PRC Tax definition

PRC Tax means all present, future or contingent taxes on income, gain or profit or other similar taxes (however described) which may be imposed by the PRC tax authorities directly or indirectly on the Issuer and/or the Hedge Provider with respect to the PRC Property Share Securities or PRC Property Index Securities.
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PRC Tax means any Tax imposed, assessed, due or otherwise payable to the PRC State Administration of Taxation or any other Governmental Authority of the People’s Republic of China (including any political subdivision or an agency or instrumentality thereof).
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PRC Tax has the meaning set forth in Section 7.19. EXHIBIT A
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Examples of PRC Tax in a sentence

  • The remaining 10% of the Purchase Price (being US$8,652,412) (the “Holdback Amount”) shall by paid by the Buyer to the Seller pursuant to the terms of Schedule 1 (PRC Tax Reporting) hereto.

  • Unless otherwise agreed in the Quote, Prices exclude, and the Customer is responsible for, any sales, use, service, value added, and/or any other applicable taxes (“Taxes”) as provided under the PRC Tax Law (including regulations and directives effective) arising from the purchase of the Products and/or Services (as the case maybe).

  • Within ten days of filing the Circular 698 Returns, the Seller shall provide the Buyers with final, accurate copies of all such Circular 698 Returns that were filed, and, upon receipt by the Seller, an acknowledgment of receipt of the same by the relevant PRC Tax Authorities.

  • If NI issues a VAT Special Invoice to the Customer, the Customer shall submit it for VAT deduction within the allowable time as provided by PRC Tax Law.

  • The Seller shall, with respect to the Sale Shares, submit or cause to be submitted all applicable documents set forth under Announcement [2015] No. 7 to the PRC Tax Authorities with respect to the sale of the Sale Shares contemplated by this Agreement (the “PRC Tax Reporting”).

  • The Seller shall promptly provide to the Purchaser a copy of (i) any written receipt received from the PRC Tax Authorities with respect to the submission of the PRC Tax Reporting, and (ii) any tax payment receipt received from the PRC Tax Authorities evidencing the satisfaction of any Transfer Taxes (as defined below).

  • NI would issue an invoice inclusive of Value Added Tax calculated at the rate permissible under the PRC Tax Law or applicable regulations/directives based on the date of invoice.

  • The Company Representor has taken all reasonable steps to comply with, and to cause their shareholder to comply with, any applicable rules and regulations of the PRC Tax authority, including taking reasonable steps to require their members to complete any registration and other procedures required under applicable rules and regulations of the PRC Tax authority.

  • In respect of any presence of a Group Company in the PRC, (i) all loss carry-forwards are valid and available under PRC Tax law to offset future taxable profits; and (ii) Tax registrations have been completed in all applicable locations in the PRC.


More Definitions of PRC Tax

PRC Tax means Tax imposed, levied, collected, withheld, assessed or enforced by any local, municipal, regional, urban, governmental, state, federal or other body or authority in the PRC.
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Related to PRC Tax

  • input tax , in relation to a vendor, means—

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

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

  • Tax or “Taxes” means any federal, state, local or foreign income, gross receipts, property, sales, use, license, excise, franchise, employment, payroll, withholding, alternative or add on minimum, ad valorem, transfer or excise tax, or any other tax, custom, duty, governmental fee or other like assessment or charge of any kind whatsoever, together with any interest or penalty, imposed by any Governmental Entity.

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

  • Income Tax means any federal, state, local or foreign Tax (a) based upon, measured by or calculated with respect to net income, profits or receipts (including, without limitation, capital gains Taxes and minimum Taxes) or (b) based upon, measured by or calculated with respect to multiple bases (including, without limitation, corporate franchise taxes) if one or more of the bases on which such Tax may be based, measured by or calculated with respect to, is described in clause (a), in each case together with any interest, penalties, or additions to such Tax.

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession, or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property, and (b) is complementary to a sales tax.

  • Other Tax means any Federal Other Tax, State Other Tax, or Foreign Other Tax.

  • Relevant Tax means any present or future taxes, duties, assessments or governmental charges of whatever nature, imposed or levied by or on behalf of any Relevant Jurisdiction or any authority therein or thereof having the power to tax.

  • Transfer Tax means any transfer, recording, registration and other fees and any similar taxes that become payable in connection with the Transactions (together with any related interest, penalties or additions to such taxes).

  • Special Tax means the special tax to be levied in each Fiscal Year on each Assessor’s Parcel of Taxable Property to fund the Special Tax Requirement.

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

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Additional Tax means in addition to Restaurant Tax. (C) “Additional Tax” means in addition to Commercial Lease. Review each City/Town for tax on Food for Home Consumption. (B) If you report under Hotel (Business code 044), this city has an Additional Hotel tax rate that must be applied and reported (Business Code 144). (D) Report amount due on materials purchased exempt from tax and incorporated into a Maintenance, Repair, Replacement or Alteration (MRRA) project. (E) When reporting for Short Term Motor Vehicle you must report Business Code 214 and 114 for this City.

  • FATCA Withholding Tax means any withholding or deduction required pursuant to FATCA.

  • Relevant Tax Authority means HMRC, or, if applicable, the tax authority in the jurisdiction in which the Supplier is established;

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

  • VAT means Value Added Tax

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

  • Specific local tax means a tax levied under 1974 PA 198, MCL 207.551 to 207.572, the commercial redevelopment act, 1978 PA 255, MCL 207.651 to 207.668, the technology park development act, 1984 PA 385, MCL 207.701 to 207.718, and 1953 PA 189, MCL 211.181 to 211.182. The initial assessed value or current assessed value of property subject to a specific local tax shall be the quotient of the specific local tax paid divided by the ad valorem millage rate. However, after 1993, the state tax commission shall prescribe the method for calculating the initial assessed value and current assessed value of property for which a specific local tax was paid in lieu of a property tax.

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

  • Applicable Taxes means the Goods and Services Tax (GST), the Harmonized Sales Tax (HST), and any provincial tax, by law, payable by Canada such as, the Quebec Sales Tax (QST) as of April 1, 2013.

  • Applicable Tax means any tax applicable in the jurisdiction of the Work;

  • 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.

  • 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.

  • 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.