Tax Demand definition

Tax Demand means any notice, demand, assessment, letter or other document issued (or any return or other document prepared or to be prepared by or on behalf of any Group Company) or other action taken by or on behalf of any person including a Tax Authority indicating that any Group Company or the Buyer has or may have, or will in the future have, a Tax Liability and in respect of which a Tax Claim may be made;
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Tax Demand means any Tax Claim under which demand for payment of Tax is made on or adjustment of any Tax refunds claimed by a Person and outstanding as on date of such Tax Claim is demanded from, a Person by any taxing authority (or any combination of the foregoing).
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Tax Demand means any:
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Examples of Tax Demand in a sentence

  • The Collection Fund Adjustment Account records the difference between the amount of council tax income included in the Comprehensive Income and Expenditure Statement and the amount required to be credited to the General Fund by regulation – the Council Tax Demand.

  • SAMO shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of SAMO.9. Payments made by CWC to SAMO would be subject to Tax Deduction at Source as per the relevant provisions of the Income Tax Act, 1961 and the rules made thereunder.

  • SAMO shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of SAMO or any cess or levy by any authority in connection with their operations.

  • Please let us have your passport or driving licence and a recent gas, electricity, telephone bill, mortgage statement or Council Tax Demand which is not more than 3 months old.

  • SAMO shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of SAMO or any cess or levy by any authority in connection with its operations.

  • Bidder shall be liable to indemnify CWC for any Tax Demand and interest and/or penalty thereon arising due to negligence/fault of Bidder or any cess or levy by any authority in connection with their operations.

  • Tax Demand Note issued by Inland Revenue Department; if not available2.

  • Income Tax Demand for the Assessment Year 2010-11-Rs.4,56,25, 170/- Income Tax Penalty Demand for the Assessment Year 2007-08 Rs.7,38,960/- Income Tax Demand for the Assessment Year 2007-08 Rs.2,17,260/-The liability on account of non compliance of any of the statutory requirements under any law, to the extent applicable is not ascertainable.

  • The following additional obligations apply in respect of Claims arising from or involving a Tax Demand.

  • As evidence of your address, we need to see one of the following: latest gas, electricity or telephone bill, Council Tax Demand, Mortgage Statement or Bank, Building Society or Credit Card statement.


More Definitions of Tax Demand

Tax Demand means any claim, assessment, self-assessment, notice, demand, letter or other document issued or any action taken by or on behalf of any Tax Authority or by EIPRL whether before or after the date of this Agreement from which it appears that EIPRL is subject to, or is sought to be made subject to, or might become subject to, any Tax Liability or is denied or is sought to be denied any Relief;
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Tax Demand means (in any jurisdiction): any assessment, notice, letter, determination, demand or other document issued by or on behalf of any Taxation Authority and whether issued or made before or after the date of this Agreement and whether satisfied or not at the date of this Agreement; and any return, amended return, computation, accounts or any other documents required for the purposes of Tax, in any case, from which it appears that: (i) a Tax Liability has been, or may be, imposed on any of the Group Companies; or (ii) an increased or a further payment to a Taxation Authority is required to be made by any of the Group Companies; or (iii) any of the Group Companies is denied or is sought to be denied a Relief;
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Tax Demand means any assessment (including a self-assessment), notice, demand, letter or other communication or document issued or action taken by or on behalf of any Tax Authority or the submission of any relevant computation, notice, consent or other document by or on behalf of the Company from which (in either case) it appears that a Tax liability is to be, or may come to be, imposed on the Company and which may give rise to a Tax Claim which could give rise to a liability for a Seller (whether or not the same may be the primary liability of the Company and whether or not it may be entitled to claim reimbursement from any other person or persons); and
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Tax Demand has the meaning given in paragraph 1 of Part 1 of Schedule 5;
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Tax Demand has the meaning given to it in clause 5.6(b). Taxing Authority any Governmental Authority having jurisdiction over the assessment, determination, collection, administration or imposition of any Tax.
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Related to Tax Demand

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Billing Demand means the metered demand or connected load after necessary adjustments have been made for power factor, intermittent rating, transformer losses and minimum billing. A measurement in kiloWatts (kW) of the maximum rate at which electricity is consumed during a billing period;

  • on demand means a system where a user, subscriber or viewer is enabled to access, at a time chosen by such user, any content in electronic form, which is transmitted over a computer resource and is selected by the user;

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • daily firm demand means the peak aggregate daily demand for gas by the Licensee's consumers from time to time which might reasonably be expected after the Licensee had interrupted or reduced the supply of gas toeach consumer to the extent that (otherwise than

  • Demand has the meaning set forth in Section 2.1(a).

  • Indemnified Taxes means Taxes other than Excluded Taxes.

  • Indemnified Tax means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of a Credit Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes.

  • Tax Deduction means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

  • Tax Indemnitee as defined in Section 3.01(5).

  • Expense Advance means a payment to Indemnitee pursuant to Section 3 of Expenses in advance of the settlement of or final judgement in any action, suit, proceeding or alternative dispute resolution mechanism, hearing, inquiry or investigation which constitutes a Claim.

  • Tax Advance has the meaning set forth in Section 6.02(a).

  • Tax Amount has the meaning set forth in Section 4.01(b)(i).

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).

  • Batch Load Demand Resource means a Demand Resource that has a cyclical production process such that at most times during the process it is consuming energy, but at consistent regular intervals, ordinarily for periods of less than ten minutes, it reduces its consumption of energy for its production processes to minimal or zero megawatts.

  • Tax Action means (a) an amendment to, change in or announced proposed change in the laws (or any regulations thereunder) of the United States or any political subdivision or taxing authority thereof or therein, (b) a judicial decision interpreting, applying or clarifying such laws or regulations, (c) an administrative pronouncement or action that represents an official position (including a clarification of an official position) of the governmental authority or regulatory body making such administrative pronouncement or taking such action, or (d) a threatened challenge asserted in connection with an audit of the Company or any of its subsidiaries, the Partnership, or the Trust, or a threatened challenge asserted in writing against any other taxpayer that has raised capital through the issuance of securities that are substantially similar to the Debentures, the Partnership Preferred Securities, or the Trust Preferred Securities, which amendment or change is adopted or which decision, pronouncement or proposed change is announced or which action, clarification or challenge occurs on or after the date of the prospectus related to the issuance of the Trust Preferred Securities. "10% in liquidation amount of the Trust Securities" means, except as provided in the terms of the Trust Preferred Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Trust Preferred Securities or Holders of outstanding Trust Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount of all outstanding Trust Securities of the relevant class.

  • Claims Notice has the meaning set forth in Section 9.3(a).

  • Tax Detriment means an increase in the Tax liability (or reduction in refund or credit or item of deduction or expense) of a taxpayer (or of the Affiliated Group of which it is a member) for any taxable period.

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).

  • Indemnity Notice shall have the meaning specified in Section 9.3(b).

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Contract Demand means:-

  • Maximum Demand means the greatest demand required by a customer during a specific length of time.

  • 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, other than a FATCA Deduction.

  • Notice of assessment means a written notice by the division, based on a citation, that the employer must pay the amount of wages, penalties, or fines assessed.