R&D Tax Credit definition

R&D Tax Credit means any tax credit received by any Credit Party or its Subsidiaries in cash pursuant to Chapter 2, Part 13 of the Corporation Tax Act 2009 or Chapter 6A, Part 3 of the Corporation Tax Act 2009.

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R&D Tax Credit has the meaning given in Schedule 9;

R&D Tax Credit means a research & development tax credit payable under Part 13 of the Corporation Tax Act 2009 in respect of:

Examples of R&D Tax Credit in a sentence

These trends have been supported through a range of measures including improvements in fiscal measures to support research and development (modifications to the R&D Tax Credit were announced in October 2013, following a review of the scheme), supports for higher education-industry linkages and supports for in-company R&D and start-up companies.
The determination of the amounts so received, used and payable shall be made in accordance with, and subject to, the methodology set forth in Schedule 7.3, provided that in each case, the Company (or any relevant subsidiary where applicable) shall use any R&D Tax Credit ultimately allowed by the applicable tax authority in the earliest year permissible under the applicable tax statute.
If DISH has Excess Allocated Credits in any taxable year, DISH shall pay EchoStar by wire transfer in immediately available funds an amount equal to the lesser of (i) DISH’s Excess Allocated Credits and (ii) EchoStar’s Reduced Allocated Credits for such taxable year within sixty (60) days of the finalization of DISH’s Federal R&D Tax Credit Calculation for such taxable year under paragraph 2(a)(ii) of this letter.
Each Party shall be responsible for calculating its Separate Credits and its Excess Allocated Credits (collectively, the “Federal R&D Tax Credit Calculations”) for each taxable year starting with the 2013 taxable year and continuing until termination of the Tax Agreements and this letter.
If after receipt of the relevant amount from NXP by the relevant Group Company, any amount of the relevant R&D Tax Credit to which such payment by NXP is related, is received from the relevant Governmental Authority, the relevant Group Company shall repay such amount received from the relevant Governmental Authority to NXP.
If EchoStar has Excess Allocated Credits in any taxable year, EchoStar shall pay DISH by wire transfer in immediately available funds an amount equal to the lesser of (i) EchoStar’s Excess Allocated Credits and (ii) DISH’s Reduced Allocated Credits for such taxable year within sixty (60) days of the finalization of EchoStar’s Federal R&D Tax Credit Calculation for such taxable year under paragraph 2(a)(ii) of this letter.
DISH and EchoStar shall resolve any such disagreements regarding Federal R&D Tax Credit Calculations and documentation in accordance with the provisions of Section 8.3 of the Tax Sharing Agreement.
In the period of four years following the date of this Agreement the Buyer shall, and shall procure that the Company shall, in relation to any R&D Tax Credit: (a) keep the Sellers' Representative fully informed of the progress of all matters and discussions with any Tax Authority relating to the R&D Tax Credit; (b) take all steps reasonably necessary to conclude the R&D Tax Credit Amount in a manner which is consistent with the prior practice of the Company.

More Definitions of R&D Tax Credit

R&D Tax Credit means the Italian corporate income tax credit for research and development activities provided by Italian Law n. 145 of 23 December 2013, as amended and supplemented from time to time.

R&D Tax Credit means an R&D tax credit within the meaning of section 1054 of the Corporation Tax A▇▇ ▇▇▇▇.

R&D Tax Credit means the Research and Development tax credit to which the Company is entitled.

R&D Tax Credit means the cash payment due from HM Revenue & Customs to the Company pursuant to section 1054 of the United Kingdom Corporation Tax Act 2009 in respect of qualifying R&D Expenditure incurred by the Company on or before 30 November 2016 in respect of which an amount was included in the Cash Balances as the R&D Tax Credit Amount;

R&D Tax Credit means the amount of tax credits to which any member of the Company Group is unconditionally entitled, but has not received, as of the Measurement Time, pursuant to Part 13 of the Corporation Tax ▇▇▇ ▇▇▇▇ or Part 6 of the Capital Allowances Act 2001 in respect of the period ended December 31, 2020.

R&D Tax Credit means the Selling Parties’ rights to receive a Tax credit or payment from any Canadian Taxing Authority, or to have any such amount applied to reduce any such Selling Parties’ Tax payable, in connection with any previously completed fiscal years, and up to the Closing Date for any stub period.