Deferred Income Tax Liability definition

Deferred Income Tax Liability means, as to the Borrower, a liability recognized for temporary differences that will result in net taxable amounts in future years as further described and reported in Borrower’s periodic financial statements as “Deferred Income Taxes.”
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Deferred Income Tax Liability means, as to the Borrower, a liability recognized for temporary differences that will result in net taxable amounts in future years as further described and reported in Borrower=s periodic financial statements as "Deferred Income Taxes."
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Deferred Income Tax Liability. Are those deferred income tax ----------------------------- liabilities identified as current, intermediate, or long-term that are not due within one year from the date of the balance sheet's date.
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Examples of Deferred Income Tax Liability in a sentence

  • The outcome of the assessment will be communicated to all academies within the Trust.

  • Deferred Income Tax Liability: Accelerated Amortization Propert 281 (281,151,789) (182,144,516) (99,007,273) (93,962,897)(5,044,376) Accum.

  • Components of Net Deferred Income Tax Liability Significant components of the Corporation's net deferred income tax liability are as follows: As at Dec.

  • It is much easier to take care of the Deferred Income Tax Liability account when you do the entire income tax summary entry.

  • Corporate expenses of approximately $557,000 resulting from the admission of the Company’s shares to AIM, the UK Stock Exchange’s international market for high growth companies.Provision for Deferred Income Tax Liability of $301,000 includes a prior period adjustment of$150,000.Shareholder’s funds of $103 million have increased since 30 June 2001 by $10 million due to a placement in December of ordinary shares.Total Liabilities of $54 million represents 34% of Total Assets.

  • Deferred Income Tax Liability: Other Propert 282 (4,513,376,192) (2,924,096,160) (1,589,280,032) (1,222,725,846)(366,554,186) Accum.

  • Deferred Income Tax Liability and Deferred Tax AssetRecognised deferred income tax liabilities AssetsLiabilitiesNet2006 2005 2006 2005 2006 2005Vessels, property andequipment ....................

  • The Regulatory Liability (EDIT) of 17 $1,618,238, with one years’ amortization of $105,537 added back, plus the 18 remaining Deferred Income Tax Liability ($3,063,687) totals to the $4,681,924 in 19 Petitioner’s general ledger.

  • Instead the related tax forms part of the Future Income Tax Liability (Canadian GAAP) or Deferred Income Tax Liability (IFRS).

  • Deferred Income Tax Liability: Accelerated Amortization Propert 281 Accum.

Related to Deferred Income Tax Liability

  • 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.

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

  • Income Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Income Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Income Tax Returns means all Tax Returns relating to Income 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.

  • State premium tax liability means any liability

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Consolidated Income Taxes means, with respect to any Person for any period, taxes imposed upon such Person or other payments required to be made by such Person by any governmental authority which taxes or other payments are calculated by reference to the income or profits of such Person or such Person and its Restricted Subsidiaries (to the extent such income or profits were included in computing Consolidated Net Income for such period), regardless of whether such taxes or payments are required to be remitted to any governmental authority.

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

  • 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.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Income Tax Expense means for Borrower and its Subsidiaries, on a consolidated basis for any period, all state and federal income taxes (including without limitation Texas franchise taxes) paid or due to be paid during such period.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

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

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

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

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Tax Liabilities means all liabilities for Taxes.

  • Consolidated Return means a Tax Return filed with respect to Federal Income Taxes for the Consolidated Group.

  • Taxable means either: