Examples of Stub Tax Period in a sentence
The Party or its Affiliate responsible under applicable Law for filing a Post-Distribution Income Tax Return (other than a Tax Return for a Stub Tax Period), a Non-U.S. Income Tax Return (other than an ITT Non-U.S. Income Tax Return), or a Non-Income Tax Return (in each case required to be filed after the Distribution Date) shall prepare and file or cause to be prepared and filed that Tax Return (at that Party’s own cost and expense).
Azur shall prepare and file in a timely manner, all Tax Returns to be filed for the Stub Tax Period and a Straddle Tax Period required to be filed on or after the Closing Date with respect to any Tax.
The taxable income for the March Stub Tax Period will be equal to the taxable income for the month of March multiplied by a fraction, the numerator of which shall be the number of calendar days during the March Stub Tax Period and the denominator of which will be 31.
This is intended to approximate the difference between the tax on ordinary income during the March Stub Tax Period and the tax benefit derived from the increase in the tax basis in the Shareholder's stock plus the capital gains tax on the tax reimbursement.
For the 1999 Tax year and the Stub Tax Period, Parent and Seller shall provide Buyer such information set forth in (i) through (iii) of this Section 5.9(b) with respect to each Acquired Company no later than 30 days' prior to the time the relevant Returns and computations are required to be filed for such year and such information shall be in form and substance reasonably satisfactory to Buyer and the Acquired Companies.
No later than 45 calendar days before the Return Due Date for each Combined State Tax return, Spinco shall deliver to Aetna a Tax Package of the Health Group relating to a Combined State Tax for (i) such taxable year, if such taxable year ends prior to the Distribution Date, or (ii) the Pre-Distribution Stub Tax Period, if such taxable year includes the Distribution Date (the delivery date constituting a "Combined State Tax Package Delivery Date").
No later than 45 calendar days before the Return Due Date for each Combined State Tax return, Spinco shall deliver to Aetna a Tax Package of the Health Group relating to a Combined State Tax for (i) such taxable year, if such taxable year ends prior to the Distribution Date, or (ii) the Pre-Distribution Stub Tax Period, if such taxable year includes the Distribution Date (the delivery date constituting a "COMBINED STATE TAX PACKAGE DELIVERY DATe").
Parent, Acquisition Company and the Company shall prepare and file in a timely manner all Tax Returns required to be filed by the Company and its Subsidiary for the Stub Tax Period on or after the Closing Date.
MCE agrees to reimburse the Shareholders for taxes in an amount equal to twenty-four percent (24%) of the taxable income for the period of March 1, 1998 through the Effective Time (the "March Stub Tax Period").
For the 1999 Tax year and the Stub Tax Period, Parent and Seller shall provide Buyer such information set forth in (i) through (iii) of this Section 5.9(c) with respect to each Acquired Company no later than 30 days' prior to the time the relevant Returns and computations are required to be filed for such year.