INCOME TAX EXPENSES Sample Clauses

INCOME TAX EXPENSES. Major components of income tax expenses for the three-month and nine-month periods ended September 30, 2020 and 2019 consisted of: Baht Consolidated financial statements For the three-month periods ended September 30, For the nine-month periods ended September 30, 2020 2019 2020 2019 Income tax expenses shown in profit or loss : Current tax expenses : Income tax expenses for the period 40,902,515 54,296,287 115,759,872 143,472,202 Deferred tax expenses : Changes in temporary differences relating to the original recognition and reversal 2,021,778 2,779,359 (7,770,100) (4,551,934) Total 42,924,293 57,075,646 107,989,772 138,920,268 Income tax relating to components of other comprehensive income: Remeasuring investments (79,069,280) (26,075,476) (413,849,218) (33,795,364) Total (79,069,280) (26,075,476) (413,849,218) (33,795,364) Baht Separate financial statements For the three-month periods ended September 30, For the nine-month periods ended September 30, 2020 2019 2020 2019 Income tax expenses shown in profit or loss : Current tax expenses: Income tax expenses for the period 39,238,237 51,182,037 111,827,507 136,069,775 Deferred tax expenses : Changes in temporary differences relating to the original recognition and reversal 554,768 (655,324) (6,072,475) (7,088,215) Total 39,793,005 50,526,713 105,755,032 128,981,560 Income tax relating to components of other comprehensive income: Remeasuring investments (79,069,280) (26,075,476) (413,849,218) (33,795,364) Total (79,069,280) (26,075,476) (413,849,218) (33,795,364)
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INCOME TAX EXPENSES. 32.1 Major components of income tax expenses for the years ended December 31, 2018 and 2017 consisted of: Baht Consolidated financial statements Separate financial statements 2018 2017 2018 2017 Income tax expenses shown in profit or loss : Current income tax: Income tax for the year 194,471,688 205,635,800 87,873,472 78,346,601 Deferred tax: Changes in temporary differences relating to the original recognition and reversal (5,055,867) (9,315,097) (882,908) (1,596,377) Total 189,415,821 196,320,703 86,990,564 76,750,224 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring available-for-sale investments (57,370,916) (96,735,358) 8,063,312 (6,922,126) Actuarial on define employee benefit plons 65,962 (630,176) - - Total (57,304,954) (97,365,534) 8,063,312 (6,922,126)
Sample 1
INCOME TAX EXPENSES. Major components of income tax expenses for the three-month periods ended March 31, 2021 and 2020 consisted of: Baht Consolidated financial statements Separate financial statements 2021 2020 (Restate) 2021 2020 (Restate) Income tax expenses shown in profit or loss : Current income tax: Income tax for the period 35,191,439 40,615,220 9,402,725 9,258,405 Deferred tax: Changes in temporary differences relating to the original recognition and reversal 12,090,239 (6,981,841) 14,014,717 (4,442,519) Total 47,281,678 33,633,379 23,417,442 4,815,886 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring investments 106,377,574 (127,073,318) 91,480,202 (85,742,801) Total 106,377,574 (127,073,318) 91,480,202 (85,742,801)
Sample 1
INCOME TAX EXPENSES. 33.1 Major components of income tax expenses for the years ended December 31, 2020 and 2019 consisted of: Baht Consolidated financial statements Separate financial statements 2020 2019 2020 2019 Income tax expenses shown in profit or loss : Current income tax: Income tax for the year 132,042,530 215,886,634 52,044,812 84,754,151 Deferred tax: Changes in temporary differences relating to the original recognition and reversal (8,303,548) (9,441,335) (1,915,630) (2,367,110) Total 123,738,982 206,445,299 50,129,182 82,387,041 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring available-for-sale investments 9,920,701 147,439,051 62,008,280 76,459,523 Actuarial on define employee benefit plans - (6,603,425) - (1,042,793) Total 9,920,701 140,835,626 62,008,280 75,416,730
Sample 1
INCOME TAX EXPENSES. 33.1 Major components of income tax expenses for the years ended December 31, 2022 and 2021 consisted of: Baht Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Income tax expenses shown in profit or loss : Current income tax: Income tax for the year 321,338,496 234,490,177 150,445,900 141,332,379 Deferred tax: Changes in temporary differences relating to the original recognition and reversal (19,635,850) (10,557,056) (7,595,734) (2,298,309) Tax expenses from continuing operations 301,702,646 223,933,121 142,850,166 139,034,070 Tax expenses from discontinued operations (Note 34) 229,053 458,107 - - Total 301,931,699 224,391,228 142,850,166 139,034,070 Income tax relating to components of other comprehensive income: Deferred tax relating to gain (loss) from :- Remeasuring available-for-sale investments 505,159,065 771,921,151 255,066,550 570,013,266 Actuarial on defined employee benefit plans 14,372,813 5,950,753 3,773,187 - Total 519,531,878 777,871,904 258,839,737 570,013,266 33.2 A numerical reconciliation between income tax expense and the product of accounting profit multiplied by the applicable tax rate for the years ended December 31, 2022 and 2021which are summarized as follows: Baht Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Accounting profit for the year 1,917,452,850 2,213,870,894 1,306,282,772 1,040,815,240 The applicable tax rate (%) 20 20 20 20 Income tax expense at the applicable tax rate 383,490,570 442,774,179 261,256,554 208,163,048 Reconciliation items: Tax effect of expenses that are not deductible in determining tax profit: - Expenses not allowed as expenses in determining taxable profit 8,473,654 7,972,305 883,672 26,663,703 Tax effect of income that are increase in determining tax profit Tax effect of income or profit that are not required in determining taxable profit: 18,875,025 - 18,875,025 - - Exemption of non-taxable dividend income (66,942,461) (61,853,299) (135,264,484) (92,378,243) - Share of profit of associates (27,368,510) (144,337,703) - - - Others (10,114,306) (14,020,380) (2,900,601) (3,414,438) Tax loss not recorded in the prior year but is used to reduce income tax expense of the current year (6,308,693) (7,446,636) - - Tax loss that tax assets are not recorded 1,597,367 844,655 - - Total reconciliation items (81,787,924) (218,841,058) (118,406,388) (69,128,978) Total income tax expense 301,702,646 223,933,121 142,850,166 139,034,070 33.3 A nume...
Sample 1
INCOME TAX EXPENSES. Income tax expenses was calculated on loss before income tax expenses for the period, after adding back disallowable expenses and deducting income which is exempted for tax computation purposes, using the estimated effective tax rate for the year. Income tax expenses for the three-month periods ended March 31, 2022 and 2021 as follows: Thousand Baht Consolidated financial statements Separate financial statements 2022 2021 2022 2021 Income tax expenses shown in profit or loss: Current income tax: Income tax for the period - - - - Deferred tax: Relating to origination of temporary differences during the period - (26,590) - (24,530) Total - (26,590) - (24,530) Income tax relating to components of other comprehensive income: Surplus on revaluation of assets - 26,761 - 26,761 Total - 26,761 - 26,761
Sample 1
INCOME TAX EXPENSES. 17.1 Major components of income tax expenses for the three-month and nine-month periods ended September 30, 2020 and 2019 consisted of: Thousand Baht September 30, September 30, 2020 2019 2020 2019 Income tax expense shown in profit or loss : Current tax expense : Income tax expense for the period 10,756 14,140 16,618 34,109 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal (404) (527) (1,187) (3,934) Total 10,352 13,613 15,431 30,175 Income tax relating to components of other comprehensive income: Deferred tax relating to: Remeasuring available-for-sale investments - 2,067 - 667 Remeasuring financial assets (4,000) - (8,467) - Gain from changing acturial estimates - - - (341) Total (4,000) 2,067 (8,467) 326 For the three-month periods ended For the nine-month periods ended
Sample 1
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INCOME TAX EXPENSES. 18.1 Major components of income tax expenses for the three-month periods ended March 31, 2022 and 2021 consisted of: Income tax expenses shown in profit or loss : Current tax expense: Thousand Baht 2022 2021 Income tax expense for the year 24,475 2,917 Deferred tax expense (income): original recognition and reversal (303) (328) Total 24,172 2,589 Changes in temporary differences relating to the Gain on measuring financial assets 2,666 1,067 Total 2,666 1,067 Deferred tax relating to:
Sample 1
INCOME TAX EXPENSES. 18.1 Major components of income tax expenses for the three-month and six-month periods ended June 30, 2021 and 2020 consisted of: Thousand Baht For the three-month period ended June 30, For the six-month period ended June 30, 0000 0000 0000 2020 Income tax expense shown in profit or loss : Current tax expense : Income tax expense for the year 7,886 1,653 10,803 5,862 Deferred tax expense : Changes in temporary differences relating to the original recognition and reversal (741) (319) (1,069) (783) Total 7,145 1,334 9,734 5,079 Income tax relating to components of other comprehensive income: Deferred tax relating to: Remeasuring financial assets 2,000 4,666 3,067 (4,467) Total 2,000 4,666 3,067 (4,467)
Sample 1

Related to INCOME TAX EXPENSES

  • INCOME TAXES Paragraph 1. The authority citation for part 1 continues to read in part as follows: Authority: 26 U.S.C. 7805 * * * EXHIBIT G-2 FORM OF TRANSFEROR CERTIFICATE __________ , 20__ Residential Funding Mortgage Securities I, Inc. 8400 Normandale Xxxx Xxxxxxxxx Xxxxx 000 Xxxxxxxxxxx, Xxxxxxxxx 00000 [Trustee] Attention: Residential Funding Corporation Series _______ Re: Mortgage Pass-Through Certificates, Series ________, Class R[-__] Ladies and Gentlemen: This letter is delivered to you in connection with the transfer by _____________________ (the "Seller") to _____________________(the "Purchaser") of $______________ Initial Certificate Principal Balance of Mortgage Pass-Through Certificates, Series ________, Class R[-__] (the "Certificates"), pursuant to Section 5.02 of the Series Supplement, dated as of ________________, to the Standard Terms of Pooling and Servicing Agreement dated as of ________________ (together, the "Pooling and Servicing Agreement") among Residential Funding Mortgage Securities I, Inc., as seller (the "Company"), Residential Funding Corporation, as master servicer, and __________, as trustee (the "Trustee"). All terms used herein and not otherwise defined shall have the meanings set forth in the Pooling and Servicing Agreement. The Seller hereby certifies, represents and warrants to, and covenants with, the Company and the Trustee that:

  • Tax Payments Each Company shall be liable for and shall pay the Taxes allocated to it by this Section 2 either to the applicable Tax Authority or to the other Company in accordance with Section 4 and the other applicable provisions of this Agreement.

  • Income Tax Gross Up To the extent that any payments made by the Company to the Executive pursuant Sections 3(b)(ii)-(iv) or 3(f) of the Agreement are included in the Executive’s taxable compensation and are not otherwise deductible by the Executive under the Code, the Company shall pay the Executive a lump sum amount which shall, after payment of all applicable income taxes thereon, be sufficient to reimburse the Executive for any applicable income taxes imposed on such taxable compensation.

  • Taxes and Tax Returns (a) Each of Home and its Subsidiaries has duly and timely filed (taking into account all applicable extensions) all material Tax Returns that were required to be filed by it, and all such Tax Returns are true, correct and complete in all material respects. Neither Home nor any of its Subsidiaries is the beneficiary of any extension of time within which to file any material Tax Return (other than extensions to file Tax Returns obtained in the ordinary course of business). All material Taxes of Home and its Subsidiaries (whether or not shown on any Tax Returns) that are due have been fully and timely paid other than Taxes that have been reserved or accrued on the balance sheet of Home or its Subsidiaries or which Home and/or its Subsidiaries is contesting in good faith. Each of Home and its Subsidiaries has withheld and paid all material Taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, creditor, shareholder, independent contractor or other third party. Neither Home nor any of its Subsidiaries has granted any extension or waiver of the limitation period applicable to any material Tax that remains in effect. The federal income Tax Returns of Home and its Subsidiaries for all years to and including 2008 have been examined by the Internal Revenue Service (the “IRS”) or are Tax Returns with respect to which the applicable period for assessment under applicable law, after giving effect to extensions or waivers, has expired. Neither Home nor any of its Subsidiaries has received written notice of assessment or proposed assessment in connection with any Taxes, and there are no threatened in writing or pending disputes, claims, audits, examinations or other proceedings regarding any Tax of Home and its Subsidiaries or the assets of Home and its Subsidiaries. Home has made available to Cascade true and complete copies of any private letter ruling requests, closing agreements or gain recognition agreements with respect to Taxes requested or executed in the last six (6) years. Neither Home nor any of its Subsidiaries is a party to or is bound by any Tax sharing, allocation or indemnification agreement or arrangement (other than such an agreement or arrangement exclusively between or among Home and its Subsidiaries). Neither Home nor any of its Subsidiaries (i) has been a member of an affiliated group filing a consolidated federal income Tax Return (other than a group the common parent of which was Home) or (ii) has any liability for the Taxes of any person (other than Home or any of its Subsidiaries) under Treasury Regulation Section 1.1502-6 (or any similar provision of state, local or foreign law), as a transferee or successor, by contract or otherwise. Neither Home nor any of its Subsidiaries has been, within the past two (2) years or otherwise as part of a “plan (or series of related transactions)” within the meaning of Section 355(e) of the Code of which the Merger is also a part, a “distributing corporation” or a “controlled corporation” (within the meaning of Section 355(a)(1)(A) of the Code) in a distribution of stock intending to qualify for tax-free treatment under Section 355 of the Code. Neither Home nor any of its Subsidiaries has participated in a listed transaction within the meaning of Treasury Regulation Section 1.6011-4(b)(2) (or any predecessor provision), and neither Home nor any of its Subsidiaries has been notified of, or to the knowledge of Home or its Subsidiaries has participated in, a transaction that is described as a “reportable transaction” within the meaning of Treasury Regulation Section 1.6011-4(b)(1). At no time during the past five (5) years has Home been a United States real property holding corporation within the meaning of Section 897(c)(2) of the Code. There are no Liens for Taxes upon the assets of Home or any of its Subsidiaries other than Liens for current Taxes not yet due and payable. As of the date hereof, neither Home nor its Subsidiaries has knowledge of any conditions which exist or which may fail to exist that might prevent or impede the Merger from qualifying as a reorganization within the meaning of Section 368(a) of the Code. No claim has ever been made by any Governmental Entity in a jurisdiction where Home or a Home Subsidiary does not file Tax Returns that Home or such Subsidiary is or may be subject to taxation by that jurisdiction. Neither Home nor any of its Subsidiaries has filed an election under Section 338(g) or 338(h)(10) of the Code. Neither Home nor any of its Subsidiaries has agreed, nor is it required, to make any adjustment under Section 481(a) of the Code by reason of a change in accounting method or otherwise that will affect its liability for Taxes.

  • Ad Valorem Taxes Prior to delinquency, Tenant shall pay all taxes and assessments levied upon trade fixtures, alterations, additions, improvements, inventories and personal property located and/or installed on or in the Premises by, or on behalf of, Tenant; and if requested by Landlord, Tenant shall promptly deliver to Landlord copies of receipts for payment of all such taxes and assessments. To the extent any such taxes are not separately assessed or billed to Tenant, Tenant shall pay the amount thereof as invoiced by Landlord.

  • Operating Expenses Unless modified in accordance with Exhibit D, Landlord maintenance addendum, attached hereto, it is the intention of the parties and they hereby agree that this shall be a triple net Lease, and the Landlord shall have no obligation to provide any services, perform any acts or pay any expenses, charges, obligations or costs of any kind whatsoever with respect to the Premises, and Tenant hereby agrees to pay one hundred percent (100%) of any and all Operating Expenses as hereafter defined for the entire term of the Lease and any extensions thereof in accordance with specific provisions hereinafter set forth. The term Operating expenses shall include all costs to Landlord of operating and maintaining the Building and related parking areas, and shall include, without limitation, real estate and personal property taxes and assessments, management fee, heating, electricity, water, waste disposal, sewage, operating materials and supplies, service agreements and charges, lawn care, snow removal, restriping, repairs, repaving, cleaning and custodial, security, insurance, the cost of contesting the validity or applicability of any governmental acts which may affect operating expenses, and all other direct operating costs of operating and maintaining the Building and related parking areas, unless expressly excluded from operating expenses. Notwithstanding the foregoing, operating costs (and Tenant's obligations in relation thereto) shall not include (i) any expense chargeable to a capital account or capital improvement, ground leases; principal or interest payments on any mortgage or deed of trust on the premises; (ii) any amount for which Landlord is reimbursed through insurance, by third persons, or directly by other tenants of the premises, (iii) repair costs occasioned by fire, windstorm or other casualty, (iv) any construction, repair or maintenance expenses or obligations that are the sole responsibility of Landlord (not to be reimbursed by Tenant), (v) leasing commissions and other expenses incurred in connection with leasing any other area located on the premises to any other party, (vi) any expense representing an amount paid to an affiliate or subsidiary of Landlord which is in excess of the amount which would be paid in the absence of such relationship, and (vii) costs of items and services for which Tenant reimburses Landlord or pays third persons directly.

  • Taxes Other Than Income Taxes Upon the timely request by the Interconnection Customer, and at the Interconnection Customer’s sole expense, the CAISO or Participating TO may appeal, protest, seek abatement of, or otherwise contest any tax (other than federal or state income tax) asserted or assessed against the CAISO or Participating TO for which the Interconnection Customer may be required to reimburse the CAISO or Participating TO under the terms of this LGIA. The Interconnection Customer shall pay to the Participating TO on a periodic basis, as invoiced by the Participating TO, the Participating TO’s documented reasonable costs of prosecuting such appeal, protest, abatement, or other contest. The Interconnection Customer, the CAISO, and the Participating TO shall cooperate in good faith with respect to any such contest. Unless the payment of such taxes is a prerequisite to an appeal or abatement or cannot be deferred, no amount shall be payable by the Interconnection Customer to the CAISO or Participating TO for such taxes until they are assessed by a final, non-appealable order by any court or agency of competent jurisdiction. In the event that a tax payment is withheld and ultimately due and payable after appeal, the Interconnection Customer will be responsible for all taxes, interest and penalties, other than penalties attributable to any delay caused by the Participating TO.

  • Direct Expenses 1. Fees and expenses of its directors (including the fees of those directors who are deemed to be "interested persons" of the Fund as that term is defined in the Investment Company Act of 1940) and the meetings thereof;

  • Property Taxes Landlord shall pay, prior to delinquency, all general real estate taxes and installments of special assessments coming due during the Lease term on the Leased Premises, and all personal property taxes with respect to Landlord's personal property, if any, on the Leased Premises. Tenant shall be responsible for paying all personal property taxes with respect to Tenant's personal property at the Leased Premises.

  • Sales Taxes The Seller shall bear and pay, and shall reimburse the Purchaser and the Purchaser’s affiliates for, any sales taxes, use taxes, transfer taxes, documentary charges, recording fees or similar taxes, charges, fees or expenses that may become payable in connection with the sale of the Assets to the Purchaser or in connection with any of the other Transactions.

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