Contribution Taxes definition

Contribution Taxes has the meaning set forth in Section 5.1(a).
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Contribution Taxes means any U.S. federal income tax imposed relating to the Contribution, including as a result of the Parties entering into the IP Access Agreements; provided, however, that Contribution Taxes shall not include Taxes related to the Big Dye Agreement. For the avoidance of doubt, Contribution Taxes shall not include any Exchange Taxes.
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Contribution Taxes means any tax, fee or governmental charge payable by the Contributee, the Contributor or any other Person to any federal, state or local government arising from or otherwise related to the Contribution of any Loan Asset, the related Underlying Collateral (if any) and/or any other related Portfolio Assets from the Contributor to the Contributee under this Agreement (excluding taxes measured by net income).
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Examples of Contribution Taxes in a sentence

  • LQ Parent shall prepare and submit to CPLG within 60 days following the final estimate of Contribution Taxes (as defined in the Tax Matters Agreement) pursuant to Section 5.1(a) of the Tax Matters Agreement, a proposed draft of the Allocation to CPLG.

  • Deferred taxes and tax credits f.1) Taxes – Prepaid Income and Social Contribution Taxes For the Accounts and Sub-Accounts of taxes which will be adjusted to the Selic rate, the book values represent Market Values and are already recorded at Real Present Value.

  • Taxes on Income 3Q21 3Q20The figures for the 3Q21 Income and Social Contribution Taxes - a reversal of R$41.6 million - were atypical, due to the recognition of expenses with the Voluntary Redundancy Program, tariff returns to customers as determined by Arsae-MG, as well as the impacts of the change, in 3Q21, of the percentage of distribution of net income, from 25.0% to 50.0%.

  • Income and Social Contribution Taxes (Continued) Income tax - Reduction of 75% ADENE – Mucuri plant (Continued) The income tax saved with this reduction is not recorded as expense in the statement of income.

  • The Parties shall cooperate in good faith to promptly update the estimated Contribution Taxes as otherwise determined pursuant to this Section 5.1(a) to reflect any payments made under Section 3.7 of the Distribution Agreement; provided that in the event the Parties are not able to so agree upon such update, any disagreement shall be submitted to a Big Four Accounting Firm (or a nationally recognized accounting firm, as applicable) in accordance with the procedures described in the previous sentence.

  • Includes: taxes and charges, Contribution Taxes on Gross Revenue for Social Integration Program (PIS) and for Social Security Financing (COFINS), Service Tax (ISS), current and deferred income tax and social contribution (IRPJ and CSLL).

  • Deferred Income and Social Contribution Taxes are recognized on temporary differences arising from real estate revenues taxed on a cash basis and the amount recognized on the accrual basis (Note 2.13).

  • Deferred Income and Social Contribution Taxes are calculated based on temporary differences arising from real estate revenues taxed on a cash basis, and the amount is recognized on the accrual basis (Note 2.13).

  • Expenses on sponsor’s contributions to the post-employment health care plan are charged to income on the accrual basis Income and Social Contribution Taxes The provision for income tax is calculated and recorded at the rate of 15% applicable to taxable income plus a 10% surtax on taxable income exceeding R$20,000 (twenty thousand reais) per month of the relevant period for income tax calculation.

  • Conversely, the United States may, in its sole discretion, terminate the Term of the Agreement early.

Related to Contribution Taxes

  • Distribution Taxes means any Taxes incurred as a result of the failure of the Intended Tax-Free Treatment of the Internal Restructuring, the Controlled Transfer or the Distribution.

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.

  • Pre-Tax Contributions means, for any Participant, the aggregate of the Participant's Basic Pre-Tax Contributions and Supplemental Pre-Tax Contributions contributed to the applicable Pre-Tax Contribution Account.

  • Canadian Taxes has the meaning specified in Section 11.05.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • After-Tax Contributions means amounts withheld from an Employee's Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Transaction Tax Deductions means any Tax deductions relating to (i) the Company Transaction Expenses, and (ii) repayment of the Indebtedness, including any unamortized deferred financing fees in connection with the Indebtedness.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Production Tax Credit or “PTC” means the tax credit for electricity produced from certain renewable generation resources described in Section 45 of the Internal Revenue Code of 1986, as it may be amended or supplemented from time to time.

  • non-taxable supply means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act;

  • Transfer Taxes means any and all sales, use, value added, stamp, documentary, filing, recording, transfer, real estate, stock transfer, intangible property transfer, personal property transfer, gross receipts, registration, securities transactions, conveyance and notarial Taxes, and similar fees, Taxes and governmental charges (together with any interest, penalty, addition to Tax, and additional amount imposed in respect thereof) arising out of or in connection with the transactions contemplated by this Agreement.

  • Other Connection Taxes means, with respect to any Recipient, Taxes imposed as a result of a present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document).

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • Conveyance Taxes means sales, use, value added, transfer, stamp, stock transfer, real property transfer or gains and similar Taxes.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • non-taxable territory means the territory which is outside the taxable territory;

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Non-Income Tax means any Tax other than an Income Tax.