Accounts Relief definition

Accounts Relief means any of:

Accounts Relief means a Relief, the availability of which has been shown or referred to as an asset in the Accounts or has been taken into account in computing (and reducing) a provision for deferred tax which appears in the Accounts or has resulted in no provision for deferred tax being made in the Accounts;

Accounts Relief means a Relief which:

Examples of Accounts Relief in a sentence

• Saving: the reduction or elimination of any liability of the Company or a Subsidiary to make an actual payment of corporation tax in respect of which the Sellers would not have been liable under paragraph 2, by the use of any Relief (other than an Accounts Relief) arising wholly as a result of a Liability for Taxation in respect of which the Sellers have made a payment under paragraph 2 of this Tax Covenant.

• References to a date on which Tax becomes due for payment include a reference to the date on which it would have become due were it not for the availability of any Accounts Relief or Purchaser’s Relief.

• If any sum payable by the Warrantors to the Buyer under this schedule is (or but for the availability of any Accounts Relief or Post Completion Relief would be) subject to a Tax Liability in the hands of the Buyer, the Warrantors shall pay to the Buyer such sum as is necessary to ensure that the amount received by the Buyer is not less than the amount it would have received had the payment not been subject to Tax.

More Definitions of Accounts Relief

Accounts Relief means any Relief which is shown as an asset in the Completion Statement or is taken into account in computing (and so reducing or eliminating) any provision for deferred Taxation which appears, or which but for the presumed availability of the Relief would have appeared, in the Completion Statement Actual Taxation Liability means a liability to make an actual payment of Taxation whether or not such Taxation is also or alternatively chargeable against or attributable to any other person Auditors means the auditors for the time being of the Company

Accounts Relief means a Relief which has been shown or treated as an asset in the 2021/6/30 accounts, or which has been taken into account in computing a provision for Tax which appears in the 2021/6/30 accounts (or which has resulted in no such provision for Tax being made).

Accounts Relief means any Relief taken into account in computing and so reducing or eliminating any provision for Tax (including deferred Tax) which appears in the balance sheet in the Completion Accounts or which was taken into account in the Completion Accounts as an asset;

Accounts Relief means any Relief which appears as an asset in the Completion Accounts or has been taken into account in reducing or eliminating any provision for Tax which appears in the Completion Accounts (or which, but for the presumed availability of such Relief, would have appeared in the Completion Accounts and any prepayment of tax which is treated as an asset in the Completion Accounts;

Accounts Relief means any Relief which has been treated as an asset in the Accounts or has been taken into account in reducing or eliminating any provision for deferred tax which appears or would, but for the presumed availability of such Relief, have appeared in the Accounts;

Accounts Relief any Relief that has been taken into account in computing (and so reducing or eliminating) any provision for deferred Tax in the Accounts. Dispute: any dispute, appeal, negotiations or other proceedings in connection with a Tax Claim. Event: includes (without limitation), the expiry of a period of time, ELEQT or any Subsidiary becoming or ceasing to be associated with any other person for any Tax purpose or ceasing to be or becoming resident in any country for any Tax purpose, the death or the winding up or dissolution of any person, the earning, receipt or accrual for any Tax purpose of any income, profit or gains, the incurring of any loss or expenditure, and any transaction (including the execution and completion of all provisions of this agreement), event, act or omission whatsoever, and any reference to an Event occurring on or before a particular date shall include Events which, for Tax purposes, are deemed to have, or are treated or regarded as having, occurred on or before that date.

Accounts Relief means any Relief which is shown as an asset in the Management Accounts or is taken into account in computing (and so reducing or eliminating) any provision which appears, or which but for the presumed availability of the Relief would have appeared, in the Management Accounts