Carryback Period definition

Carryback Period shall have the meaning set forth in Section 4.02.
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Carryback Period has the meaning set forth in Section 4.02 of this Agreement.
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Carryback Period shall have the meaning set forth in Section 3.05.
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Examples of Carryback Period in a sentence

  • As a result of this provision, taxpayers take into account such NOLs in the earliest taxable year in the Carryback Period, carrying forward unused amounts to each succeeding taxable year.

  • CRS Report RL34535, Net Operating Losses: Proposed Extension of Carryback Period, by Mark P.

  • For additional background information, see CRS Report RL34535, Net Operating Losses: Proposed Extension of Carryback Period, by Mark P.

  • As a result, the asymmetries between various entity types may be exacerbated.99 For every extra movement of risk taking, innovation or investment that occurs in corporations, there may be one less act of such nature in other entity types, as asymmetries of the Length of the Tax-Loss Carryback Period on Tax Receipts and Corporate Marginal Tax Rates’ (2009) 62(3) National Tax Journal 413.

  • The CARES Act provided for a carryback of any net operating loss (NOL) arising in a taxable year beginning after December 31, 2017, and before January 1, 2021, to each of the five taxable years preceding the taxable year in which the loss arises (Carryback Period).

  • A Subsidiary’s allocation of Consolidated Tax under Step 3 may not exceed the excess, if any, of (a) the aggregate Separate Return Tax of the Subsidiary for the Carryback Period (including the current year), determined as if the Subsidiary had filed separate returns, over (b) the total amount of Consolidated Tax allocated to the Subsidiary for the Carryback Period (except the current year).

  • M Cooper & C Boynton, ‘The Impact of Changing the Corporate Net Operating Loss Carryback Period: Using Data from the SOI-OTA Corporate Tax Adjustment History Master File.’ (2003) Proceedings of Annual Conference on Taxation and Minutes of the Annual Meeting of the National Tax Association 231.

  • The CARES Act provided for a carryback of any net operating loss (NOL) arising in a taxable year beginning after December 31, 2017 and before January 1, 2021, to each of the five taxable years preceding the taxable year in which the loss arises (Carryback Period).

  • The relevant features of these contracts and policies will be described as they arise in the analysis of the legal questions presented.After the accident, Ayotte and his wife filed suit in Rhode Island state court against United Rentals, Gomes, and others.1 Ayotte ex.

  • CRS Report RL34535, Net Operating Losses: Proposed Extension of Carryback Period, by (name redacted), p.


More Definitions of Carryback Period

Carryback Period means the taxable periods to which a Carryback Item can be applied.
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Carryback Period has the meaning set forth in Section 5.5(a) of this Agreement.
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Carryback Period has the meaning ascribed to it in Section 9.02(h). ----------------
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Related to Carryback Period

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Carryback means any net operating loss, net capital loss, excess tax credit, or other similar Tax item which may or must be carried from one Tax Period to another Tax Period under the Code or other applicable Tax Law.

  • Pre-Deconsolidation Period means any taxable period beginning on or prior to the applicable Deconsolidation Date.

  • Holdback Period has the meaning set forth in Section 3(a).

  • Taxable Period means any taxable year or other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • Overlap Period means any taxable year or other taxable period beginning on or before and ending after the Closing Date.

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Clawback Period means, with respect to any Accounting Restatement, the three completed fiscal years of the Company immediately preceding the Restatement Date (as defined below), and if the Company changes its fiscal year, any transition period of less than nine months within or immediately following those three completed fiscal years.

  • Post-Deconsolidation Period means any taxable period beginning after the date of a Deconsolidation Event.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Post-Distribution Tax Period means a Tax period beginning and ending after the Distribution Date.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Post-Closing Straddle Period means the portion of a Straddle Period beginning the day after the Closing Date.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Net Termination Loss means, for any taxable year, the sum, if negative, of all items of income, gain, loss or deduction recognized by the Partnership (a) after the Liquidation Date or (b) upon the sale, exchange or other disposition of all or substantially all of the assets of the Partnership Group, taken as a whole, in a single transaction or a series of related transactions (excluding any disposition to a member of the Partnership Group). The items included in the determination of Net Termination Loss shall be determined in accordance with Section 5.5(b) and shall not include any items of income, gain or loss specially allocated under Section 6.1(d).

  • Straddle Period means any Tax period beginning before or on and ending after the Closing Date.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.

  • Tariff period means the period for which tariff is to be determined by the Commission on the basis of norms specified under these Regulations;

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.