Stock Transfer Tax definition

Stock Transfer Tax means any state, local, foreign or provincial Tax which is attributable to the transfer of Company Common Stock pursuant to this Agreement.
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Examples of Stock Transfer Tax in a sentence

  • UUP has been successful in a bill revision that dedicates 2.5% of bill revenue to SUNY and 2.5% to CUNY beginning in year three that will support academic programs at both institutions, as well as SUNY hospitals and overdue CUNY infrastructure.UUP urges the state to reinstate the state’s Stock Transfer Tax.

  • It is acknowledged and agreed that such taxes include, without limitation, any New York Stock Transfer Tax and New York Real Property Transfer Tax which may be due.

  • The SQM shall make observations about the above aspects during his inspection and report.

  • For such Shares, a New York State Stock Transfer Tax will be collected at the rate of 5(cent) per share of Class A Shares (not to exceed $350.00) unless the holder establishes that a lesser tax or no tax is payable or that any applicable tax previously had been duly collected.

  • Stock Transfer Tax None, if payment is made to the registered holder.

  • In addition to the aforementioned efficiencies and benefits for taxpayers provided by the Corporate Tax Reform Proposal, we request your consideration of the following recommendations, which whould provide greater administrative relief: Recommendations for Additional Efficiencies: 1) Eliminate the Stock Transfer Tax - The Stock Transfer Tax should be eliminated as it is redundant and unnecessary.

  • Furthermore, the Selling Shareholders shall be liable for (i) the 0.3% share transfer tax imposed by Taiwan on the sale of OIC Shares by the Selling Shareholders ("The Taiwan Stock Transfer Tax"); (ii) whatever costs and fees charged relating to the Taiwan Account for the wire transfer; and (iii) the Escrow Fees as described in Section 10.2.3 (c) below and in the Escrow Agreement (above (i), (ii), and (iii) collectively referred to as the "Sellers' Costs").

  • Schwabish, “The Stock Transfer Tax and New York City: Potential Employment Effects,” Partnership for New York City Issue Brief, December 2004.

  • Notwithstanding any provision in this Agreement to the contrary, Buyer shall be liable for and shall pay all transfer taxes arising out of or in connection with (a) the transactions contemplated by the Australian Transfer Agreement (the "Initial Transfer Tax") and (b) the purchase of the Compass Australia Common Shares from LLPMA by LPI Australia (the "Stock Transfer Tax").

  • TAF-49-97-00004-A Stock Transfer Tax - Formerly Subchapter G of Chapter III This rule amended Subchapter G of Chapter I of Title 20 NYCRR to simplify and update the Stock Transfer Tax Regulations.

Related to Stock Transfer Tax

  • Transfer Tax means all transfer, documentary, sales, use, stamp, registration, value added and other such Taxes and fees (including any penalties and interest) incurred in connection with the transactions contemplated under this Agreement.

  • Transfer Taxes has the meaning set forth in Section 6.05.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • All applicable Federal, State, and local taxes and duties means all taxes and duties, in effect on the contract date, that the taxing authority is imposing and collecting on the transactions or property covered by this contract.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Backup Annual Special Tax means the Special Tax of that name described in Section E.

  • 1031 TAX EXCHANGE The seller of this property may facilitate this sale by use of a 1031 Exchange, and the buyer agrees to sign additional 1031 Exchange documents if required. CONDITION OF PROPERTY: THE PURCHASER UNDERSTANDS THAT THE SELLER ACQUIRED THE PROPERTY BY FORECLOSURE, DEED-IN-LIEU OF FORECLOSURE, FORFEITURE, TAX SALE, RIGHT OF EMINENT DOMAIN OR SIMILAR PROCESS AND CONSEQUENTLY AND OR ANY OTHER WAY. THE SELLER HAS LITTLE OR NO DIRECT KNOWLEDGE CONCERNING THE CONDITION OF THE PROPERTY. XXXXX HAS HAD THE RIGHT TO INSPECT PROPERTY. THE PROPERTY IS SOLD AS IS, SUBJECT TO ANY AND ALL LOCAL GOVERMENT HOUSING CODE VIOLATIONS. AS A MATERIAL PART OF THE CONSIDERATION TO BE RECEIVED BY THE SELLER UNDER THIS AGREEMENT AS NEGOTIATED AND AGREED TO BY THE PURCHASER AND THE SELLER, THE PURCHASER ACKNOWLEDGES AND AGREES TO ACCEPT THE PROPERTY IN "AS IS" CONDITION AT THE TIME OF CLOSING, INCLUDING, WITHOUT LIMITATION, ANY HIDDEN DEFECTS OR ENVIRONMENTAL CONDITIONS AFFECTING THE PROPERTY, WHETHER KNOWN OR UNKNOWN WHETHER SUCH DEFECTS OR CONDITIONS WERE DISCOVERABLE THROUGH INSPECTION OR NOT. THE PURCHASER ACKNOWLEDGES THAT THE SELLER, ITS AGENTS AND REPRESENTATIVES HAVE NOT MADE AND THE SELLER SPECIFICALLY NEGATES AND DISCLAIMS ANY REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS, AGREEMENTS OR GUARANTEES, IMPLIED OR EXPRESS, ORAL OR WRITTEN IN RESPECT TO: (A) THE PHYSICAL CONDITION OR ANY OTHER ASPECT OF THE PROPERTY INCLUDING THE STRUCTURAL INTEGRITY OR THE QUALITY OR CHARACTER OF MATERIALS USED IN CONSTRUCTION OF ANY IMPROVEMENTS, AVAILABILITY AND QUANTITY OR QUALITY OF WATER, STABILITY OF THE SOIL, SUSCEPTIBILITY TO LANDSLIDE OR FLOODING, SUFFICIENCY OF DRAINAGE, WATER LEAKS, WATER DAMAGE, MOLD OR ANY OTHER MATTER AFFECTING THE STABILITY, INTEGRITY, OR CONDITION OF THE PROPERTY OR IMPROVEMENTS;

  • Combined state and local revenue per membership pupil means the district’s combined state and local revenue divided by the district’s membership excluding special education pupils.

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Virginia venture capital account means an investment fund that has been certified by the

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Estimated Merger Consideration shall have the meaning set forth in Section 2.10(a).

  • taxable trading means carrying on a trade or business for the principal purpose of raising funds and not for the purpose of actually carrying out the Objects, the profits of which are subject to corporation tax;

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Swiss Federal Tax Administration means the tax authorities referred to in article 34 of the Swiss Withholding Tax Act.

  • Closing Payment has the meaning set forth in Section 2.2.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Cash Merger Consideration has the meaning set forth in Section 2.9(a).

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Closing Merger Consideration has the meaning set forth in Section 3.2(a)(ii).

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.

  • Exchange Agent Agreement has the meaning set forth in Section 2.5(a).

  • Assumed State and Local Tax Rate means the tax rate equal to the sum of the products of (x) the Corporation’s income tax apportionment factor for each state and local jurisdiction in which the Corporation files income or franchise tax returns for the relevant Taxable Year and (y) the highest corporate income and franchise tax rate in effect for such Taxable Year for each such state and local jurisdiction in which the Corporation files income tax returns for each relevant Taxable Year.