Tax Calculation definition
Examples of Tax Calculation in a sentence
The Prime Contractor shall work with the TERO office and use Attachment II – Tax Calculation, to establish the effective tax rate and amount prior to work commencing.
If following a Tax Calculation Event, the amount by which the Permitted Tax Distributions would have been increased had they been calculated in accordance with the Tax Calculation Event (an "Underdistribution"), the amount of such Underdistribution shall be distributed to Equity Holders within 90 days of the date of the Tax Calculation Event.
In the event of a Tax Calculation Event, the amount by which the Permitted Tax Distributions would have been reduced had they been calculated in accordance with the Tax Calculation Event (an "Overdistribution") shall offset the amounts permitted to be distributed through the next two successive estimated tax payment dates (and such amounts permitted to be distributed shall be, for purposes of this Agreement, treated as if distributed to Equity Holders and used to repay the Overdistribution).
In addition, Abraxas agrees to utilize the methodology used in the Tax Calculation when filing Energy’s final Tax Return.
Please note that this French Tax Calculation service does not constitute tax advice.
Further, where any of these Rules are breached or there is any reason to suspect a participant has acted fraudulently or obtained an unfair or unintended advantage pursuant to this French Tax Calculation Services, we reserve the right to stop or withdraw payment of the reward or any attempted withdrawal of the same.
Municipal securities subject to the Alternative Minimum Tax Calculation are permissible.
We reserve the right to cancel or withdraw The French Tax Calculation Services at any time in case of any suspected Promotion abuse.
If the amount of any Overdistribution has not been repaid in full by the end of the second estimated tax payment date following the Tax Calculation Event, such Borrower will use its best efforts to collect the remaining Overdistribution Amount from the Equity Holders.
If the amount of any Overdistribution has not been repaid in full by the end of the second estimated tax payment date following the Tax Calculation Event, Borrower will use its best efforts to collect the remaining Overdistribution Amount from the Equity Holders.