Calculation & Allocation of Federal Tax Liability. The federal income tax liability of each Subsidiary shall be determined pursuant to the principles used to determine earnings and profits under Code §1552(a)(2) and Treasury Regulation §1.1.502-33(d)(3) using a fixed percentage of one hundred, but without regard to the provisions of Code §55 (Alternative Minimum Tax).
Appears in 3 contracts
Samples: Tax Sharing Agreement (Nationwide Life Ins Co), Tax Sharing Agreement (Nationwide Life Insurance Co), Tax Sharing Agreement (Nationwide Life Insurance Co)
Calculation & Allocation of Federal Tax Liability. The federal income tax liability of each Subsidiary shall be determined pursuant to the principles used to determine earnings and profits under Code §1552(a)(2) and Treasury Regulation §1.1.5021.1502-33(d)(3) using a fixed percentage of one hundred, but without regard to the provisions of Code §55 (Alternative Minimum Tax).
Appears in 2 contracts
Samples: Tax Sharing Agreement (Nationwide Financial Services Inc/), Tax Sharing Agreement (Nationwide Financial Services Inc/)
Calculation & Allocation of Federal Tax Liability. The federal income tax liability of each Subsidiary shall be determined pursuant to the principles used to determine earnings and profits under Code §1552(a)(2) and Treasury Regulation §1.1.502l.l502-33(d)(3) using a fixed percentage of one hundred, but without regard to the provisions of Code §55 (Alternative Minimum Tax).
Appears in 1 contract
Samples: Tax Sharing Agreement (Nationwide Life Insurance Co)
