Tax Provisions definition

Tax Provisions is defined in Section 5.05.
Tax Provisions means, for any Fiscal Period, the sum of (a) the provision for taxes based on income or profits which were deducted from gross income in the computation of net income, plus (b) without duplication, the cash amount of any such taxes paid in excess of the corresponding provisions.
Tax Provisions means Section 4.9 and Section 6.4.

Examples of Tax Provisions in a sentence

  • The City is exempt from federal excise tax and Missouri sales tax and the Contractor shall not charge the same to the City and shall comply in all respects with the Special Sales Tax Provisions of the General Conditions.

  • In pursuance to amendment in the Indian Income Tax Provisions, the Company is required to withhold the taxes on dividend income paid to its resident shareholder, as per the prescribed rates under Section 194 of the Income Tax Act, 1961 {“the Act”).

  • Contractor shall purchase construction materials and supplies in accordance with these Special Sales Tax Provisions.

  • Tax Provisions The fees stipulated in this Port Tariff – with the exception of the harbor dues for lei- sure boats and traditional ships – are net amounts within the meaning of the Value Added Tax Act, to which the statutory VAT may have to be added.

  • In pursuance to amendment in the Indian Income Tax Provisions, the Company is required to withhold the taxes on dividend, as per the prescribed rate on dividend payable to its shareholder.


More Definitions of Tax Provisions

Tax Provisions section contains references to terms which, if not defined in the “Definitions” section or elsewhere in this Contract, have the meaning provided in the applicable section of the Code. Such references are subject to change from time to time, in accordance with changes in the Code, and will be administered to comply with such change.
Tax Provisions. - means, in connection with the grant of Options, the tax provisions on the capital gain tax track by a trustee under Section 102.
Tax Provisions has the meaning set out in Section 4.01(n);
Tax Provisions means Exhibit B attached hereto and incorporated by reference as if set forth in full herein.
Tax Provisions means all Taxes payable as accounted for in the Financial Statements of Kischi and the Holdings and all Taxes accruals calculated on a pro-rata basis as at the Closing Date for Kischi and the Holdings in accordance with GAAP applied on a consistent basis for the past two years. (Schedule 1.1 Taxes Provisions)
Tax Provisions means the Tax Warranties and the tax covenant set out in Parts II and III respectively of Schedule 5.
Tax Provisions means the provisions set forth on Annex 20E.