Examples of Tax Note in a sentence
Income received, otherwise than on transfer, in respect of units of a mutual fund would be exempt from tax under Section 10(35) of the Act.• Capital Gains Tax Note: Period of holding for short term capital asset in respect of units of equity oriented mutual fund schemes is less than or equal to 12 months and in case of other than equity oriented mutual fund units, it is less than or equal to 36 months.
The purpose of the Severance Tax Note Program is to make funds in the Severance Tax Bonding Fund that are not needed to fund long-term Severance Tax and Supplemental Severance Tax Bonds available for cash funding of capital projects.
The Tax Note shall be pre-payable at any time and mature no later than five years from the date any funds were first advanced to the Executive under this Section 8(c).
Upon the occurrence of an Event of Default, the outstanding balance of this Tax Note and any accrued but unpaid Interest thereon shall become immediately due and payable at the option of the Payee.
Withholding Tax [Note: If the Territory Agreement is between UCI Italia and an Italian supplier, this withholding tax clause can be removed.