Common use of Separate Taxable Income Clause in Contracts

Separate Taxable Income. For purposes of this Agreement, the Separate Taxable Income of each member of the Consolidated Group shall be determined under Treas. Reg. Section 1.1502-12 with the adjustments provided in Treas. Reg. Section 1.1552-1(a)(1)(ii).

Appears in 1 contract

Sources: Tax Sharing Agreement (Clark Material Handling Co)

Separate Taxable Income. For purposes of this Agreement, the Separate Taxable Income of each member Member of the Consolidated Group shall be determined under Treas. Reg. Section 1.1502-12 with the adjustments provided in Treas. Reg. Section 1.1552-1(a)(1)(ii).

Appears in 1 contract

Sources: Tax Sharing Agreement (Atlantic Paratrans of Arizona, Inc.)