Tax Credits. Any tax credits for taxes paid by BKC, which reduced the executive’s income tax liability before, during, or subsequent to his or her employment are owned/utilized by BKC. After multi-jurisdictional employment terminates, BKC determines whether to keep the executive in the tax equalization program if the executive has carryover tax credits that may be used in the future. BKC retains the tax benefit for utilization of the tax credit. BKC continues to pay for the preparation of the executive’s home-country income tax return during these years.
Appears in 15 contracts
Samples: Employment Covenants Agreement (Restaurant Brands International Inc.), Employment and Post Employment Covenants Agreement (Restaurant Brands International Inc.), Employment and Post Employment Covenants Agreement (Restaurant Brands International Inc.)
