Tax Control definition

Tax Control means the definition of “control” set forth in Section 368(c) of the Code (or in any successor statute or provision), as such definition may be amended from time to time.
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Tax Control means ownership of an amount of equity of a corporation that represents both (i) "control" of that corporation within the meaning of Section 368(c) of the Code and (ii) the "80-percent voting and value test" set forth in Section 1504(a)(2) of the Code.
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Tax Control means, with respect to PFSweb, ownership of PFSweb Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of PFSweb and (ii) each class and series of PFSweb Capital Stock other than Voting Stock of PFSweb.
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Examples of Tax Control in a sentence

  • Only new Taxpayer applicants are required to submit the Tax Control Framework Questionnaire (TCFQ) with the CAP application.

  • Furthermore, we can block access to Airwallet without notice if the Airwallet user does not provide Airwallet ApS with the information that Airwallet ApS is required to obtain from the Airwallet user under the law, for example under the Money Laundering Act (Hvidvaskloven) or the Tax Control Act (Skattekontrolloven).

  • Insession grants to TSAI, on the terms and conditions set forth in this Section 4.4, a continuing right (the "Insession Stock Option") to purchase from Insession, at the times set forth in this Section, such number of shares of Insession Common Stock as is necessary to allow TSAI to maintain Tax Control of Insession.

  • The parties agree that should the school employer become subject to Indiana Acts 1973, PL 45, sometimes referred to as the Control ▇▇▇▇, that this Contract would be subject to the Control ▇▇▇▇, and to possible action by the Tax Control Board or the State Tax Board altering the financial terms and conditions of this Contract.

  • Furthermore, the bank may terminate the customer relationship without notice if the customer does not provide the bank with the information which the bank is obliged to collect from the customer according to legislation, for instance the Danish Money Laundering Act or the Danish Tax Control Act.

  • Tax Control" means ownership of an amount of equity of a corporation that represents both (i) "control" of that corporation within the meaning of Section 368(c) of the Code and (ii) the "80-percent voting and value test" set forth in Section 1504(a)(2) of the Code.

  • The Taxpayer will complete the Tax Control Framework Questionnaire (TCFQ) if any significant changes are identified at the opening conference or at any other time during the CAP Year.

  • The Insession Stock Option may be exercised by TSAI for a number of shares equal to or less than the number of shares that are necessary for the TSAI to maintain Tax Control of Insession.

  • The Taxpayer will complete the Tax Control Framework Questionnaire (TCFQ) if any significant changes are identified at the opening conference or at any other time during the CAP year.

  • The Tax Control Notice delivered by Sellers’ Representative shall include a statement affirming the responsibility of the Sellers to indemnify the Buyers and the Company from and against any Losses relating to the applicable Tax Contest in accordance with the provisions of this Agreement and shall identify a reputable Tax counsel to be used by Sellers’ Representative (at the Sellers’ sole cost and expense) to control such Tax Contests.


More Definitions of Tax Control

Tax Control means, with respect to Delphi, ownership of Delphi Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of Delphi and (ii) each class and series of Delphi Capital Stock other than Voting Stock of Delphi.
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Tax Control as to ▇▇▇▇▇▇, means GM's direct ownership of at least eighty percent (80%) of both (i) Voting Stock and (ii) each class and series of ▇▇▇▇▇▇ Capital Stock other than Voting Stock and, as to any other corporation, shall have a correlative meaning that takes into account the principles of Section 368(c) of the Code.
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Tax Control means has the same meaning as in section 840 of the UK Income and Corporation Taxes Act 1988.
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Tax Control has the meaning given to "control" in Section 368(c) of the Code; and
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Tax Control means, with respect to CMC, ownership of CMC Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of CMC and (ii) each class and series of CMC Capital Stock other than Voting Stock of CMC.
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Tax Control means, with respect to PFSweb, ownership of PFSweb Capital Stock which constitutes at least 80% of both (i) the total combined voting power of all outstanding shares of Voting Stock of PFSweb and
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Related to Tax Control

  • Control means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto.

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Tax Confirmation means a confirmation by a Lender that the person beneficially entitled to interest payable to that Lender in respect of an advance under a Finance Document is either:

  • Change Control means the process set out in Section 2.6.

  • Internal control means the systems of control devised by management to ensure that the council’s objectives and management policies are achieved and adhered to in a manner that promotes the economy, efficiency and effectiveness on the use of resources, that financial and other records are reliable and complete and that the councils assets and interests are safeguarded;