Common use of Allocation of State Income Taxes Relating to Separate Returns Clause in Contracts

Allocation of State Income Taxes Relating to Separate Returns. (i) Parent shall be responsible for any and all State Income Taxes due with respect to or required to be reported on any Parent Separate Return (including any increase in such Taxes as a result of a Final Determination); and (ii) SpinCo shall be responsible for any and all State Income Taxes due with respect to or required to be reported on any SpinCo Separate Return (including any increase in such Taxes as a result of a Final Determination).

Appears in 3 contracts

Samples: Tax Matters Agreement (Zimmer Biomet Holdings, Inc.), Tax Matters Agreement (ZimVie Inc.), Tax Matters Agreement (ZimVie Inc.)

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Allocation of State Income Taxes Relating to Separate Returns. (i) Parent shall be responsible for any and all State Income Taxes due with respect to or required to be reported on any Parent Separate Return (including any increase in such Taxes as a result of a Final Determination); and (ii) SpinCo shall be responsible for any and all State Income Taxes due with respect to or required to be reported on any SpinCo Separate Return (including any increase in such Taxes Tax as a result of a Final Determination).

Appears in 1 contract

Samples: Tax Matters Agreement (Amazon Holdco Inc.)

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