Definition of Tax Subsidiary

  1. Tax Subsidiary means any entity in which the Company owns a direct or indirect equity interest for federal income tax purposes of at least 10%, determined by either voting power or value.

Examples of Tax Subsidiary in a sentence

  1. SSTI Tax Subsidiary means any entity in which SSTI owns a direct or indirect equity interest for federal or state income tax purposes of at least 10%, determined by either voting power or value.
  2. Excluded Tax Subsidiary: (i) any Foreign Holding Company, (ii) any Foreign Subsidiary, and (iii) any Subsidiary of any Person described in the preceding clause (i) or (ii).

Definition of Tax Subsidiary in Agreement and Plan of Merger

Tax Subsidiary means any entity in which the Company owns a direct or indirect equity interest for federal income tax purposes of at least 10%, determined by either voting power or value.