Nonresident shareholder definition

Nonresident shareholder means any shareholder of an S corporation who on the last day of the taxable year of the S corporation, is:
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Nonresident shareholder means any shareholder of an S corporation who on the
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Nonresident shareholder has the meaning set forth in §6(d)(viii) above.
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Examples of Nonresident shareholder in a sentence

  • The credit of tax may or may not be allowed to such Non-resident shareholder to be claimed in the country of residence in respect of the buy-back tax paid by the company in view of Section 115QA (4) and (5) of the ITA.

  • The credit of tax may or may not be allowed to such Non-resident shareholder to be claimed in the country of residence in respect of the buy-back tax paid by the company in view of Sec 115QA (4) and(5) of the ITA.

  • Since Foreign Direct Investment has not been taken on record by Reserve Bank of India, Preference Dividend of Rs. 1.62 Crore and Equity Dividend of Rs. 1.00 Crore have not been remitted to a Non-resident shareholder.

  • Such documents should include: • a copy of the permission received by them from RBI at the time of the original acquisition of Shares• a letter from the Shareholder‟s authorized dealer/bank confirming that at the time of acquiring the said Equity Shares, payment for the same was made by the Non-resident shareholder from the appropriate account as specified by RBI in its approval.• Any other document which evidences repatriability of sale proceeds in respect of the tendered Shares.

  • The credit of tax may or may not be allowed to such Non-resident shareholder to be claimed in the country of residence in respect of the buy-back tax paid by the company in view of Sec 115QA (4) and (5) of the ITA.

  • The credit of tax may or may not be allowed to such Non-resident shareholder to be claimed in the country of residence in respect of the buy-back tax paid by the Company in view of Section 115QA(4) and (5) of the ITA.

  • If a Non-resident shareholder is carrying on business activities in Norway, and the shares are effectively connected with such activities, the shareholder will be subject to the same taxation as Norwegian shareholders, as described above.

  • Nonresident shareholder capital registered with the Brazilian Central Bank amounts to US$219,762 thousand and Ұ2,524,488 thousand.

  • Any waiver by a party of any breach of any provision of this Agreement will not be deemed to be a waiver unless it is in writing, and it shall not be deemed to be a waiver of any subsequent breach of that provision.

  • If a Non-resident shareholder is carrying on business activities in Norway, and the Shares are effectively connected with such activities, the shareholder will be subject to the same taxation as Norwegian shareholders, as described above.

Related to Nonresident shareholder

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.