Returns and Information. The Company shall timely file all returns of the Company that are required for federal, state and local income tax purposes on the basis of the accrual method and a taxable year ending on December 31. The tax information reasonably required by Record Holders for federal and state income tax reporting purposes with respect to a taxable year shall be furnished to them within 90 days after the close of the calendar year in which the Company’s taxable year ends. The classification, realization and recognition of income, gain, losses and deductions and other items shall be on the accrual method of accounting for federal income tax purposes.
Returns and Information. 11.2.1 All registrations, returns, computations, notices and information which are or have been required to be made or given in the previous twelve months by each Group Company for any Taxation purpose (i) have been made or given on a proper basis and are up-to-date and correct and (ii) no written notice has been received by any Group Company of any dispute with any Tax Authority.
11.2.2 Each Group Company has maintained all records required to be maintained for Taxation purposes or which may be required to calculate any Taxation payable or the amount of any Taxation Benefit.
Returns and Information. All registrations, returns, computations, notices and information which are or have been required to be made or given by each Group Company for any Taxation purpose have been made or given within the requisite periods and on a proper basis and are up-to-date and correct in all material respects.
Returns and Information. All returns, computations and notices which are or have been required to be made or given by the Company for any Taxation purpose (i) have been made or given within reasonable time and on a proper basis and are up-to-date and correct; (ii) none of them is, or is likely to be, the subject of any dispute with the Taxation authorities.
Returns and Information. The General Partner shall prepare all Federal, State, and local income and other tax returns which the Fund is required to file and shall furnish such returns to the Partners, together with a copy of each Partner's Schedule K-1.
Returns and Information. (a) All registrations, returns and computations which are or have been required to be made or given on or before the date of this Agreement by any Group Company for any Taxation purpose (i) have been made or given within the requisite periods (ii) so far as the Vendor is aware, none of them is or is likely to be the subject of any material dispute with any Tax Authority.
Returns and Information. To Seller's knowledge, all returns, computations, notices, information under the applicable mandatory laws and records which are or have been required to be maintained, filed, made or given by or with respect to each Wholly Owned Company or for any Taxation purpose have been made, filed or given within the requisite periods and on a proper basis and are up-to-date and correct.
Returns and Information. 14.2.1 All material registrations, returns, computations, notices and information which are or have been required to be made or given by each Group Company for any Taxation purpose have been made or given within the requisite periods and on a proper basis and are up-to-date and correct, and no Group Company has incurred any material penalty in respect of Tax.
14.2.2 All Tax due and owing by any Group Company as at 31 December 2009 (whether or not shown on a Tax Return) has been paid or, to the extent required by law or applicable accounting practice, provided for in full in the Nigeria 2009 Accounts or the Norway 2009 Accounts, as the case may be.
14.2.3 No Group Company has waived any statute of limitations in respect of Tax or voluntarily agreed to an extension of time with a Tax Authority with respect to a Tax assessment or deficiency.
14.2.4 No Group Company is party to or bound by any Tax sharing agreement, Tax indemnity obligation, group relief agreement or similar contract or practice with respect to Taxes and no Group Company has ever been a member of a Tax Consolidation (as defined for the purpose of the Tax Deeds).
14.2.5 Neither the execution of this Agreement nor Closing shall result in or give rise to any material liability for Tax for any Group Company.
Returns and Information. All registrations, returns and computations which are or have been required to be filed, made or given on or before the date of this Agreement by each Target Company or any consolidated, combined, affiliated, unitary or similar group that includes a Target Company (to the extent it relates to any Target Company) for any Taxation purpose (i) have been properly made or given within the requisite periods and (ii) so far as the Principal Vendor is aware, are not and are not likely to be the subject of any material dispute with any Tax Authority. All such registrations, returns and computations reflect in all material respects the liability for Taxes and all other information required to be included in therein. All Taxes shown as due and payable on such Tax Returns have been timely paid in full or will be timely paid in full by the due date thereof so far as the same require to be paid on or before the relevant Completion Date for the relevant Target Company. To the extent that the following Warranties 7.1.1, 7.1.2 and 7.1.3 below relate to Business Assets and to the extent only that a breach of the following Warranties 7.1.1, 7.1.2 and 7.1.3 below may result in the imposition of an Encumbrance on any of the Business Assets or impose a Liability on the Purchaser.
7.1.1 all registrations, returns and computations which are or have been required to be filed, made or given on or before the date of this Agreement have been properly made or given within the requisite periods, and so far as the Principal Vendor is aware, are not and are not likely to be the subject of any material dispute with any Tax Authority;
7.1.2 all such registrations, returns and computations reflect in all material respects the liability for Taxes and all other information required to be included therein; and
7.1.3 all Taxes shown are due and payable on such Tax Returns have been timely paid in full or will be timely paid in full by the date thereof.
Returns and Information. (a) All registrations, returns, computations, accounts, notices, reports and information which are or have been required to be made or given by the Company for any Taxation purpose (i) have been made or given within the requisite periods and on a proper basis and are up-to-date and correct in all material respects and (ii) were when made complete and accurate in all material respects and (iii) none of them is, or, so far as CK Witco is aware, is likely to be, the subject of any dispute or disagreement with any Taxation Authority.
(b) None of the Taxation returns or other filings that include the operations of the Company, or of any group, organschaft or fiscal unity (as defined for any Taxation purpose) of which the Company is or has been a member, has, within the past 10 years been audited (other than by way of an audit which is of a routine nature in the country in which the Company is incorporated) or investigated by any Taxation authority and that Company has received no notice that any such audit (other than by way of an audit which is of a routine nature in the country in which the Company is incorporated) or investigation is or may be undertaken and so far as CK Witco is aware no facts exists which would constitute grounds for any liability or assessment of any material amount of additional Taxation by any Taxation Authority with respect to the taxable years or periods covered in such Taxation returns and filings.
(c) No material issues have been raised in any examination or review by any Taxation Authority with respect to the businesses and operations of the Company which, by application of similar principles, reasonably could be expected to result in a proposed adjustment to the liability for Taxation for any other taxable period not so examined or reviewed.
(d) The Company has not within the period of three years ending on the date of this Agreement paid or become liable to pay any penalty, fine, surcharge, interest or similar payment of a material amount in respect of or relating to any Taxation or any failure to comply with any obligation relating to Taxation and, so far as CK Witco is aware there are no facts which are likely to cause it to become liable to any such penalty, fine, surcharge, interest or similar amount.
(e) The Company has maintained all material information and records which it is required to maintain for any Taxation purpose and the Company is in possession of sufficient information to enable it to calculate any present or, s...
