Federal Income Tax Relating to Joint Returns. (a) Spinco shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) which Taxes are attributable to the Spinco Business for all Pre-Distribution Periods. (b) KAR shall pay and be responsible for any and all Federal Income Taxes due with respect to or required to be reported on any Joint Return (including any increase in such Tax as a result of a Final Determination) other than those Federal Income Taxes described in Section 2.2(a) for all Pre-Distribution Periods.
Appears in 4 contracts
Samples: Tax Matters Agreement (IAA, Inc.), Tax Matters Agreement (KAR Auction Services, Inc.), Tax Matters Agreement (IAA Spinco Inc.)
