Current taxable year definition

Current taxable year means the taxable year for which the
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Current taxable year means, as to Colt or any of its Subsidiaries (or, as applicable, as to any Colt Consolidated Group) and as to any Tax, the Taxable year in which the Transactions occur. If the Current Taxable Year is a Straddle Period, then the Current Taxable Year shall refer to the portion of the Straddle Period that is a Pre-Closing Period.
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Current taxable year means the applicant's taxable year for state income tax purposes as of the last day to submit an application during the application period.
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Examples of Current taxable year in a sentence

  • Section 6.1 Tax Indemnification 83 Section 6.2 Closing of Current Taxable Year, Etc.

  • Buyer shall not file any amended tax return or other return based on income or net worth required by a federal, state or local taxing authority for any REIT Seller Sub for the Current Taxable Year and any taxable period ending on or prior to the Adjustment Point, without the express written consent of REIT Seller, if such amended return would result in an increased tax liability to REIT Seller or its ultimate beneficial owners.

  • The REIT II Sellers shall promptly inform the Buyer of any audit, examination or proceeding by any Governmental Authority of any Tax Return relating to the Current Taxable Year or any prior taxable year of REIT II.


More Definitions of Current taxable year

Current taxable year means the taxable year for which the exemption under this Section is being applied.
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Current taxable year means the taxable year Eor which the
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Related to Current taxable year

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Taxable means either:

  • Taxable Period means any taxable year or other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Tax Benefit Payment is defined in Section 3.1(b) of this Agreement.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Post-Distribution Tax Period means a Tax period beginning and ending after the Distribution Date.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Base taxable value means the agreed value specified in a resolution or interlocal agreement under Subsection 17C-1-102(8) from which tax increment will be collected.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Taxable Wage Base means the contribution and benefit base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Tax 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.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Post-Deconsolidation Period means any taxable period beginning after the date of a Deconsolidation Event.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Tax Benefit means any refund, credit, or other reduction in otherwise required Tax payments.

  • Taxable Date means the date as of which interest on the Bonds is first includible in gross income of the Owner (including, without limitation, any previous Owner) thereof as a result of an Event of Taxability.