Allocation of Tax Relating to Federal Separate Income Tax Returns. (i) UTC shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any UTC Separate Return; (ii) Carrier shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Carrier Separate Return; and (iii) Otis shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Otis Separate Return; in each case, including any increase in such Tax as a result of a Final Determination.
Appears in 4 contracts
Samples: Tax Matters Agreement (Otis Worldwide Corp), Tax Matters Agreement (Carrier Global Corp), Tax Matters Agreement (Otis Worldwide Corp)
Allocation of Tax Relating to Federal Separate Income Tax Returns. (i) UTC shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any UTC Separate Return; (ii) Carrier shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Carrier Separate Return; and (iii) Otis shall be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Otis Xxxx Separate Return; in each case, including any increase in such Tax as a result of a Final Determination.
Appears in 3 contracts
Samples: Tax Matters Agreement (Raytheon Technologies Corp), Tax Matters Agreement (Otis Worldwide Corp), Tax Matters Agreement (Carrier Global Corp)
