Tax Status of Holdings. Holdings is taxed as a corporation for U.S. federal income tax purposes. Holdings always has been taxed as a corporation since its inception and will be taxed as a corporation upon the Closing Date.
Appears in 5 contracts
Samples: Merger Agreement (AIRO Group, Inc.), Merger Agreement (AIRO Group, Inc.), Merger Agreement (AIRO Group, Inc.)
Tax Status of Holdings. Holdings is taxed as a corporation for U.S. federal income tax purposes. Holdings always has been taxed as a corporation since its inception and will be taxed as a corporation upon the Closing Date.
Appears in 3 contracts
Samples: Merger Agreement (GigCapital2, Inc.), Merger Agreement (GigCapital2, Inc.), Merger Agreement (GigCapital2, Inc.)