Common use of Calculation & Allocation of State Tax Liability Clause in Contracts

Calculation & Allocation of State Tax Liability. The state and/or local income or franchise tax of each Includible Corporation shall be determined as if each Includible Corporation were filing on a separate company basis.

Appears in 5 contracts

Samples: Tax Sharing Agreement (Nationwide Life Ins Co), Tax Sharing Agreement (Nationwide Life Insurance Co), Tax Sharing Agreement (Nationwide Life Insurance Co)

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Calculation & Allocation of State Tax Liability. The state and/or and / or local income or franchise tax of each Includible Corporation shall be determined as if each Includible Corporation were filing on a separate company basis.

Appears in 1 contract

Samples: Tax Sharing Agreement (Nationwide Financial Services Inc/)

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