General Allocation Method. Each taxable year, the members of the Group shall allocate the consolidated tax or consolidated refund in accordance with the following procedures: (a) A member, to include Ameren Corporation, that would have a positive separate return tax shall receive a positive allocation in an amount equal to such positive separate return tax. (b) A member, other than Ameren Corporation, that would have a negative separate return tax shall receive a negative allocation in an amount equal to such negative separate return tax. (c) If Ameren Corporation would have a negative separate return tax, then each member having positive separate return tax shall receive a negative allocation in an amount equal to such negative separate return tax multiplied by the member's allocation ratio of the sum of the positive separate return tax.
Appears in 4 contracts
Sources: Tax Allocation Agreement (Union Electric Co), Tax Allocation Agreement (Ameren Corp), Tax Allocation Agreement (Ameren Corp)
General Allocation Method. Each taxable year, the members of the Group shall allocate the consolidated tax or consolidated refund in accordance with the following procedures:
(a) A member, to include Ameren Corporation, that would have a positive separate return tax shall receive a positive allocation in an amount equal to such positive separate return tax.
(b) A member, other than Ameren Corporation, that would have a negative separate return tax shall receive a negative allocation in an amount equal to such negative separate return tax.
(c) If Ameren Corporation would have a negative separate return tax, then each member having positive separate return tax shall receive a negative allocation in an amount equal to such negative separate return tax multiplied by the member's allocation ratio share of the sum of the positive separate return tax.
Appears in 2 contracts
Sources: Tax Allocation Agreement (Ameren Corp), Tax Allocation Agreement (Ameren Corp)
General Allocation Method. Each taxable year, the members of the Group shall allocate the consolidated tax or consolidated refund in accordance with the following procedures:
(a) A member, to include Ameren Corporation, that would have a positive separate return tax shall receive a positive allocation in an amount equal to such positive separate return tax.
(b) A member, other than Ameren Corporation, that would have a negative separate return tax shall receive a negative allocation in an amount equal to such negative separate return tax.
(c) If Ameren Corporation would have a negative separate return tax, then each member having positive separate return tax shall receive a negative allocation in an amount equal to such negative separate return tax multiplied by the member's ’s allocation ratio of the sum of the positive separate return tax.
Appears in 1 contract
Sources: Tax Allocation Agreement