Tax Exempt Shareholder definition

Tax Exempt Shareholder means a Shareholder that is generally exempt from tax under Part I of the Tax Act;
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Tax Exempt Shareholder means a holder of ACI Common Shares that is generally exempt from tax under Part I of the Canadian Tax Act by virtue of subsection 149(1) of the Canadian Tax Act;
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Tax Exempt Shareholder means a Shareholder that is exempt from tax under Part I of the Tax Act;
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Examples of Tax Exempt Shareholder in a sentence

  • Any such Non-Resident Shareholder, Tax- Exempt Shareholder or Employee Shareholder who elects to receive Exchangeable Shares will be deemed to have elected to receive only Trust Units on completion of the Arrangement.

  • In addition, even if SFRE is a CFC (as defined below), in general, any earnings and profits of SFRE that are deemed to be distributed under the rules for 10% Holders (defined below) in a CFC should not be treated as UBTI (except in the case of certain insurance income), unless the U.S. Tax- Exempt Shareholder incurs debt to finance its purchase of Shares.

  • The financial performance of the Group is communicated to the public via its quarterly report to the KLSE.


More Definitions of Tax Exempt Shareholder

Tax Exempt Shareholder means a Maple Shareholder or a Holdco Shareholder that is exempt from Tax under Part I of the Tax Act;
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Tax Exempt Shareholder means a holder of Common Shares that is exempt from tax under Part I of the Tax Act; "Trust" means Baytex Energy Trust, a trust established under the laws of Alberta pursuant to the Trust Indenture;
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Tax Exempt Shareholder. ’ means any BC TELECOM Common Shareholder or TELUS Common Shareholder, as the case may be, (other than a Non-Resident Shareholder) that is exempt from tax under Part I of the Tax Act;
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Tax Exempt Shareholder means a holder of Common Shares that is exempt from tax under Part I of the Tax Act;
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Tax Exempt Shareholder means a Storm Shareholder that is exempt from tax under Part I of the Tax Act;
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Tax Exempt Shareholder means a Shareholder that is generally exempt from tax under Part I of the Tax Act; "Tax Proposals" has the meaning ascribed thereto under "Certain Canadian Federal Income Tax Considerations"; "Taxation Year" means the taxation year of the REIT for the purposes of the Tax Act;
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Related to Tax Exempt Shareholder

  • Tax Exempt Person means a person who is exempt from tax under Part I of the Tax Act.

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • Company Shareholder means any holder of any Company Shares.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • 10% Shareholder means a person who owns, directly or indirectly, stock possessing more than 10% of the total combined voting power of all classes of stock of the Company or any Parent or Subsidiary of the Company. Indirect ownership of stock shall be determined in accordance with Code Section 424(d).

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Ordinary Shareholder means a holder of ordinary shares;

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Tax-Exempt means with respect to interest on any obligations of a state or local government, including the Bonds, that such interest is excluded from gross income for federal income tax purposes; provided, however, that such interest may be includable as an item of tax preference or otherwise includable directly or indirectly for purposes of calculating other tax liabilities, including any alternative minimum tax or environmental tax, under the Code.

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • Controlling Shareholder means any shareholder owning more than fifty

  • Company Stockholder means the holder of either a share of Company Common Stock or a share of Company Preferred Stock.

  • Tax-Exempt Organization means a "governmental unit," as such term is used in Sections 141 and 148 of the Code.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Record shareholder means the person in whose name shares are registered in the records of a corporation or the beneficial owner of shares to the extent of the rights granted by a nominee certificate on file with a corporation.

  • 10% Stockholder means the owner of stock (as determined under Code Section 424(d)) possessing more than ten percent (10%) of the total combined voting power of all classes of stock of the Corporation (or any Parent or Subsidiary).

  • Eligible Shareholder means an existing or new investor of the Company that is eligible at the ACD’s discretion to invest in the Class X Shares upon entering into an agreement with the ACD and fulfilling the eligibility conditions set by the ACD from time to time.

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Common Stockholder means the employee of, consultant to, or director of the Company or other person to whom shares of Common Stock are issued pursuant to this Plan.

  • Substantial Stockholder means any Participant who at the time of grant owns directly or is deemed to own by reason of the attribution rules set forth in Section 424(d) of the Code, Shares possessing more than 10% of the total combined voting power of all classes of stock of HSI.

  • Rollover Shareholders means each of Expert Master Holdings Limited, Mr. Longhua Piao and UMW China Ventures (L) Ltd.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;