Consolidated Tax Expense definition

Consolidated Tax Expense means, for any period, the tax expense of Borrower and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.
Consolidated Tax Expense means, for any period, the tax expense (including federal, state, local and foreign income taxes) of Borrower and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.
Consolidated Tax Expense means, for any period with respect to any Relevant Taxing Jurisdiction, the provision for all national, local and foreign federal, state or other income taxes of the Parent Guarantor and the Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with IFRS.

Examples of Consolidated Tax Expense in a sentence

Consolidated Tax Expense for such period, and (y) subtracting therefrom the aggregate amount of all non-cash items increasing Consolidated Net Income (other than the accrual of revenue or recording of receivables in the ordinary course of business) for such period and (z) adding thereto the aggregate amount of all non-cash items decreasing Consolidated Net Income for such period.

CONSOLIDATED EBITDA - For any period, Consolidated Net Income (or deficit) PLUS (i) Consolidated Interest Expense, PLUS (ii) Consolidated Tax Expense, PLUS (iii) Consolidated Depreciation Expense, plus (iv) Consolidated Amortization Expense, minus (v) extraordinary gains and PLUS (vi) extraordinary losses, all as determined in accordance with GAAP.

CONSOLIDATED EBIT - For any period, Borrowers' Consolidated Net Income (or deficit) PLUS (a) Consolidated Interest Expense PLUS (b) Consolidated Tax Expense PLUS (c) extraordinary losses and MINUS (d) extraordinary gains, all as determined in accordance with GAAP..

Add paragraph 740-10-30-27A, with a link to transition paragraph 740-10-65- 8, as follows: Initial Measurement > Allocation of Consolidated Tax Expense to Separate Financial Statements of Members 740-10-30-27 The consolidated amount of current and deferred tax expense for a group that files a consolidated tax return shall be allocated among the members of the group when those members issue separate financial statements.

Consolidated Tax Expense -- means, for any period, the amount of tax expense of the Company and the Subsidiaries in respect of federal and state taxes imposed on or measured by income or excess profits, to the extent, but only to the extent, deducted from revenues of the Company and the Subsidiaries in computing Consolidated Net Earnings for such period.


More Definitions of Consolidated Tax Expense

Consolidated Tax Expense means, with respect to any Person for any period, the aggregate of the U.S. Federal, state and local tax expense attributable to taxes based on income and foreign income tax expenses of such Person and its Consolidated Subsidiaries for such period (net of any income tax benefit), determined in accordance with GAAP other than taxes (either positive or negative) attributable to extraordinary or unusual gains or losses or taxes attributable to sales or dispositions of assets.
Consolidated Tax Expense means, for any period, the Tax expense (including federal, state, local, foreign, franchise, excise, and foreign withholding Taxes) of Global Parent, the Lead Borrower and its Subsidiaries (other than the Excluded Entities), including any penalties and interest relating to any Tax examinations for such period, determined on a consolidated basis in accordance with GAAP.
Consolidated Tax Expense means for any period the aggregate of the federal, state, local and foreign income tax expense of the Relevant Party and its Subsidiaries for such period, on a consolidated basis as determined in accordance with GAAP, to the extent deducted in computing Consolidated Net Income.
Consolidated Tax Expense means, for any period, the tax expense of the Designated Company and its Restricted Subsidiaries, for such period determined on a consolidated basis in accordance with US GAAP.
Consolidated Tax Expense means, with reference to any period, the tax expense of the Company and its Subsidiaries calculated on a consolidated basis for such period.
Consolidated Tax Expense means, for any period, the provision for U.S. federal, state, provincial, local and foreign income taxes of all Restricted Entities for such period as determined on a consolidated basis in accordance with GAAP.
Consolidated Tax Expense means, for any fiscal period of the Borrower, tax expense of the Consolidated Companies for such period determined on a consolidated basis in accordance with GAAP.