Taxes payable means any amount referred to in subparagraphs “c” and “d” above.
Taxes payable means any amount referred to in paragraphs 7.30(1)“c” and “d” above.
Taxes payable means any current Liabilities for Income Taxes of the Company and any of its Subsidiaries, but excluding, for the avoidance of doubt, (i) any deferred Tax Liabilities solely to the extent relating to temporary differences between financial and tax accounting and excluding, for the avoidance of doubt, any current deferred cash Tax liabilities (other than any prepaid amount), (ii) any Deferred Taxes and (iii) any Liabilities for non-Income Taxes included in the calculation of Net Working Capital.
Examples of Taxes payable in a sentence
Accrued Taxes Payable: Federal, State and FICA tax withheld; unemployment taxes; disabilities insurance and employer’s share of FICA tax.
Secured Debt and Taxes Payable included property taxes owed on the buildings that were collected at closing.2The Schedule Amount for Item 26.
The Philippines, an “islands” nation, is clearly a climate hotspot.
Buckminsterfullerene was discovered by Sir Harold Kroto in the UK and Richard E.
Summary of Taxes Payable (Page 17)In the summary section, bring forward the amounts of Income Tax, Corporate Minimum Tax, Capital Tax and Premium Tax and enter the total on page 17, line [950].
More Definitions of Taxes payable
Taxes payable means, as of the Closing Date, and without duplication, an aggregate amount (which aggregate amount computed with respect to all jurisdictions shall not be less than zero in the aggregate, but can, for clarity’s sake, be less than zero with respect to any given jurisdiction) equal to the aggregate unpaid income and withholding Taxes of the Purchased Entities attributable to any Pre-Closing Tax Period that ends on the Closing Date or any other Pre-Closing Tax Period (or portion thereof) that includes the Closing Date, in each case, only with respect to jurisdictions in which the applicable Purchased Entity filed a Tax Return for income Taxes for the 2020 Tax year and any jurisdiction in which the Purchased Entity, as applicable, first becomes required to file a Tax Return for income or withholding Taxes as a result of actions or transactions taken or entered into after December 31, 2020 and prior to the Closing; provided that the calculation of Taxes Payable shall (a) be prepared in accordance with the past practices (including reporting positions, elections, jurisdictions, and accounting and valuation methods) of the Purchased Entities, (b) exclude (i) any deferred Tax liabilities, (ii) any liabilities in respect of any speculative or contingent liabilities for Taxes or with respect to uncertain Tax positions, (iii) any Tax liabilities to the extent resulting from actions taken by the Purchased Entities, the Buyer, any Other Buyer, or any of their respective Affiliates on the Closing Date after the Closing (or which are effective on the Closing Date after the Closing) not contemplated by this Agreement and outside the ordinary course of business, (iv) any Tax liabilities to the extent resulting from any financing or refinancing arrangements entered into at any time by or at the direction of Buyer, any Other Buyer or any of their Affiliates in connection with the transactions contemplated hereby, (v) any income or withholding Tax liabilities otherwise reflected on a full dollar basis in the Final Consideration, and (vi) any election made after the Closing that increases the amount of income realized in (or Tax payable for) a Pre-Closing Tax Period (other than any election that is otherwise permitted under clause (a)), (c) take into account estimated (or other prepaid) Tax payments and any overpayments of Taxes, net operating losses, Tax credits, Tax amortization, and other, similar Tax assets, deductions (including, for the avoidance of doubt, the deduction...
Taxes payable means outstanding amounts of taxes payable other than relating to taxes payable on dividends, including tax penalties and interest. For the avoidance of doubt, Taxes payable shall be increased by amounts calculated on an accruals basis for the period between the date of the end of the latest reporting (tax) period and the Completion Date (in case the Completion date does not fall on the end of the reporting (tax) period). The calculation of these additional tax liabilities will be simplified and will be based on the Russian accounting data only for the period between the end of the respective reporting (tax) period and Completion Date and may not be fully compliant with all requirements for tax calculation provided by tax law.
Taxes payable means any unpaid Taxes of the Company or any Company Subsidiary as of the Closing Date (net of any prepayments of estimated payments).
Taxes payable means any and all unpaid and payable income, franchise or sales Taxes of the Corporations as of the Closing Date, including any built-in gain tax as a result of the transactions contemplated by this Agreement. The Purchase Price Calculation Statement sets forth the Taxes Payable (indicating the amount of each individual component of Taxes Payable and the Person or Governmental Authority to whom such Taxes Payable is owed).
Taxes payable means the aggregate amount of all Taxes that are liabilities of and payable by the Companies and the Subsidiaries with respect to any taxable period or portion thereof ending on or prior to the Closing Date that remain unpaid as of the Closing (and all Company payroll Taxes arising as a result of the transactions contemplated by this Agreement, whether before, on or after the Closing Date, and any and all payroll Taxes deferred pursuant to the Coronavirus Aid, Relief, and Economic Security Act, the Families First Coronavirus Response Act or federal executive order). Taxes Payable (a) shall exclude any Specified State Taxes, (b) may not be less than zero, (c) shall exclude Tax receivables (and there shall be no netting or offsetting of refunds or credits against Taxes Payable; provided, however, for the avoidance of doubt, Taxes Payable shall reflect any advance payments of Taxes or payments of estimated Taxes), and
Taxes payable means all Taxes of each of MMG and MMC accrued in respect of any period ending prior to or on the Closing Date, calculated on an accrual basis in accordance with the Accounting Principles, and excluding future or deferred income taxes recorded for accounting purposes only;
Taxes payable shall have the meaning given such term in Section 4.7 of the Participation Agreement.