Mexican VAT definition

Mexican VAT means an amount of VAT equal to $19,175,692.”
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Mexican VAT the value added tax imposed under Mexican Legal Requirements.
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Mexican VAT means an amount of VAT equal to $19,175,692.” SECTION 1.3
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Examples of Mexican VAT in a sentence

  • Collections of these receivables from the Government of Mexico often take months and sometimes years to recover, but the Company has to date been able to recover all of its VAT paid.Amendments were made to Mexican VAT legislation, effective January 1, 2017, that may impact the Company’s future ability to recover VAT paid after January 1, 2017.

  • The Company reassessed the collectability and classification of its Mexican VAT receivables and determined that no allowance was necessary in respect of collectability, but has classified $29 million of the $186 million VAT receivable balance at December 31, 2017 as a non-current asset.

  • We have used judgement in classifying the current and non-current portions of our Mexican VAT receivables.

  • The taxes receivable are comprised of Mexican VAT taxes receivable of $1,073 (April 30, 2019 - $2,462) and GST receivable of $79 (April 30, 2019 - $24), which are subject to review by the respective tax authority.

  • The taxes receivable are comprised of Mexican VAT taxes receivable of $619 (April 30, 2020 - $1,073) and GST receivable of $41 (April 30, 2020 - $79), which are subject to review by the respective tax authority.

  • Employer will pay to Employee a yearly salary (“Base Salary”) of one hundred and twenty thousand Dollars ($120,000), payable on the payroll dates established by Employer from time to time.

  • Cerro del Gallo all: Allocated Cash a) cash on hand of the Cerro Group as at the date of the Scheme Implementation Deed; and b) cash receipts of the Cerro Group (excluding the Mexican VAT refund referred to in the definition of “Spinout Allocated Cash”) since the date of the Scheme Implementation Deed to and including the Asset Transfer Implementation Date.

  • Collections of these receivables from the Government of Mexico often take months and sometimes years to recover, but MAG has to date been able to recover all of its VAT paid.Amendments were made to Mexican VAT legislation, effective January 1, 2017, that may impact the MAG’s future ability to recover VAT paid after January 1, 2017.

  • Accordingly, at December 31, 2021, we reassessed our estimates of timing of recovery of each of our outstanding Mexican VAT claims, which in turn affected their current versus non-current classifications.

  • The change in non-cash working capital was an outflow of $73.3 million related primarily to the $80.6 million payment of Mexican VAT which is expected to be recovered within 12 months and an increase in trade accounts receivable relating to sales in December.


More Definitions of Mexican VAT

Mexican VAT means VAT imposed under the Mexican VAT Laws as a result of the sale of the applicable Purchased Assets to the Purchaser Entities pursuant to this Agreement.
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Mexican VAT means VAT imposed under the Mexican VAT Laws as a result of the sale of the applicable Purchased Assets tothe Purchaser Entities pursuant to this Agreement.
Sample 1

Related to Mexican VAT

  • Mexican Pesos means the lawful currency of Mexico.

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

  • ECFMG means the Educational Commission for Foreign Medical Graduates, an organization that assesses the readiness of international medical school graduates to enter ACGME-approved residency programs in the United States of America.

  • Swiss Franc means the lawful currency of Switzerland.

  • Federal Tax means any Tax imposed under Subtitle A of the Code.

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

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

  • Swiss Borrower means a Borrower incorporated, or for tax purposes resident, in Switzerland.

  • OPWC means the Ohio Public Works Commission created pursuant to Revised Code Section 164.02.

  • child tax credit means a child tax credit under section 8 of the Tax Credits Act 2002;

  • UK Non-Bank Lender means where a Lender becomes a Party after the day on which this Agreement is entered into, a Lender which gives a Tax Confirmation in the assignment agreement or Transfer Certificate which it executes on becoming a Party.

  • provincial director means the provincial director as defined in regulation 1 of the General Administrative Regulations, 2003;

  • Indian Rupees or “Rs.” shall mean the mean the currency of the Government of India.

  • Provincial Minister means the member of the Cabinet of the Province of Western Cape responsible for local government;

  • Australian Dollar means the lawful currency of Australia.

  • Swiss Francs means the lawful currency of Switzerland.

  • Australian Dollars means the lawful currency of Australia.

  • UAE means the United Arab Emirates.

  • Swedish Krona means the lawful currency of Sweden.

  • Nodal Ministry means the Ministry or Department identified pursuant to this order in respect of a particular item of goods or services or works.

  • municipal tax means property rates or other taxes, levies or duties that a municipality may impose;

  • Irish Qualifying Lender means a Lender which is beneficially entitled to interest payable to that Lender in respect of an advance under this Agreement and is:

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

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Canadian Dollar Equivalent of any amount which is expressed in United States Dollars means, on any date, the Canadian dollar equivalent of such amount determined by multiplying such amount by the U.S. - Canadian Exchange Rate in effect on such date;

  • Pesos means the lawful currency of Mexico.