Earnings and Profits. The Federal Income Tax liability of the Consolidated Group shall, for purposes of determining the earnings and profits of each member, be allocated in accordance with the methods prescribed in Treasury Regulation section 1.1552-1(a)(2) and Treasury Regulation section 1.1502-33(d)(2)(ii) (using 100% as the fixed percentage).
Appears in 4 contracts
Samples: Tax Agreement (Expressjet Holdings Inc), Tax Agreement (Expressjet Holdings Inc), Tax Agreement (Expressjet Holdings Inc)