Tax Basis definition
Tax Basis means the same as defined in department of revenue 701—subrule 42.15(3).
Tax Basis means, with respect to any item of Company property, the adjusted basis of such property as determined in accordance with the Code.
Tax Basis means the adjusted tax basis determined for federal income tax purposes under Code Section 1011(a).
Examples of Tax Basis in a sentence
The Seller further agrees to hold the Mortgages Trustee and the Funding Companies harmless against any such claims and to indemnify the Mortgages Trustee and the Funding Companies on an after Tax basis in relation to any costs, expense, loss or other claim which may arise in connection therewith.
Such cooperation and information shall include providing copies of all relevant portions of relevant Tax Returns, together with relevant accompanying schedules and relevant work papers, relevant documents relating to rulings or other determinations by Taxing Authorities and relevant records concerning the ownership and Tax basis of property, which any such party may possess.
More Definitions of Tax Basis
Tax Basis means, with respect to any item of Company property, the --------- adjusted basis of such property as determined in accordance with the Code.
Tax Basis means, with respect to any asset, its adjusted basis for Federal income tax purposes.
Tax Basis. The Partnership’s basis in any property for Federal income Tax purposes at the time of its contribution to the Partnership.
Tax Basis. [ ] Cash [X] Accrual
Tax Basis shall have the meaning ascribed thereto in Section 4.4(b).
Tax Basis means the adjusted basis for United States federal Income Tax purposes to CCG (or Holdings by reason of being the parent entity of CCG as a Disregarded Entity) of the identified asset as of the Closing Date.
Tax Basis. Yew’s tax basis in the Purchase Shares determined under the Internal Revenue Code after adjustment due to the Subchapter S Capital Gains/Losses, the Subchapter S Ordinary Earnings/Losses, and the Tax Distribution.