Push-Out Election definition
Push-Out Election means the election to apply the alternative method provided by Section 6226 of the Code (or any analogous provision of state or local tax law).
Push-Out Election has the meaning set forth in Section 5.8(f).
Push-Out Election means the election under Code section 6226 (or any similar provision of state or local law) to “push out” an adjustment to the Members or former Members, including filing IRS Form 8988 (Election for Alternative to Payment of the Imputed Underpayment), or any successor or similar form, and taking any other action necessary to give effect to such election.
Examples of Push-Out Election in a sentence
The Company (acting directly and/or through the Tax Representative) shall have the sole authority to determine whether to cause the Company to make any elections in connection with tax audits and other tax controversies, including, without limitation, a Push Out Election with respect to any adjustment that could result in an imputed underpayment (within the meaning of Code section 6225) (an “Imputed Underpayment”), and the election “out” under Code section 6221(b).
More Definitions of Push-Out Election
Push-Out Election is defined in Section 10.4(b).
Push-Out Election has the meaning assigned to that term in Section 10.3(c).
Push-Out Election is defined in Section 6.26(b).
Push-Out Election has the meaning set forth in Section 11.5(c) hereof. Regulations means the federal income tax regulations promulgated under the Code, as amended and as hereafter amended from time to time. Reference to any particular provision of the Regulations shall mean that provision of the Regulations on the date hereof and any successor provision of the Regulations.
Push-Out Election is defined in Section 8.10.
Push-Out Election is defined in Section 5.3.
Push-Out Election is defined in Section 12.05(d).