PRC Tax Authority definition

PRC Tax Authority means any taxing, fiscal or other authority in the PRC, including the State Administration of Taxation of the PRC and its local Tax bureaus.
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PRC Tax Authority means the State Administration of Tax and any tax authority at the provincial (autonomous regions, municipality directly under the national government) level, at the prefecture (city divided into districts, autonomous prefecture, league) level, and at the county (city, banner) level in the PRC.
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PRC Tax Authority means the relevant tax authority in the People’s Republic of China;
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Examples of PRC Tax Authority in a sentence

  • The Company shall respectively report the repurchase of Qualcomm Repurchased Shares and Founder Holdcos Repurchased Shares contemplated hereunder to the relevant PRC Tax Authority.

  • If any PRC Tax Authority makes any formal or informal request to the Buyer or any of its Affiliates for PRC Tax under Bulletin 7 to be paid in respect of any transaction undertaken pursuant to the pre-Closing restructuring of the Business or any transaction contemplated by this Agreement, such request, whether or not in writing, shall be a Tax Claim.

  • CH Seller shall file (or cause to be filed) such Public Notice 7 Filing and, as soon as reasonably practicable after making such filing, shall provide Buyer with a copy of the acknowledgment receipt stamped or other evidence to the extent available, if any, including accurate descriptions of any oral or other communication with such relevant PRC Tax Authority that such Public Notice 7 Filing has been duly made.

  • The Sellers shall provide Purchaser with a copy of their written submission to the relevant PRC Tax Authority evidencing the submission of the Bulletin 7 Tax Report as soon as reasonably practicable after the relevant submission has been made.

  • The Seller shall respond as soon as reasonably practicable to any inquiry from any PRC Tax Authority relating to the assessment of PRC Withholding Taxes.

  • In the event the relevant PRC Tax Authority issues an acknowledgement or receipt in respect of the Sellers’ submission of the Bulletin 7 Tax Report, the Sellers shall provide Purchaser with a copy of such acknowledgement or receipt as soon as reasonably practicable after the Sellers’ receipt thereof.

  • To the extent that any VIE Shareholder is determined by the relevant PRC Tax Authority to be required by applicable Law to pay Taxes in connection with the transactions contemplated by the Equity Transfer Agreements, the Founder Shareholders (and not the Company or the WFOE) shall be fully responsible for such Taxes.

  • Prior to reporting to the relevant PRC Tax Authority, the Sellers shall provide the draft Bulletin 7 Tax Report and other reasonable documentation related thereto to Purchaser for Purchaser’s review and comment no later than ten (10) days prior to filing the Bulletin 7 Tax Report.


More Definitions of PRC Tax Authority

PRC Tax Authority means the PRC tax authority competent to impose, assess or enforce the tax liabilities in connection with the repurchase contemplated hereunder.
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PRC Tax Authority means the State Administration of Tax and any tax authority at the provincial (autonomous regions, municipality directly under the national government) level, at the prefecture (city divided into districts, autonomous prefecture, league) level, and at the county (city, banner) level in the PRC. “Pre-Closing Restructuring” has the meaning set forth in the Recitals. “Pre-Closing Tax Period” means any taxable period ending on or prior to the Closing Date. “Press Release” has the meaning set forth in Section 6.8. “Privileged Communications” has the meaning set forth in Section 7.13(a). “Public Notice 7” means Public Notice 2015 No. 7 issued by the PRC State Administration of Taxation on February 3, 2015, titled “Public Notice of the State Administration of Taxation Regarding Certain Corporate Income Tax Matters on Indirect Transfer of Properties by Non-Tax Resident Enterprises” (关于非居民企业间接转让财产企业所得税若干问题的公告), as amended. “Public Notice 7 Filing” has the meaning set forth in Section 6.6(g)(i). “Purchase Price” has the meaning set forth in Section 2.1(a). “Purchased Interests” has the meaning set forth in the Recitals. “R&W Insurance Policy” has the meaning set forth in Section 6.7. “R&W Insurer” has the meaning set forth in Section 6.7. “Real Property Leases” has the meaning set forth in Section 3.11(b). “Reference Time” means 12:01 a.m. eastern time on the Closing Date.
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Related to PRC Tax Authority

  • Tax Authority means, with respect to any Tax, the governmental entity or political subdivision, agency, commission or authority thereof that imposes such Tax, and the agency, commission or authority (if any) charged with the assessment, determination or collection of such Tax for such entity or subdivision.

  • Taxing Authority means any domestic, federal, national, state, county or municipal or other local government, any subdivision, agency, commission or authority thereof, or any quasi-governmental body exercising any taxing authority or any other authority exercising Tax regulatory authority.

  • Tax Authorities means Hong Kong or foreign tax, revenue or monetary authorities.

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

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Taxing Authorities means Her Majesty the Queen in right of Canada, Her Majesty the Queen in right of any province or territory of Canada, any municipality of Canada, the Canada Revenue Agency, the Canada Border Services Agency, any similar revenue or taxing authority of Canada and each and every province or territory of Canada (including Revenu Québec) and any political subdivision thereof and any Canadian or foreign government, regulatory authority, government department, agency, commission, bureau, minister, court, tribunal or body or regulation making entity exercising taxing authority or power, and “Taxing Authority” means any one of the Taxing Authorities;

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Audit means any audit, assessment, or other examination relating to Taxes by any Tax Authority or any judicial or administrative proceedings relating to Taxes.

  • Tax Law means the law of any governmental entity or political subdivision thereof, and any controlling judicial or administrative interpretations of such law, relating to any Tax.

  • 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.

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

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

  • Governmental Body means any government or governmental or regulatory body thereof, or political subdivision thereof, whether federal, state, local or foreign, or any agency, instrumentality or authority thereof, or any court or arbitrator (public or private).

  • Government Authority means any relevant administrative, judicial, executive, legislative or other governmental or intergovernmental entity, department, agency, commission, board, bureau or court, and any other regulatory or self-regulatory organizations, in any country or jurisdiction.

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

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