Betekenis van:
tax liability

Voorbeeldzinnen

1. Registration in the IIS and full tax liability
2. The 15 % cap on liability to payroll tax and business property occupation tax
3. A retailer of tangible personal property [14] incurs a Retailers’ Occupation Tax ( ‘ROT’) liability and the purchaser of tangible personal property incurs a corresponding Use Tax liability.
4. The internal logic of the proposed payroll tax system therefore justifies capping payroll tax liability in relation to profits.
5. In contrast, utilities would have a corporate tax liability of 35 % of profits.
6. The annual concession is limited to 50 % of the corporate tax liability of Alas Slovakia, s.r.o.
7. The requirement to make a profit before incurring a tax liability
8. Tax liability arises when real estate is transferred through sale or other legal transaction.
9. It is a condition precedent for liability to the tax in question.
10. As a general rule, this tax is in full discharge of tax liability, replacing any further tax on revenues distributed by investment vehicles.
11. Financial services companies will have their annual liability to payroll tax, business property occupation tax and top-up tax capped, in aggregate, at 15 % of profit.
12. This credit takes the form of an excise tax credit or, if a company's excise tax liability is less than the total excise tax credit, the company may then claim the residual credit as a refundable income tax credit.
13. According to the Greek authorities, the tax rate for capitalisation of tax exempt reserves by limited liability companies, which have no shares on the stock exchange, is 10 %.
14. Accordingly, they have neither employees nor business premises in Gibraltar and therefore will incur liability neither for the payroll tax nor for the business property occupation tax.
15. If the claimant’s tax liability is less than the amount of credit claimed, the excess amount can be carried forward to subsequent tax years.