Adjusted federal taxable income definition

Adjusted federal taxable income means a C corporation’s federal taxable income before net operating losses and special deductions as determined under the Internal Revenue Code, adjusted as follows:

Adjusted federal taxable income means a “C” corporation’s federal taxable income before net operating losses and special deductions as determined under the Internal Revenue Code, but including subsequent adjustments from required additions and deductions. Pass-through entities must compute “Adjusted Federal Taxable Income” as if the pass-through entity was a “C” corporation. This definition does not apply to any taxpayer required to file a return under Ohio Revised Code (ORC) section 5745.03 or to the net profit from a sole proprietorship. This definition is effective for tax years beginning on or after January 1, 2004.

Adjusted federal taxable income means a C corporation’s federal taxable income before net operating losses and special deductions as determined under the Internal Revenue Code, but including subsequent adjustments from required additions and deductions. Pass-through entities must compute adjusted federal taxable income as if the pass-through entity was a C corporation. This definition does not apply to any taxpayer required to file a

Examples of Adjusted federal taxable income in a sentence

• MTI = ((AFTI – New NOL) x AF) – Old NOL Adjusted Federal Taxable Income – R.C. 718.81(B) Adjusted federal taxable income means federal taxable income before net operating losses and special deductions as adjusted under R.C. 718.81(B).Apportionment Factor – R.C. 718.82(A)Net profit from a business conducted in one or more municipal corporations shall be sitused to a municipal corporation using a three‐factor apportionment formula.

• Adjusted federal taxable income," for a person required to file as a C corporation, or for a person that has elected to be taxed as a C corporation under division (D)(5) of this section, means a C corporation's federal taxable income before net operating losses and special deductions as determined under the Internal Revenue Code, adjusted as follows: (1) Deduct intangible income to the extent included in federal taxable income.

More Definitions of Adjusted federal taxable income

Adjusted federal taxable income means federal taxable income adjusted as follows:

Adjusted federal taxable income means the taxpayer's taxable income, as determined for federal income taxes under the provisions of the Internal Revenue Code, with the following additions and deductions:

Adjusted federal taxable income means a C corporation's 170

Adjusted federal taxable income means a C corporation's federal taxable income before net operating losses and special deductions as

Adjusted federal taxable income means a “C” corporation’s federal taxable income before net operating losses and special deductions as determined under the Internal Revenue Code, but including subsequent adjustments from required additions and deductions. Pass-through entities must

Adjusted federal taxable income means a “C” corporation’s federal taxable income before net operating losses and special deductions as determined under the Internal Revenue Code, but including subsequent

Adjusted federal taxable income means the ordinary business income (as would be reported on Form 1065, U.S. Return of Partnership Income) of ASA Biofuels (1) reduced by an amount equal to (w) any federal tax credits (including any minimum tax credits determined as if ASA Biofuels were a standalone corporation) to which ASA Biofuels or any Borrower will be entitled for the Fiscal Year in which such Fiscal Quarter occurs divided by (x) the Applicable Tax Rate, (2) further reduced by the ordinary business loss (as reported on Form 1065, U.S. Return of Partnership Income) of ASA Biofuels for any prior Fiscal Quarter other than ordinary business losses previously taken into account under this provision, (3) further reduced by an amount equal to the