Stamp Tax Law definition

Stamp Tax Law means Decree Law number three thousand four hundred and seventy- five, of nineteen eighty, on stamp and seal tax, published in the Official Gazette on September fourth, nineteen eighty, and any subsequent amendments.
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Stamp Tax Law shall refer to the Decree Law No. 3475/1980 governing stamp taxes published in the Official Gazette on September 4, 1980 as amended. “Applicable Margin” shall refer to: /i/ for Disbursements made during the First Availability Period and during the Second Availability Period, 2.7% per annum; and /ii/ for the Disbursement made during the Third Availability Period, the percentage to be agreed upon between Creditor and Debtor prior to Disbursement and which shall be stated in the Promissory Note evidencing the same. “Committed Amount” shall refer to the loan agreed to be granted by Itaú Nassau to Debtor under this Agreement for the maximum aggregate amount of up to US$ 1,200,000,000 as principal, in three availability tranches, the first of them for up to US$920,000,000 as principal during the First Availability Period and the remaining availability tranches /in the aggregate/ up to US$ 280,000,000 as principal during the Second Availability Period and during the Third Availability Period. In any case, this Committed Amount shall decrease each time the Creditor acquires any of the Acquirable Loans, thus decreasing the Committed Amount by an amount equal to the price paid by the Creditor to the assignee of the respective loan. “Obligations” shall refer to all Debtor’s obligations to Creditor under this Agreement, the Promissory Notes, the Assignment Agreements and any other Credit Documents. “Promissory Notes” shall refer to the promissory notes and extension sheets thereof, to be issued by Debtor under this Agreement to the order of Creditor, in the extension thereto, entered into by the Borrower in connection with this Agreement in the form attached hereto as EXHIBIT “J” which is notarized under the same repertoire number as this public deed, which is made a part hereof to all legal and contractual effects. “Prepayments” shall refer to the
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Stamp Tax Law means Decree Law 3,475 on Stamp Tax, as amended from time to time.
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Examples of Stamp Tax Law in a sentence

  • In April 2003 a statement of claim was filed in the Tel Aviv District Court against a subsidiary of Harel Insurance and against three additional insurance companies, to which an application to approve it as a class action was attached.The subject of the claim and the application to approve it as a class action is the allegation that over the year Harel Insurance illegally collected from its insured stamp tax paid on insurance agreements by virtue of the Stamp Tax Law on Documents – 1961.

  • If the stamp tax is not paid when due, Chile's Stamp Tax Law imposes a penalty of three times the amount of the tax plus inflation adjustments and interest.

  • Stamp tax is regulated under Stamp Tax Law numbered 488 and dated July 1, 1964 (the “Stamp Tax Law”).

  • The Ministry of Finance has issued a Circular (numbered DV-4/2004-3 and dated 12.01.2004) that clarifies the rules set out in the Article IV-23 of the Table 2 appended to the Stamp Tax Law regarding the stamp tax exemption on credits to be borrowed from banks, foreign credit institutions and international organizations.

  • Tax PayerAccording to Article 3 of the Stamp Tax Law, parties of an agree- ment are liable for the payment of stamp tax, as a tax payer26.

  • As per the Article IV-3 of the Table 1 appended to the Stamp Tax Law.

  • The Regional Water Board, in a public hearing on December 8, 2022, heard and considered all comments pertaining to this renewed Order.

  • When considering Article 5 in conjunction with Article 14 of Stamp Tax Law; the conclusion is that even though every counterpart shall be subject to taxation apart from each other, total stamp tax amount calculated for all counterparts cannot exceed the maximum payable tax amount determined in accordance with the article 14”; İçtihat Bilgi Bankası, Kazancı Bilişim, available at http://www.kazanci.com.tr (last visited 19.02.2012).

  • Pursuant to Article 1 and Table 1 of the Stamp Tax Law No. 4881 (the “Stamp Tax Law”), all documents related to contracts which include a monetary amount shall be subject to stamp tax except for those listed in Article 9 and Table 2 of the Stamp Tax Law or other provisions of laws which provide specific exemptions.

  • Besides, in accordance with the General Communiqué on the Stamp Tax Law (Serial No.20) and the General Communiqué on the Stamp Tax Law (Serial No. 43), joint stock companies are obliged to keep stamp tax book and enter the documents subject to stamp tax in such books chronologically.Stamp tax cannot be imposed after the end of the fifth year, as from the following year in which the document is issued.

Related to Stamp Tax Law

  • Stamp Tax means any stamp, registration, documentation or similar tax.

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

  • Relevant Tax Jurisdiction means Luxembourg, or another jurisdiction in which the Issuer or a Guarantor, if any, or a successor of any of them, is organized, is resident or engaged in business for tax purposes or through which payments are made on or in connection with the Notes (or Guarantees).

  • Value Added Taxes means such sum as shall be levied upon amounts payable to the Consultant under this Contract by any Governmental Authority that is computed as a percentage of the amounts payable to the Consultant (including all other Taxes but excluding Value Added Taxes), and includes the HST, and any similar tax, the payment or collection of which, by the legislation imposing such tax, is an obligation of the Consultant.

  • Tax Jurisdiction means Iceland or any political subdivision or any authority thereof or therein having power to tax; and

  • Non-Stepped Up Tax Basis means, with respect to any Reference Asset at any time, the Tax basis that such asset would have had at such time if no Basis Adjustments had been made.

  • 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.

  • VAT means Value Added Tax

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

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

  • FATCA FFI means a foreign financial institution as defined in section 1471(d)(4) of the Code which, if any Finance Party is not a FATCA Exempt Party, could be required to make a FATCA Deduction.

  • Credit Support Document means any agreement or instrument that is specified as such in this Agreement.

  • Relevant Taxing Jurisdiction shall have the meaning specified in Section 4.07(a).

  • Attorneys’ Fees and Expenses means such funds as may be awarded to Class Counsel by the Court to compensate them (and all other attorneys for Plaintiff or the Settlement Class) for their fees and all expenses incurred by Plaintiff or Class Counsel in connection with the Litigation.

  • attorney-at-law means an attorney-at-law, a legal practitioner or advocate duly admitted to practise law in the courts of a Contracting Party;

  • UK Tax Deduction means a deduction or withholding for, or on account of, Tax imposed by the United Kingdom from a payment under a Loan Document.

  • domestic politically exposed person means a natural person who is or has been entrusted domestically with prominent public functions;

  • Stamp shall have the meaning assigned to such term in Section 3.4.

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

  • Excluded Tax means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld or deducted from a payment to a Recipient (a) Taxes imposed on or measured by net income (however denominated, and including branch profits taxes) and franchise taxes, in each case (i) imposed as a result of such Recipient being organized under the Laws of, or having its principal office or, in the case of any Lender, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) imposed on any Recipient as a result of a present or former connection between such Recipient and the jurisdiction of the Governmental Authority imposing such Tax or any political subdivision or taxing authority thereof or therein (other than such connection arising from any such Recipient having executed, delivered, become a party to, performed its obligations or received a payment under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced, any Credit Document, or sold or assigned an interest in any Credit Document or Loan); (b) in the case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a Law in effect on the date on which such Lender (i) acquires such interest in the Loan or Commitment or otherwise becomes a party to this Agreement (other than pursuant to an assignment request by the Borrower under Section 2.23) or (ii) changes its lending office, except in each case, to the extent that, pursuant to Section 2.20, amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its lending office; (c) Taxes that are attributable to the failure by any Recipient to deliver the documentation required to be delivered pursuant to Section 2.20(f) or Section 2.20(g); and (d) Taxes imposed under FATCA.

  • Legal Costs of a person means legal costs incurred by that person in defending an action for a Liability of that person.

  • After-Tax Basis means, with respect to any payment due to any Person, the amount of such payment supplemented by a further payment or payments so that the sum of all such payments, after reduction for all Taxes payable by such Person by reason of the receipt or accrual of such payments, shall be equal to the payment due to such Person.

  • Permitted Tax Restructuring means any reorganizations and other activities related to Tax planning and reorganization entered into prior to, on or after the date hereof (including the Transactions) so long as such Permitted Tax Restructuring is not adverse to the Lenders in any material respect (as reasonably determined by the Borrower in good faith); provided that the Transactions shall not be considered adverse to the Lenders, in any material respect.

  • Tribunal means any state, commonwealth, federal, foreign, territorial, or other court or government body, subdivision agency, department, commission, board, bureau or instrumentality of a governmental body.