Tax Depreciation for any fiscal year shall mean the amount of depreciation, cost recovery or other amortization deductions allowable to the Partnership for Federal income tax purposes for such year.
Tax Depreciation means with respect to any property owned by the Partnership depreciation, accelerated cost recovery, or modified cost recovery, and any other amortization or deduction allowed or allowable for federal, state or local income tax purposes.
Tax Depreciation is defined in Exhibit C.
Examples of Tax Depreciation in a sentence
However, EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) results improve as the operating expense is now replaced by interest expense and depreciation in profit or loss.
However EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) results will be improved as the operating expense is replaced by interest expense and depreciation in profit or loss under AASB 16.
However, EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) results will be improved as the operating expense is replaced by interest expense and depreciation in profit or loss under AASB 16.
The Present Value of Tax Depreciation Amount shall be computed by discounting AEP’s anticipated tax depreciation deductions with respect to the constructed property by AEP’s current weighted average cost of capital.
For a reconciliation from Adjusted EBITDA to the most directly comparable measures calculated in accordance with IFRS refer to “Reconciliation of Net Earnings to Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) and Adjusted EBITDA”.
More Definitions of Tax Depreciation
Tax Depreciation means, for any allocation period, an amount equal to the depreciation, amortization, and other cost recovery deductions allowable for Federal income tax purposes with respect to an asset or other capitalized amount for such allocation period (regardless of whether such depreciation, amortization, or other cost recovery deductions arise from the common tax basis of Partnership property or the tax basis of Partnership property attributable to a particular Partner because of a Code Section 754 election or otherwise); provided, however, that if the book value of an asset differs from its adjusted tax basis at the beginning of such allocation period, Tax Depreciation for that asset shall be an amount that bears the same ratio to such beginning book value as the Federal income tax depreciation, amortization, or other cost recovery deduction for that asset for such allocation period bears to such beginning adjusted tax basis; provided, further, however, that if the adjusted tax basis of an asset at the beginning of such allocation period is zero, Tax Depreciation for that asset shall be determined with reference to the appropriate Federal income tax recovery period.
Tax Depreciation shall be the applicable AMT depreciation schedule for the Coke Plant. “Excess Production (Tons) and Excess Production Discount” shall equal *****.
Tax Depreciation means with respect to any property owned by the Company depreciation, accelerated cost recovery, or modified cost recovery, and any other amortization or deduction allowed or allowable for federal, state or local income tax purposes.
Tax Depreciation means depreciation determined in accordance with clause 4.1(3)(b) of the IM determination;tax expense means:in respect of airport business––GAAP or airport company financial results, tax as determined in accordance with GAAP;in respect of an airport business, the regulatory tax allowance;tax losses (regulated business) means the value of calculated using the following formula: = where: = tax losses (regulated business) for the previous disclosure year; = current year tax losses; and = tax losses used, and where in the initial disclosure year, tax losses (regulated business) for the previous disclosure year is zero;tax losses used means the lesser of tax losses (regulated business) for the previous disclosure year and the regulatory taxable income;
Tax Depreciation means, for each Partnership Year or other applicable period, an amount equal to the Federal income tax depreciation, amortization or other cost recovery deduction allowable with respect to an asset for such year or other period, except that if the Gross Asset Value of an asset differs from its adjusted basis for Federal income tax purposes at the beginning of such year or other period, Tax Depreciation shall be in an amount that bears the same ratio to such beginning Gross Asset Value as the Federal income tax depreciation, amortization or other cost recovery deduction for such year or other period bears to such beginning adjusted tax basis; provided, however, that if the Federal income tax depreciation, amortization or other cost recovery deduction for such year or period is zero, Tax Depreciation shall be determined with reference to such beginning Gross Asset Value using any reasonable method selected by the General Partner.
Tax Depreciation means the deduction or allowance for depreciation, depletion or amortization (as the case may be) that shall be allowable for federal income tax purposes to the Partnership with respect to an item of Partnership property.
Tax Depreciation means for each Partnership Fiscal Year or other period, an amount equal to the depreciation, amortization or other cost recovery deduction allowable with respect to an asset for such year or other period for Federal income tax purposes. CAPITAL ACCOUNT MAINTENANCE RULES