INCOME TAX EXPENSES Sample Clauses

INCOME TAX EXPENSES. Major components of income tax expenses for the three-month and nine-month period ended September 30, 2019 and 2018 consisted of: Baht Consolidated financial statements For the three-month period ended September 30, For the nine-month period ended September 30, 2019 2018 2019 2018 Income tax expense shown in profit or loss: Current tax expense: Income tax expense for the period 3,796,207.10 4,575,435.45 9,863,288.86 12,048,788.06 Deferred tax expense (income): Changes in temporary differences relating to the original recognition and reversal 400,512.66 (454,395.99) (692,566.81) (356,463.99) Total 4,196,719.76 4,121,039.46 9,170,722.05 11,692,324.07 Income tax relating to components of comprehensive income: Deferred tax relating to Actuarial gain - - - (126,319.20) Total - - - (126,319.20) Baht Separate financial statements For the three-month period ended September 30, For the nine-month period ended September 30, 2019 2018 2019 2018 Income tax expense shown in profit or loss: Current tax expense: Income tax expense for the period 2,745,277.67 3,754,607.38 7,420,033.45 10,835,687.59 Deferred tax expense (income): Changes in temporary differences relating to the original recognition and reversal (79,230.85) (366,329.86) (147,582.11) (402,302.38) Total 2,666,046.82 3,388,277.52 7,272,451.34 10,433,385.21 Income tax relating to components of comprehensive income: Deferred tax relating to Actuarial gain - - - (141,789.40) Total - - - (141,789.40)
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INCOME TAX EXPENSES. 31.1 Major components of income tax expenses for the years ended December 31, 2019 and 2018 consisted of: Baht Consolidated financial statements Separate financial statements 2019 2018 2019 2018 Income tax expenses shown in profit or loss : Current income tax: Income tax for the year 215,886,634 194,471,688 84,754,151 87,873,472 Deferred tax: Changes in temporary differences relating to the original recognition and reversal (9,441,335) (5,055,867) (2,367,110) (882,908) Total 206,445,299 189,415,821 82,387,041 86,990,564 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring available-for-sale investments 147,439,051 (57,370,916) 76,459,523 8,063,312 Actuarial on define employee benefit plons (6,603,425) 65,962 (1,042,793) - Total 140,835,626 (57,304,954) 75,416,730 8,063,312
Sample 1
INCOME TAX EXPENSES. Major components of income tax expenses for the three-month periods ended March 31, 2022 and 2023 consisted of : Baht Consolidated financial statements Separate financial statements 2023 2022 2023 2022 Income tax expenses shown in profit or loss : Current income tax: Income tax for the period 42,236,208 96,357,578 9,638,827 54,961,387 Deferred tax: Changes in temporary differences relating to the original recognition and reversal 192,560 (1,735,181) 884,458 (1,657,547) Total 42,428,768 94,622,397 10,523,285 53,303,840 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring of investments (305,963,218) 156,783,209 (292,473,533) 104,871,406 Total (305,963,218) 156,783,209 (292,473,533) 104,871,406
Sample 1
INCOME TAX EXPENSES. 33.1 Major components of income tax expenses for the years ended December 31, 2022 and 2021 consisted of: Baht Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Income tax expenses shown in profit or loss : Current income tax: Income tax for the year 321,338,496 234,490,177 150,445,900 141,332,379 Deferred tax: Changes in temporary differences relating to the original recognition and reversal (19,635,850) (10,557,056) (7,595,734) (2,298,309) Tax expenses from continuing operations 301,702,646 223,933,121 142,850,166 139,034,070 Tax expenses from discontinued operations (Note 34) 229,053 458,107 - - Total 301,931,699 224,391,228 142,850,166 139,034,070 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring available-for-sale investments 505,159,065 771,921,151 255,066,550 570,013,266 Actuarial on defined employee benefit plans 14,372,813 5,950,753 3,773,187 - Total 519,531,878 777,871,904 258,839,737 570,013,266 33.2 A numerical reconciliation between income tax expense and the product of accounting profit multiplied by the applicable tax rate for the years ended December 31, 2022 and 2021which are summarized as follows: Baht Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Accounting profit for the year 1,917,452,850 2,213,870,894 1,306,282,772 1,040,815,240 The applicable tax rate (%) 20 20 20 20 Income tax expense at the applicable tax rate 383,490,570 442,774,179 261,256,554 208,163,048 Reconciliation items: Tax effect of expenses that are not deductible in determining tax profit: - Expenses not allowed as expenses in determining taxable profit 8,473,654 7,972,305 883,672 26,663,703 Tax effect of income that are increase in determining tax profit Tax effect of income or profit that are not required in determining taxable profit: 18,875,025 - 18,875,025 - - Exemption of non-taxable dividend income (66,942,461) (61,853,299) (135,264,484) (92,378,243) - Share of profit of associates (27,368,510) (144,337,703) - - - Others (10,114,306) (14,020,380) (2,900,601) (3,414,438) Tax loss not recorded in the prior year but is used to reduce income tax expense of the current year (6,308,693) (7,446,636) - - Tax loss that tax assets are not recorded 1,597,367 844,655 - - Total reconciliation items (81,787,924) (218,841,058) (118,406,388) (69,128,978) Total income tax expense 301,702,646 223,933,121 142,850,166 139,034,070 33.3 A nume...
Sample 1
INCOME TAX EXPENSES. 33.1 Major components of income tax expenses for the years ended December 31, 2020 and 2019 consisted of: Baht Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Income tax expenses shown in profit or loss : Current income tax: Income tax for the year 132,042,530 215,886,634 52,044,812 84,754,151 Deferred tax: Changes in temporary differences relating to the original recognition and reversal (8,303,548) (9,441,335) (1,915,630) (2,367,110) Total 123,738,982 206,445,299 50,129,182 82,387,041 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring available-for-sale investments 9,920,701 147,439,051 62,008,280 76,459,523 Actuarial on define employee benefit plans - (6,603,425) - (1,042,793) Total 9,920,701 140,835,626 62,008,280 75,416,730
Sample 1
INCOME TAX EXPENSES. Income tax expenses was calculated on loss before income tax expenses for the period, after adding back disallowable expenses and deducting income which is exempted for tax computation purposes, using the estimated effective tax rate for the year. Income tax expenses for the three-month periods ended March 31, 2022 and 2021 as follows: Thousand Baht Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Income tax expenses shown in profit or loss: Current income tax: Income tax for the period - - - - Deferred tax: Relating to origination of temporary differences during the period - (26,590) - (24,530) Total - (26,590) - (24,530) Income tax relating to components of other comprehensive income: Surplus on revaluation of assets - 26,761 - 26,761 Total - 26,761 - 26,761
Sample 1
INCOME TAX EXPENSES. 18.1 Major components of income tax expenses for the three-month periods ended March 31, 2022 and 2021 consisted of: Income tax expenses shown in profit or loss : Current tax expense: Thousand Baht 2022 2021 Income tax expense for the year 24,475 2,917 Deferred tax expense (income): original recognition and reversal (303) (328) Total 24,172 2,589 Changes in temporary differences relating to the Gain on measuring financial assets 2,666 1,067 Total 2,666 1,067 Deferred tax relating to:
Sample 1
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INCOME TAX EXPENSES. 18.1 Major components of income tax expenses for the three-month and six-month periods ended June 30, 2021 and 2020 consisted of: Thousand Baht For the three-month period ended June 30, For the six-month period ended June 30, 0000 0000 0000 2020 Income tax expense shown in profit or loss : Current tax expense : Income tax expense for the year 7,886 1,653 10,803 5,862 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal (741) (319) (1,069) (783) Total 7,145 1,334 9,734 5,079 Income tax relating to components of other comprehensive income: Deferred tax relating to: Remeasuring financial assets 2,000 4,666 3,067 (4,467) Total 2,000 4,666 3,067 (4,467)
Sample 1
INCOME TAX EXPENSES. 17.1 Major components of income tax expenses for the three-month and nine-month periods ended September 30, 2020 and 2019 consisted of: Thousand Baht September 30, September 30, 2020 2019 2020 2019 Income tax expense shown in profit or loss : Current tax expense : Income tax expense for the period 10,756 14,140 16,618 34,109 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal (404) (527) (1,187) (3,934) Total 10,352 13,613 15,431 30,175 Income tax relating to components of other comprehensive income: Deferred tax relating to: Remeasuring available-for-sale investments - 2,067 - 667 Remeasuring financial assets (4,000) - (8,467) - Gain from changing acturial estimates - - - (341) Total (4,000) 2,067 (8,467) 326 For the three-month periods ended For the nine-month periods ended
Sample 1

Related to INCOME TAX EXPENSES

  • Tax Expenses Tenant shall pay to Landlord Tenant’s Share of all Tax Expenses applicable to the Project. Prior to delinquency, Tenant shall pay any and all taxes and assessments levied upon Tenant’s Property (defined below in Section 10) located or installed in or about the Premises by, or on behalf of Tenant. To the extent any such taxes or assessments are not separately assessed or billed to Tenant, then Tenant shall pay the amount thereof as invoiced by Landlord. Tenant shall also reimburse and pay Landlord, as Additional Rent, within ten (10) days after demand therefor, one hundred percent (100%) of (i) any increase in real property taxes attributable to any and all Alterations (defined below in Section 10), Tenant Improvements, fixtures, equipment or other improvements of any kind whatsoever placed in, on or about the Premises for the benefit of, at the request of, or by Tenant, and (ii) taxes and assessments levied or assessed upon or with respect to the possession, operation, use or occupancy by Tenant of the Premises or any other portion of the Project. “Tax Expenses” means, without limitation, any form of tax and assessment (general, special, supplemental, ordinary or extraordinary), commercial rental tax, payments under any improvement bond or bonds, license fees, license tax, business license fee, rental tax, transaction tax or levy imposed by any authority having the direct or indirect power of tax (including any governmental, school, agricultural, lighting or other improvement district) as against any legal or equitable interest of Landlord in the Premises, Project or Park or any other tax, fee, or excise, however described, including, but not limited to, any tax resulting from the recordation of any parcel or subdivision map with respect to the Park and/or any tax imposed in substitution (partially or totally) of any tax previously included within the definition of Tax Expenses. “Tax Expenses” shall not include (a) any franchise, estate, inheritance, net income, or excess profits tax imposed upon Landlord, (b) any penalty or fee imposed solely as a result of Landlord’s failure to pay Tax Expenses when due, and (c) any items included as Operating Expenses. In the event that a parcel or subdivision map with respect to the Park or a portion of the Park is recorded by Landlord, Tenant’s Share of Tax Expenses shall be commensurately revised to reflect any increases or decreases that may result from the impact of such parcel or subdivision map.

  • Income Taxes Paragraph 1. The authority citation for part 1 continues to read in part as follows: Authority: 26 U.S.C. 7805 * * * EXHIBIT G-2 FORM OF TRANSFEROR CERTIFICATE __________ , 20__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Xxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxxxx, Xxxxxxxxx 00000 [Trustee] Attention: Residential Funding Corporation Series _______ Re: Mortgage Pass-Through Certificates, Series ________, Class R[-__] Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _____________________ (the "Seller") to _____________________(the "Purchaser") of $______________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"), pursuant to Section 5.02 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Pooling and Servicing Agreement") among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and __________, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

  • Excise Tax Payments (a) Notwithstanding anything contained in this Agreement to the contrary, in the event that any payment (within the meaning of Section 280G(b)(2) of the Internal Revenue Code of 1986, as amended or replaced (the "Code")), or distribution to or for the benefit of the Executive, whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise in connection with, or arising out of, his or her employment with the Company (a "Payment" or "Payments"), would be subject to the excise tax imposed by Section 4999 of the Code or any interest or penalties are incurred by the Executive with respect to such excise tax (such excise tax, interest and penalties collectively referred to as the "Excise Tax"), then the Executive shall be entitled to receive an additional payment (a "Gross-Up Payment") in an amount such that after payment by the Executive of all such taxes (including any interest or penalties imposed with respect to such taxes), including any Excise Tax imposed upon the Gross-Up Payment, the Executive retains an amount of the Gross-Up Payment equal to the Excise Tax imposed upon the Payments; provided, that the Executive shall not be entitled to receive any additional payment relating to any interest or penalties attributable to any action or omission by the Executive in bad faith.

  • Income Tax Allocations (a) Except as provided in this Section 4.3, each item of income, gain, loss and deduction of the Company for federal income tax purposes shall be allocated among the Members in the same manner as such items are allocated for Capital Account purposes under Section 4.1 and Section 4.2.

  • Tax Payments Each Company shall be liable for and shall pay the Taxes allocated to it by this Section 2 either to the applicable Tax Authority or to the other Company in accordance with Section 4 and the other applicable provisions of this Agreement.

  • Taxes and Tax Returns (a) Each of Home and its Subsidiaries has duly and timely filed (taking into account all applicable extensions) all material Tax Returns that were required to be filed by it, and all such Tax Returns are true, correct and complete in all material respects. Neither Home nor any of its Subsidiaries is the beneficiary of any extension of time within which to file any material Tax Return (other than extensions to file Tax Returns obtained in the ordinary course of business). All material Taxes of Home and its Subsidiaries (whether or not shown on any Tax Returns) that are due have been fully and timely paid other than Taxes that have been reserved or accrued on the balance sheet of Home or its Subsidiaries or which Home and/or its Subsidiaries is contesting in good faith. Each of Home and its Subsidiaries has withheld and paid all material Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, creditor, shareholder, independent contractor or other third party. Neither Home nor any of its Subsidiaries has granted any extension or waiver of the limitation period applicable to any material Tax that remains in effect. The federal income Tax Returns of Home and its Subsidiaries for all years to and including 2008 have been examined by the Internal Revenue Service (the “IRS”) or are Tax Returns with respect to which the applicable period for assessment under applicable law, after giving effect to extensions or waivers, has expired. Neither Home nor any of its Subsidiaries has received written notice of assessment or proposed assessment in connection with any Taxes, and there are no threatened in writing or pending disputes, claims, audits, examinations or other proceedings regarding any Tax of Home and its Subsidiaries or the assets of Home and its Subsidiaries. Home has made available to Cascade true and complete copies of any private letter ruling requests, closing agreements or gain recognition agreements with respect to Taxes requested or executed in the last six (6) years. Neither Home nor any of its Subsidiaries is a party to or is bound by any Tax sharing, allocation or indemnification agreement or arrangement (other than such an agreement or arrangement exclusively between or among Home and its Subsidiaries). Neither Home nor any of its Subsidiaries (i) has been a member of an affiliated group filing a consolidated federal income Tax Return (other than a group the common parent of which was Home) or (ii) has any liability for the Taxes of any person (other than Home or any of its Subsidiaries) under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law), as a transferee or successor, by contract or otherwise. Neither Home nor any of its Subsidiaries has been, within the past two (2) years or otherwise as part of a “plan (or series of related transactions)” within the meaning of Section 355(e) of the Code of which the Merger is also a part, a “distributing corporation” or a “controlled corporation” (within the meaning of Section 355(a)(1)(A) of the Code) in a distribution of stock intending to qualify for tax-free treatment under Section 355 of the Code. Neither Home nor any of its Subsidiaries has participated in a listed transaction within the meaning of Treasury Regulation Section 1.6011-4(b)(2) (or any predecessor provision), and neither Home nor any of its Subsidiaries has been notified of, or to the knowledge of Home or its Subsidiaries has participated in, a transaction that is described as a “reportable transaction” within the meaning of Treasury Regulation Section 1.6011-4(b)(1). At no time during the past five (5) years has Home been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code. There are no Liens for Taxes upon the assets of Home or any of its Subsidiaries other than Liens for current Taxes not yet due and payable. As of the date hereof, neither Home nor its Subsidiaries has knowledge of any conditions which exist or which may fail to exist that might prevent or impede the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code. No claim has ever been made by any Governmental Entity in a jurisdiction where Home or a Home Subsidiary does not file Tax Returns that Home or such Subsidiary is or may be subject to taxation by that jurisdiction. Neither Home nor any of its Subsidiaries has filed an election under Section 338(g) or 338(h)(10) of the Code. Neither Home nor any of its Subsidiaries has agreed, nor is it required, to make any adjustment under Section 481(a) of the Code by reason of a change in accounting method or otherwise that will affect its liability for Taxes.

  • Operating Expense Payments Landlord shall deliver to Tenant a written estimate of Operating Expenses for each calendar year during the Term (the “Annual Estimate”), which may be revised by Landlord from time to time during such calendar year. During each month of the Term, on the same date that Base Rent is due, Tenant shall pay Landlord an amount equal to 1/12th of Tenant’s Share of the Annual Estimate. Payments for any fractional calendar month shall be prorated.

  • Income Tax Returns Borrower has no knowledge of any pending assessments or adjustments of its income tax payable with respect to any year.

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Excise Tax Payment If, in connection with a Change in Control, the Internal Revenue Service asserts, or if the Executive or the Company is advised in writing by an established accounting firm, that any payment in the nature of compensation to, or for the benefit of, the Executive from the Company (or any successor in interest) constitutes an “excess parachute payment” under Section 280G of the Code, whether paid pursuant to this Agreement or any other agreement, and including property transfers pursuant to securities and other employee benefits that vest upon a Change in Control (collectively, the “Excess Parachute Payments”) the Company shall pay to the Executive, on demand, a cash sum equal to the amount of excise tax due under Section 4999 of the Code on the entire amount of the Excess Parachute Payments (excluding any payment pursuant to this Section VI(H)(3)) (the "Gross-up Amount"). The payment of the "Gross-up Amount" due to the Executive under this Section VI(H)(3) shall be paid as soon as reasonably possible following demand of payment by the Executive, but in no event later than December 31 of the year following the year (A) any tax is paid to the Internal Revenue Service regarding this Section VI(H)(3) or (B) any tax audit or litigation brought by the Internal Revenue Service or other relevant taxing authority related to this Section VI(H)(3) is completed or resolved.

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