Tax Effected definition

Tax Effected means the amount of an expense or cost as calculated on an after-tax basis to the extent that, and only to the extent that, GAAP and/or the Code and applicable regulations would require the same with respect to such expense or cost in the preparation of financial statements and the tax rate(s) used in such calculation shall be as provided for under GAAP and/or the Code and applicable regulations.
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Tax Effected means adjusted for the combined effect of federal, state, and local income taxes by reducing the amount of a loss or recovery by the product of that loss or recovery and the highest combined federal, state, and local marginal tax rate applicable to Vectra Bank.
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Examples of Tax Effected in a sentence

  • The Parties acknowledge and agree that Schedule 1 sets forth (x) the Pre-2013 Tax Attributes, Tax Effected California CODI and the Tax Attribute Reduction Amount, and (y) a good faith estimate based on best available information as of the Execution Date of (i) the 2013 Tax Attributes, (ii) the 2014 Tax Attributes, (iii) the Tax Effected Federal CODI, and (iv) the Total Company Tax Attributes.

  • Without limiting the foregoing, all items with respect to the calculation of the “Tax Effected Transaction Expenses” set forth in Carbon’s Notice of Disagreement dated July 7, 2015 have been resolved and such resolution is reflected in the foregoing determination of the Tax- Effected Transaction Expenses.

Related to Tax Effected

  • Affected Gain has the meaning set forth in subparagraph 4(b) of Exhibit B.

  • Tax Law Change means a change in or proposed change in, or amendment or proposed amendment to, the laws or regulations of the United Kingdom or any political subdivision or any authority thereof or therein having the power to tax, including any treaty to which the United Kingdom is a party, or any change in the application of official or generally published interpretation of such laws or regulations, including a decision of any court or tribunal, or any interpretation or pronouncement by any relevant tax authority that provides for a position with respect to such laws or regulations or interpretation thereof that differs from the previously generally accepted position in relation to similar transactions, which change or amendment becomes, or would become, effective on or after the Issue Date;

  • Affected state means the State in whose Convention area the wreck is located.

  • Tax Detriment means any item of income, gain, recapture of credit or any other Tax Item which increases Taxes paid or payable.

  • Recapture Event means any of the following events: