Example sentences of "carrying on a trade " in BNC.
Next page| No | Sentence |
|---|---|
| 1 | She could not bind herself personally , with the result that she could not be made a bankrupt , unless she was carrying on a trade . |
| 2 | The transaction in the new site will be undertaken by Tradeco , which will be regarded as carrying on a trade . |
| 3 | The relevant statute in those cases had provided simply that jurisdiction should exist over a married woman ‘ carrying on a trade separately from her husband . ’ |
| 4 | ‘ Subject to the provisions of this Ordinance , profits tax shall be charged for each year of assessment at the standard rate on every person carrying on a trade , profession or business in Hong Kong in respect of his assessable profits arising in or derived from Hong Kong for that year from such trade , profession or business ( excluding profits arising from the sale of capital assets ) as ascertained in accordance with this Part . |
| 5 | To obtain interest relief on loans to subscribe shares in a Newco which is to purchase the business of , rather than shares in , Target , it appears that management no longer has the difficulty of persuading the Revenue that Newco " exists wholly or mainly for the purpose of carrying on a trade … " , as required by s13A(2) ( a ) . |
| 6 | There the Revenue argued that , at the time the tax payers subscribed their shares , Newco did not exist for the purpose of carrying on a trade ; its only identifiable purpose was to acquire a business . |
| 7 | The new company must be an unquoted company carrying on a trade , or the holding company of one or more trading subsidiaries . |
| 8 | Management will want to ensure that Newco is a company which " exists for the purpose of carrying on a trade or trades on a commercial basis " within s13A(2) TA 1988 , and that this purpose test is satisfied from the commencement of its first accounting period . |
| 9 | Where Newco is carrying on a trade and incurs capital expenditure after 9 March 1992 in acquiring user rights to computer software , plant and machinery , capital allowances are available for such expenditure ( see s67A Capital Allowances Act 1990 ) . |
| 10 | The argument is that if Target is acting as agent for Newco , then Newco is carrying on a trade as principal through the agency of Target . |