Examples of Short Tax Period in a sentence
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DEPARTMENT OF STATE REVENUE LETTER OF FINDINGS: 03-0332Indiana Corporate Income TaxFor Taxpayer’s First Short Tax Period of 1997 0220030332.LOFNOTICE: Under IC 4-22-7-7, this document is required to be published in the Indiana Register and is effective on its date of publication.
Any income tax payable with respect to such Short Tax Period will be borne by Sellers, as a group, and Purchaser as hereinafter provided; provided, however, that any tax liability arising from an election made under Section 338 of the Code will be borne solely by Purchaser.
In any case where applicable law specifically prohibits any of the Acquired Subsidiaries from treating the Closing Date as the last day of a Short Tax Period, then for purposes of this Agreement, the portion of such Tax that is attributable to the operations of such Acquired Subsidiaries for such Interim Tax Period will be the Tax that would be due with respect to the Interim Tax Period if such Interim Tax Period were a Short Tax Period.
DEPARTMENT OF STATE REVENUE LETTER OF FINDINGS: 03-0408Indiana Corporate Income TaxFor Taxpayer’s First Short Tax Period of 1997 0220030408.LOFNOTICE: Under IC 4-22-7-7, this document is required to be published in the Indiana Register and is effective on its date of publication.
Any taxable income or loss with respect to a Short Tax Period will be included in the Acquired Companies federal income Tax Return, and, if applicable, consolidated, unitary or combined state income Tax Returns filed on behalf of the Acquired Companies in all jurisdictions to which the Acquired Companies are subject to income Tax (together with the United States federal Return, the "SUBJECT JURISDICTIONS").
In any case in which applicable law specifically prohibits any of the Acquired Subsidiaries from treating the Closing Date as the last day of a Short Tax Period, then for purposes of this Agreement, the portion of such Taxes that is attributable to the operations of such Acquired Subsidiary for such Interim Tax Period will be the Income Tax that would be due with respect to the Interim Tax Period if such Interim Tax Period were a Short Tax Period.
DEPARTMENT OF STATE REVENUE LETTER OF FINDINGS: 03-0312Indiana Corporate Income TaxFor Taxpayer’s First Short Tax Period of 1997 0220030312.LOFNOTICE: Under IC 4-22-7-7, this document is required to be published in the Indiana Register and is effective on its date of publication.
Seller will be responsible, at its expense, for the preparation and filing of all Tax Returns for all Tax periods ending prior to the Closing Date and for any Short Tax Period.