Certain Tax Position definition
Certain Tax Position means any Tax position taken on a Tax Return with respect to which an internationally recognized major law or accounting firm would provide a “should” level tax opinion that such position is consistent with applicable Law.
Examples of Certain Tax Position in a sentence
Not less than sixty (60) days prior to the due date of each Pre-Closing Seller Tax Return required to be filed by Purchaser after the Closing Date, Seller shall provide Purchaser with written notice of any Tax position it expects to take on such Tax Return that Seller does not in good faith believe is a Certain Tax Position.
Not less than sixty (60) days prior to the due date of each Straddle Period Purchaser Tax Return, Purchaser shall provide Seller with written notice of any Tax position it expects take on such Tax Return that Purchaser does not in good faith believe is a Certain Tax Position.