Definition of Taxable Period


Taxable Period means any period prescribed by any Taxing Authority.
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Taxable Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.
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Taxable Period means a Pre-Distribution Taxable Period, a Straddle Period or a Post-Distribution Taxable Period.

Examples of Taxable Period in a sentence

Carryback shall mean the carryback of a Tax Attribute (including a net operating loss, a net capital loss or a tax credit) from a Post-Distribution Taxable Period to a Pre-Distribution Taxable Period.
Carryback shall mean the carryback of a Tax Attribute (including, without limitation, a net operating loss, a net capital loss or a tax credit) by a member of a Spinco Group from a Post-Distribution Taxable Period to a Pre-Distribution Taxable Period during which the member of the Spinco Group was included in a Combined Return filed for such Pre-Distribution Taxable Period.
The failure of one Party to notify the other Party of any matter relating to a particular Tax for a Taxable Period or to take any action specified in this Agreement shall not relieve such other Party of any liability and/or obligation which it may have under this Agreement with respect to such Tax for such Taxable Period, except to the extent that such other Partys rights under this Agreement are materially prejudiced by such failure.
No Coastal Company has engaged in a transaction with respect to any Coastal Benefit Plan that, assuming the Taxable Period of such transaction expired as of the date hereof, would subject any Coastal Company to a Material Tax or penalty imposed by either Section 4975 of the Internal Revenue Code or Section 502(i) of ERISA in amounts which are reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on any Coastal Company.
No First Capital Company has engaged in a transaction with respect to any First Capital Benefit Plan that, assuming the Taxable Period of such transaction expired as of the date hereof, would subject any First Capital Company to a Material Tax or penalty imposed by either Section 4975 of the Internal Revenue Code or Section 502(i) of ERISA in amounts which are reasonably likely to have, individually or in the aggregate, a Material Adverse Effect on any First Capital Company.