Federal Income Tax Returns. The income and other tax items of ATL for any Pre-Spinoff Period shall be included in the Odetics consolidated federal income tax return; provided that ATL is a member of the Odetics "affiliated group" within the meaning of Section 1504 of the Code. Odetics shall prepare and timely file all consolidated federal income tax returns for all such periods.
Federal Income Tax Returns. Medaphis will include the income of HRI (including any deferred income required to be recognized under Treasury Regulation ss. 1.1502-13 and any excess loss account taken into income under Treasury Regulation ss. 1.1502-19) on the Medaphis consolidated federal income tax returns for all periods from August 29, 1995 through the Closing Date and will pay all Taxes assessed with respect to such consolidated federal income tax returns. HRI will furnish all information reasonably required by Medaphis for inclusion in Medaphis' federal consolidated income tax returns in accordance with HRI's past custom and practice. Medaphis will allow HRI an opportunity to review and comment on such federal consolidated income tax returns (including any amended returns) to the extent they relate to HRI. HRI will include its income on its separate federal income tax returns for all taxable periods ended on or before August 28, 1995, and all taxable periods beginning after the Closing Date. The income of HRI will be apportioned to the period up to and including the Closing Date and the period after the Closing Date by closing the books of HRI as of the end of the Closing Date, unless Medaphis and HRI elect ratable allocation pursuant to Treasury Regulation ss. 1.1502-76(b)(2)(ii).
Federal Income Tax Returns. (a) CEC shall timely prepare and file, or cause to be timely prepared and filed, in a manner consistent with past practice, all federal income Tax Returns (including any amended Tax Returns) for the CEC Consolidated Group, provided that the CIE Companies shall have the right to review and comment on the portion of such Tax Returns relating to the CIE Companies within a reasonable period of time prior to filing, and CEC shall consider in good faith any such comments prior to filing. For each taxable period for which they are treated as Members of the CEC Consolidated Group, the CIE Companies shall provide to CEC all financial data and any other information and documentation reasonably requested by CEC for such taxable period on a timely basis, as reasonably determined by CEC, in order for CEC to timely prepare and file the federal income Tax Returns for the CEC Consolidated Group.
Federal Income Tax Returns. To BCS, copies of federal income tax returns of MOD and its subsidiaries within 30 days after the applicable tax reporting deadline as the same may be extended.
Federal Income Tax Returns. The nuptial agreement may mandate that the parties file joint or separate federal income tax returns. Alternatively, the nuptial agreement may man- date that the parties file joint or separate income tax returns if either party makes such a request of the other party. The latter option is generally preferred, as it provides for maxi- mum flexibility each year. The parties should be aware that the filing of a joint tax return imposes joint and several liability on both spouses.48
Federal Income Tax Returns and Combined State Income Tax Returns for Periods Through the Closing Date.......................................43 6.4 No Adjustment of MidCon Tax Liability for the Taxable Year Ending December 31, 1997..............44 6.5 Liability of MidCon and its Subsidiaries for Federal and Combined State Income Tax..............45 6.6 Separate State, Local, Foreign Income Tax Returns............................................45 6.7 Sales and Property Taxes...........................46 6.8 State Franchise Taxes..............................46 6.9
Federal Income Tax Returns. The Managers shall prepare, or cause to be prepared, Federal income tax returns for the Company, and, in connection therewith and in the discretion of the Managers, make any available or necessary elections, including elections with respect to the useful lives and rates of depreciation of the properties of the Company.
Federal Income Tax Returns. Within one hundred twenty (120) days after the close of each fiscal year of the Borrower and Guarantors, each shall furnish or cause to be furnished to the Bank a copy of its most recent signed federal income tax return.
Federal Income Tax Returns. The income and other tax items of JNI for any Pre-IPO Period shall be included in Jaymark's consolidated federal income tax return. Items of income, gain, loss, deduction and credit shall be taken into account in accordance with the Treasury Regulations promulgated under Code Section 1502. Jaymark shall prepare and timely file all consolidated federal income tax returns for any Pre-IPO Period.
Federal Income Tax Returns. Notwithstanding the provisions of this Section 9, the following provisions shall apply: (i) at the expense of the Acquired Corporation, Sellers shall have sole responsibility for filing the corporation's federal and state income tax Return (Form 1120-S) for the Taxable period ending on the date of Closing; (ii) Buyer shall prepare all other income tax Returns required to be prepared under this Section 9 in a manner that is consistent with the manner in which the Sellers prepare such Form 1120-S Return; and (iii) Buyer shall prepare all other Returns required to be prepared under this Section 9 in a manner consistent with the past customs and practices of the Acquired Corporation in preparing its Returns.
