Common use of Federal Tax Clause in Contracts

Federal Tax. The Assessed Penalty, including any additional costs incurred under Paragraphs 4.20.1 and 4.20.2, represents an administrative civil penalty assessed by EPA and shall not be deductible for purposes of federal taxes. 26 U.S.C § 162(f).

Federal Tax. The Assessed Penalty, including any additional costs incurred under Paragraphs 4.20.1 4.6.1 and 4.20.24.6.2, represents an administrative civil penalty assessed by EPA and shall not be deductible for purposes of federal taxes. 26 U.S.C § 162(f).

Federal Tax. The Assessed Penalty, including any additional costs incurred under Paragraphs 4.20.1 and 4.20.2Paragraph 4.20, represents an administrative civil penalty assessed by EPA and shall not be deductible for purposes of federal taxes. 26 U.S.C § 162(f).