Tax Audit definition

Tax Audit means any audit, assessment, or other examination relating to Taxes by any Tax Authority or any judicial or administrative proceedings relating to Taxes.

Tax Audit shall have the meaning set forth in Section 6.4(a) hereof.

Tax Audit means any deficiency, proposed adjustment, adjustment, assessment audit, examination or other administrative or court proceeding, suit, dispute or other claim.

Examples of Tax Audit in a sentence

• The failure of Buyer or its Affiliates to so notify Parent or its Affiliates of the commencement of any Pre-Closing Tax Audit will not relieve Parent from any indemnification obligations thereunder, except to the extent that Parent is prejudiced by such failure.

• Various Tax Audit Recoveries/ActionsThe SFY 2008-09 Enacted Budget includes an additional 75 full-time equivalent (FTE) employees to combat tax fraud through the Department of Tax and Finance with an expectation of $487 million in additional revenue.

• For the avoidance of doubt, any audit, investigation, or other action by a Taxing Authority in respect of any such Tax refund or credit shall be considered a Pre-Closing Tax Audit governed by Section 5.8(d).

• Promptly following the ultimate resolution of any such Tax Audit, Purchaser shall pay to Seller an amount equal to the excess if any of (i) the amount so withheld over (ii) the portion of such amount required to satisfy any amount finally determined to be owed to the applicable Purchaser Indemnitee pursuant to Section 10.2(a)(ii) with respect to any Losses resulting from the Indemnified Tax Liabilities in connection with such Tax Audit.

More Definitions of Tax Audit

Tax Audit has the meaning set forth in Section 10.3(b)(1).

Tax Audit has the meaning set forth in Section 4.1.7(a).

Tax Audit means any audit, adjustment, claim, examination, assessment, contest or other proceeding with respect to Taxes.

Tax Audit shall have the meaning given to such term in Section 7.4 hereof.

Tax Audit shall have the meaning set forth in Section 7.7(e) hereof.

Tax Audit or “Tax Audits” has the meaning set forth in Section 10.05(a).

Tax Audit is defined in Section 11.1(e).