Tax Owner definition

Tax Owner means the Person who was considered as the owner of any of the Company’s Subsidiaries during any period in which such Subsidiary was an entity disregarded as separate from its owner for federal Tax purposes pursuant to Treasury Regulations Section 301.7701-3 or Section 1361(b)(3) of the Code (or similar provisions of other Tax law).
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Tax Owner means in connection with a Master Exchange Program or a Like Kind Exchange, Daimler North America or any entity with respect to which, for U.S. federal and applicable State income tax purposes, DCFS USA or the Titling Trust is disregarded and such entity is considered the owner of the related Vehicle.
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Tax Owner means any Person who is an owner of a Unit for federal income tax purposes, taking into account the provisions of Treasury Regulation Section 1.7704-1(h).
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Examples of Tax Owner in a sentence

  • It is the intention of the parties hereto that the preceding sentence shall satisfy the requirements of Section 1.1031(k)-1(g)(4) of the Treasury Regulations with respect to prohibiting the Tax Owner from having the right to receive, pledge, borrow or otherwise obtain the benefits of money or other property held in such other accounts.

  • The undersigned (or its Tax Owner) has furnished the Agent and the Borrower with a certificate of its non-U.S. person status on Internal Revenue Service Form W-8BEN.

  • Only the member (Tax Owner Signator) of the account can completely close the membership share account by withdrawing the par value membership share of $5.00 on deposit in the Membership Share Account.

  • Registration, Licensure and Tax: Owner, at Owner’s expense, shall register the Property with the County Assessor and, if residing 106.

  • Within sixty (60) days after payment by Owner of a Property Tax, Owner shall deliver to the City Parties reasonable evidence of the payment thereof.

  • Because BRE/Prime Mezz 2 L.L.C., a Delaware limited liability company (“Transferor”), is a disregarded entity the assets of which are treated for federal income tax purposes as indirectly owned by WIH Hotels L.L.C., a Delaware limited liability company (“Tax Owner”), Tax Owner is the transferor of the property for U.S. tax purposes.

  • Notwithstanding the foregoing, the Independent Directors shall not be empowered to effect such exchange at any time after any Person (other than an Exempt Person), together with all Affiliates and Associates of such Person, becomes the Tax Owner or Beneficial Owner of 50% or more of the shares of Common Stock of the Company.

  • For the avoidance of doubt, as of the Closing Date and for as long as any Notes are outstanding, it is the intention that the Issuer be treated, directly or indirectly, an entity disregarded from a U.S. organized entity taxable as a corporation (Tax Owner) for U.S. federal tax purposes, and none of the foregoing persons shall take any action that would result in the Issuer being classified as a partnership or as an association taxable as a corporation for U.S. Federal tax purposes.

  • Rather, a property’s Tax Owner is the person or entity that bears the benefits and burdens of ownership as an economic matter.

  • Complete the entire Form 8858, but do not complete the separate Schedule M (Form 8858), Transactions Between Foreign Disregarded Entity of a Foreign Tax Owner and the Filer or Other Related Entities.


More Definitions of Tax Owner

Tax Owner means, with respect to any Person that is classified as an entity disregarded from its sole regarded owner for U.S. federal Income Tax purposes, such regarded owner.
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Tax Owner has the meaning set forth in Section 6.5(f).
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Tax Owner means the Investor unless the Investor is a Disregarded Entity or is holding the Interest as a nominee or other agent for another person. If the Investor is a Disregarded Entity, the Tax Owner is the owner of the Disregarded Entity, and if the Investor is holding the Interest as a nominee or other agent for another person, the Tax Owner is the beneficial owner of the Interest, provided that, if necessary, the foregoing provision will be applied successively so as to identify the first person in the chain of ownership that is neither a Disregarded Entity nor a person that is holding the Interests as a nominee or other agent for another person.
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Tax Owner means any Person required to include the Company’s items of income, gain, loss, deductions and credits on its Tax Returns.
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Related to Tax Owner

  • Co-Owner means a Person who owns an Ownership Interest and a Co-Owner of a Series means a Person who owns an Ownership Interest of the Series.

  • Unit owner means the declarant or other person who owns a unit, or a lessee of a unit in a leasehold common interest community whose lease expires simultaneously with any lease, the expiration or termination of which will remove the unit from the common interest community but does not include a person having an interest in a unit solely as security for an obligation. In a condominium or planned community, the declarant is the owner of any unit created by the declaration until that unit is conveyed to another person, in a cooperative, the declarant is treated as the owner of any unit to which allocated interests have been allocated pursuant to section 38-33.3-207 until that unit has been conveyed to another person, who may or may not be a declarant under this article.

  • Participating Entity means a state (as well as the District of Columbia and US territories), city, county, district, other political subdivision of a State, or a nonprofit organization under the laws of some states properly authorized to enter into a Participating Addendum, that has executed a Participating Addendum.

  • New Owner means, collectively, the HDFC and the Company.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • Unitholder means a person holding units in the scheme of the Mutual Fund.

  • Unit Holder means a person holding units in the scheme of the Mutual Fund.

  • 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.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Permit Holder means the Person to whom a Building Permit has been issued.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • Over 10% Owner means an individual who at the time an Incentive Stock Option is granted owns Stock possessing more than 10% of the total combined voting power of the Company or one of its Subsidiaries, determined by applying the attribution rules of Code Section 424(d).

  • Individual Member means a registered, financial Member of the Club who is at least 18 years of age.

  • Economic Interest Owner means the owner of an Economic Interest who is not a Member.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).

  • Generator Owner means the Person that owns the Generating Facility and has registered with the NERC as the Person responsible for complying with all NERC Reliability Standards applicable to the owner of the Generating Facility.

  • Interest Holder means any Person who holds an Interest, whether as a Member or as an unadmitted assignee of a Member.

  • economic operator means any natural or legal person or public entity or group of such persons and/or entities, including any temporary association of undertakings, which offers the execution of works and/or a work, the supply of products or the provision of services on the market;

  • Use tax means a nonrecurring tax, other than a sales tax, which (a) is imposed on or with respect to the exercise or enjoyment of any right or power over tangible personal property incident to the ownership, possession or custody of that property or the leasing of that property from another including any consumption, keeping, retention, or other use of tangible personal property and (b) is complementary to a sales tax.

  • Service contract holder or "contract holder" means a person who is the purchaser or holder of a service contract.

  • Record owner means, as of any particular time, a record owner of Outstanding Shares of the Trust shown on the books of the Trust or any Portfolio or the Trust’s transfer agent as then issued and outstanding at such time;

  • 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.

  • Project Owner means the legal entity that ultimately owns the Project and to which Tax Credits will be allocated.

  • Working interest owner means a person or the estate of a person who owns an interest in oil and/or gas in the unit area by virtue of a lease, operating agreement, fee title, or otherwise, including a carried interest, the owner of which is obligated to pay, either in cash or out of production or otherwise a portion of the unit expense. “Working interest owner” does not include an unleased mineral owner.

  • Taxing entity means a public entity that: