Taxable Period. References to “taxable period” for any franchise or other doing business Tax (including, but not limited to, the Texas franchise Tax) shall mean the taxable period during which the income, operations, assets or capital comprising the base of such Tax is measured, regardless of whether the right to do business for another taxable period is obtained by the payment of such Tax.
Appears in 3 contracts
Samples: Tax Sharing Agreement (Valero Energy Partners Lp), Tax Sharing Agreement, Tax Sharing Agreement (Valero Energy Partners Lp)