Examples of Section 338 Taxes in a sentence
The Buyer shall promptly pay to the Seller in immediately available funds an amount equal to the lesser of (x) any third-party advisory fees paid by the Seller in connection with the Section 338 Elections and the analysis and determination of the Section 338 Taxes plus any additional Taxes payable by the Seller's affiliated group as a result of the Buyer's payment of any Section 338 Taxes, or (y) $37,000 (the "Special Section 338 Gross- Up Amounts and Fees").
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The Seller shall reimburse the Buyer, in immediately available funds, for the portion of any Tax relating to the Straddle Period that is allocable, in accordance with paragraph (vii) below, to the pre-Closing portion of such Straddle Period other than any Section 338 Taxes.
Further principles of interpretation Further statutory interpretation points are: The GST Act and other fiscal legislation are interpreted in the same manner as other statutes (McMullin J, as endorsed by the majority of the Privy Council).
Thus, there are 22 military squares that are open to civilian vehicles (Yılmaz, 2020).