Fiscal Unity definition

Fiscal Unity means a tax group where the relevant companies are taxed as if there is only one tax payer (fiscale eenheid), as described in Article 15 of the Dutch Corporate Income Tax Act 1969 (Wet op de vennootschapsbelasting 1969) and in Article 11 of the Directive of the Council of the European Union on the common system of value added tax (2006/112/EC);
View Source
Fiscal Unity means that the relevant companies are taxed as if they are one company ('fiscale eenheld'), as meant in article 15 of the Dutch Corporate Income Act, and any other similar provisions from time to time replacing it.
View Source
Fiscal Unity means the fiscal unity (fiscale eenheid) for Dutch Corporate Income Tax purposes pursuant to Section 15 of the Dutch Corporate Income Tax A▇▇ ▇▇▇▇ between (amongst others) Seller and Company;
View Source

Examples of Fiscal Unity in a sentence

  • The Fiscal Unity headed by Liberty Global Target Company will, prior to Completion not form part of any larger Fiscal Unity for Dutch corporate income tax purposes.

  • If no such other date has been agreed upon by the Buyer and the Seller jointly, the Seller and the CIT Fiscal Unity Companies are allowed to file a request with the Dutch Tax Authority on the basis of paragraph 3.3 of the Decree asking the Dutch Tax Authority to confirm that the CIT Fiscal Unity Dissolution Date is not the date of this Agreement, including any relevant follow-up request in case Closing is expected to occur more than six (6) months after the date of this Agreement.

  • No member of the Company Group is liable for Taxes of any other Person (other than other members of a Company Affiliated Group or members of the CIT Fiscal Unity) as a result of successor liability, transferee liability, joint or several liability (including pursuant to Treasury Regulation Section 1.1502-6 or any similar provision of state, local, or non-U.S. Laws), or otherwise.

  • Subject to paragraph 8.4 below, the Dutch Seller shall ensure that on or prior to Completion any Tax Agreements in relation to the Dutch CIT Fiscal Unity to which the Dutch CIT Group Companies are a party shall be terminated with effect from the Effective Date.

  • The Dutch Seller shall cause that within two (2) weeks after the date of this Agreement a request is filed with the Dutch Tax Authority on the basis of paragraph 3.3 of the Dutch CIT Decree asking the Dutch Tax Authority to confirm that the Dutch CIT Fiscal Unity Dissolution Date is not the date of this Agreement but the Completion Date.

  • With regard to the VAT Fiscal Unity, a Tax Credit shall also include a reclaim of VAT to which any HVDH Company as part of a VAT Fiscal Unity is entitled to, determined (for allocation purposes only) as if the relevant HVDH Company was not part of the VAT Fiscal Unity.

  • Neither the Company nor any Subsidiary shall be part of any fiscal unity for Dutch tax purposes, other than the Dutch CIT Fiscal Unity.

  • Notwithstanding the foregoing, Seller shall pay any VAT payable by any VAT Fiscal Unity to the relevant Taxing Authority.

  • Any amount to be paid by Buyer under this Section 8.8(b) shall be due and payable within ten (10) days after the relevant decision of the Tax authorities resulting in a Fiscal Unity Tax Benefit has become non-appealable.

  • The Company was part of a Fiscal Unity ("fiscale ------------ eenheid") with ▇▇▇▇▇▇ Holding B.V. and Chalud Holding B.V. for value added tax purposes only.


More Definitions of Fiscal Unity

Fiscal Unity means the Seller, as parent company, and its subsidiary companies, including Netwerkdiensten, K&T and Encalls BV K&T and Netwerkdiensten are deemed to be absorbed by Seller for corporate income tax purposes as per 1 January, 1998 pursuant to the decision ("beschikking") of the Rotterdam tax inspector ("Belastingdienst/▇▇▇▇▇ ondernemingen Rotterdam") dated 18 January, 1999 and (in respect of K&T) as per 31 March, 1998 pursuant to the decision of the Rotterdam tax inspector (as mentioned above) also dated 18 January, 1999. Encalls BV will be deemed to be absorbed by Seller for corporate income tax purposes as per 1 January 1999;
View Source
Fiscal Unity has the meaning given to the term in the Contribution Agreement;
View Source
Fiscal Unity the meaning given to the expression "Fiscale eenheid" by Article 15 CITA
View Source
Fiscal Unity means the unity for Dutch tax purposes in accordance with Article 15 of the Dutch Corporate Income Tax Act (Wet op de vennootschapsbelasting 1969) or in accordance with Article 7 paragraph 4 of the Dutch Value Added Tax Act (Wet op de omzetbelasting 1968);
View Source
Fiscal Unity has the meaning given to it in Section 3.20(b).
View Source

Related to Fiscal Unity

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Fiscal Period means any interim accounting period within a Taxable Year established by the Manager and which is permitted or required by Section 706 of the Code.

  • Fiscal Year means the fiscal year of the Company.

  • Academy Financial Year means the academic year from 1st of September to 31st of August in any year;

  • Trust Fiscal Year means the period commencing on March 1 of any year and ending on February 28 (or February 29, if applicable) of the following year.