Definition of Post-Closing Tax Year


Post-Closing Tax Year means a taxable year that begins after the Closing Date, including the allocable portion of the Straddle Period determined under Section 8.1(b).

Examples of Post-Closing Tax Year in a sentence

However, to the extent that a credit or a Tax refund of a Tax arising from or relating to any Pre-Closing Tax Year is attributable to the carryback of a Post-Closing Tax Year Tax attribute, such Tax refund or credit will be the property of Buyer.