer, at no cost, or at a discount (with respect to their market value at the vesting date), is considered salary income.

  • In accordance with the Mexican Income Tax Law, Mexican resident entities acting as employers are obligated to withhold income tax from all salary payments to their employees, including any income derived from granting shares, such as the Restricted Stock Units.

  • Under Articles 187 and 188 of the Mexican Income Tax Law (LISR for its Spanish acronym), it is required to distribute an amount equal to at least 95.0% of its net tax result to its CBFI holders on a yearly basis.

  • If you lock yourself out and need the Landlord to come and let you in after office hours, you will be charged $25.00 each time (this is much cheaper than paying for damages).

  • Under Articles No. 187 and 188 of the Mexican Income Tax Law, FIBRAPL is obligated to distribute an amount equal to at least 95% of its net taxable income to its CBFI holders on an annual basis.

  • To maintain FIBRA’s status, the Mexican Congress of the Union, through the Mexican Internal Revenue Services (“SAT”, by its Spanish acronym), has established in the articles 187 and 188 of the Statutory Mexican Income Tax Law that the FIBRAs must distribute no less than 95% of their net tax income on annual basis to the holders of the CBFIs issued.

  • It was created mainly to acquire and own real estate, for the purpose of leasing commercial properties earmarked for the hospitality industry and providing related services.Fibra Inn, as a real estate investment trust (“FIBRA” for its Spanish acronym), meets the requirements to be treated as a transparent entity in Mexico in accordance with the Mexican Income Tax Law (Ley del Impuesto Sobre la Renta).

  • Fibra INN, as a real estate investment trust (Fideicomiso de Inversiones en Bienes Raices – “FIBRA”), meets the requirements to be treated as a transparent entity in Mexico in accordance with the Mexican Income Tax Law.


More Definitions of Mexican Income Tax Law

Mexican Income Tax Law means the Mexican Income Tax Law (Ley del Impuesto sobre la Renta) of 2013, as amended from time to time, and the rules and regulations promulgated thereunder.
Sample 1Sample 2
Mexican Income Tax Law means the Ley del Impuesto sobre la Renta of Mexico, its regulations and disposiciones misceláneas in effect from time to time.
Sample 1
Mexican Income Tax Law has the meaning specified in Section 3.11. “Xxxxx’x” means Xxxxx’x Investors Service, Inc. or any successor to the rating agency business thereof.
Sample 1
Mexican Income Tax Law means the Ley del Impuesto sobre la Renta of Mexico. “Mexican Pesos” or “Mex$” means the lawful currency of Mexico. “Mexican Promissory Note” has the meaning set forth in Section 2.09(e).hereto. “Mexican Subsidiary Borrower” has the meaning set forth in the preamble hereto. “Mexican Tranche Borrowers” means (a) the Parent Borrower and (b) the Mexican Subsidiary Borrower. “Mexican Tranche Lender” means a Lender with a Mexican Tranche Revolving Commitment or a Mexican Tranche Revolving Credit Exposure. “Mexican Tranche Percentage” means, with respect to any Mexican Tranche Lender at any time, the percentage of the aggregate Mexican Tranche Revolving Commitments represented by such Mexican Tranche Lender’s Mexican Tranche Revolving Commitment at such time; provided that, for purposes of Section 2.19 when a Defaulting Lender that is a Mexican Tranche Lender shall exist, the term “Mexican Tranche Percentage” shall mean, with respect to any Mexican Tranche Lender at any such time, the percentage of the aggregate Mexican Tranche Revolving Commitments (disregarding such Defaulting Lender’s Mexican Tranche Revolving Commitment) represented by such Lender’s Mexican Tranche Revolving Commitment at such time. If the Mexican Tranche Revolving Commitments have terminated or expired, the Mexican Tranche Percentages shall be determined based upon the Mexican Tranche Revolving Commitments most recently in effect, giving effect to any assignments and to any Mexican Tranche Lender’s status as a Defaulting Lender at the time of determination. “Mexican Tranche Revolving Commitment” means, with respect to each Lender, the commitment, if any, of such Lender to make Mexican Tranche Revolving Loans hereunder, expressed as an amount representing the maximum aggregate amount of such Lender’s Mexican Tranche Revolving Credit Exposure hereunder, as such commitment may be reduced or increased from time to time pursuant to the terms hereof. The initial amount of each Lender’s Mexican Tranche Revolving Commitment is set forth on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender shall have assumed or provided its Mexican Tranche Revolving Commitment, as applicable. As of the Effective Date, the aggregate amount of the Mexican Tranche Revolving Commitments is $15,000,000. “Mexican Tranche Revolving Credit Exposure” means, with respect to any Lender at any time, the sum of the Dollar Equivalents of such Lender’s outstanding Mexican Tranche Revolving Loans at su...
Sample 1

Related to Mexican Income Tax Law

  • 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.

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

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

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

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

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

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

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

  • Non-Income Tax means any Tax other than an Income Tax.

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

  • 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.

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

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

  • 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.

  • Swiss Federal Tax Administration means the tax authorities referred to in article 34 of the Swiss Withholding Tax Act.

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

  • 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.

  • Median income means the median income by household size for the applicable housing region, as adopted annually by COAH or a successor entity approved by the Court.

  • Income Tax Expense means, with respect to the Borrowers, for any period, the aggregate, without duplication, of all Taxes on the income of such Person for such period, whether current or deferred, determined on a Modified Consolidated Basis.

  • Change in Tax Law means the enactment, promulgation, execution or ratification of, or any change in or amendment to, any law (or in the application or official interpretation of any law) that occurs on or after the date on which the relevant Transaction is entered into.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP;

  • Applicable Tax Law means any Applicable Law relating to Taxes, including regulations and other official pronouncements of any Governmental Entity or political subdivision of such jurisdiction charged with interpreting such Applicable Law.