Definizione di UNITED KINGDOM

UNITED KINGDOM. This announcement is only being distributed to, and is only directed at, persons in the United Kingdom that are Qualified Investors and that (i) are "investment professionals" falling within Article 19(5) of the Financial Services and Xxxxxxx Xxx 0000 (Financial Promotion) Order 2005 (as amended, the "Order"), (ii) are persons falling within Article 49(2)(a) to (d) (high net worth companies, unincorporated associations, etc.) of the Order, or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). This document is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this document relates is available only to relevant persons and will be engaged in only with relevant persons.
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UNITED KINGDOM. The United Kingdom adopted a tobacco tax ‘escalator’ policy (between 1993 and 2000) to drive up excise duty on tobacco products in real terms – that is to say after accounting for inflation. Specifically, excise duties rose by between 3% and 5% more than inflation between 1993 and 2000. In 2001, the escalator policy was halted and taxes on tobacco products were frozen in real terms. This taxation slowdown continued (essentially unchanged) until 2010 when the escalator policy was re-introduced. Figure 4: Illicit market share/revenue losses and government tax receipts associated with FCT (2000-01 to 2016-17) Government receipts/ Revenue losses (£m) 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 The UK has suffered from some of the highest levels of illicit trade over the last decade. At the time of the suspension of the tobacco duty escalator (2000-01), approximately 60%3 of total consumption of FCT was accounted for by illicit trade, with a further 12% associated with cross border trade. Reflecting the inflation- only increase of FCT duties over the next decade – and subsequent re- introduction of the tobacco escalator at moderate levels, the level of illicit trade declined to its lowest level of 28% in 2016-17, with a further 4% associated with cross border trade. The long-term decline in the level of cross border and illicit trade in FCT, alongside the increase in UK-duty paid consumption has resulted in significantly increased tobacco taxation receipts for the UK government (from £272 million in 2001-02 to £1,231 million in 2016-17). However, despite this decline in illicit trade, it is important to note that the loss in government tax revenues has remained high (at between £1,100 million and £700 million between 2013-14 and 2016-17).
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UNITED KINGDOM. In the United Kingdom (the "UK"), this announcement is, and any offer when made will
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Examples of UNITED KINGDOM in a sentence

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More Definitions of UNITED KINGDOM

UNITED KINGDOM. In the United Kingdom (the "UK"), this announcement is, and any offer when made will be, only addressed to and directed at persons who are "qualified investors" as defined in Regulation (EU) 2017/1129 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“EUWA”) (the “UK Prospectus Regulation”) ("UK Qualified Investors"). If located in the UK, each person who initially acquires any securities, and to the extent applicable any funds on behalf of which such person acquires such securities that are located in the UK, or to whom any offer of securities may be made will be deemed to have represented, acknowledged and agreed that it is a UK Qualified Investor as defined above.
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Related to UNITED KINGDOM

  • Società L’impresa assicuratrice nonché le coassicuratrici;

  • Department Department of Electronics, Information and Bioengineering Location: DIPARTIMENTO DI ELETTRONICA, INFORMAZIONE E BIOINGEGNERIA Area: 09 - Industrial and Information Engineering Academic Discipline: ING-INF/05 - INFORMATION PROCESSING SYSTEMS Expected start date of activity: 01 february 2024 Research programme description: Starting and implementation of the research programme: Countries and structures in which the research activity can be carried out: EUROPA