Examples of Taxation Act in a sentence
Whilst this Whistleblower Policy deals with internal disclosures of information, additional legal protections are available for certain Disclosers under the Corporations Act and the Taxation Act provided the disclosure is about a “disclosable matter” or “tax affair” as defined under such legislation and certain conditions are met.
Disclosures that are not about “disclosable matters” or “tax affairs” will not qualify for protection under the Corporations Act or Taxation Act.
Current income taxes of the Bulgarian companies of the Group are determined in accordance with the requirements of the Bulgarian tax legislation – the Corporate Income Taxation Act (CITA).
Note that the protections do not grant immunity for any misconduct a discloser has engaged in that is revealed in their disclosure.A NN E X UR E 2 – S UM M AR Y O F P R O TE C T I O NS U ND E R THE T AX A T I O N A D MI N I S TR A T I O N A C TThe Taxation Act sets out disclosures that are protected under the Taxation Administration Act if certain conditions are met as well as protections available to protected disclosures.
The negative interest therefore does not constitute either debit interest, as defined in Article 33 of the Swiss Federal Direct Taxation Act (LIFD), or any other expense and is thus not tax deductible.