Combined Return Year definition

Combined Return Year means any Taxable year or portion thereof of the Combined Return Period.
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Combined Return Year means, with respect to the Franchise Tax, a period for which Cheniere and the Partnership are required to file a Combined Return.
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Combined Return Year means, with respect to the Texas franchise tax, a period for which Cheniere and Liquefaction are required to file a Combined Return.
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Examples of Combined Return Year in a sentence

  • The NEP Member shall promptly pay over to the Company (subject to deduction by the NEP Member for any amount owed under this paragraph by the Company to the NEP Member) any refunds of Texas franchise taxes to which the Company and/or such Subsidiaries would be entitled with respect to a Texas Combined Return Year determined as if the Company and such Subsidiaries had filed a Texas franchise tax return on a standalone basis for the applicable Texas Combined Return Year.

  • For each Texas Combined Return Year, the NEP Member shall, to the fullest extent permitted by law, indemnify and hold the Company and such Subsidiaries harmless on an after-tax basis from any liability for Texas franchise tax for the year, interest and penalties for the year, and all related costs and expenses (including reasonable attorneys’ fees and expenses); provided, that the foregoing indemnification shall not relieve the Company of its obligations under the first sentence of this paragraph.

  • The Company shall pay the Reimbursement Amount to the Reporting Member for the applicable Texas Combined Return Year no later than the time at which Company would have been required to make payment to the Texas tax authorities in respect of Texas franchise tax if it was not included in such combined return, including payments made at the time of a request for extension, when a return is ultimately filed or, if required by the appropriate taxing authority of Texas, upon audit of the Reporting Member.

  • This obligation applies to all Tax Returns for any Consolidated Return Year or Combined Return Year even if such Return is filed after ATT is no longer a member of the Affiliated Group or the Combined Group.

  • ATT shall be responsible for filing all Tax Returns for the ATT Subgroup for any Taxable year or portion thereof that is not a Consolidated Return Year or Combined Return Year, as the case may be.

  • ATT hereby consents to the filing of Combined Returns by B/E Aerospace on behalf of the Combined Group, including ATT and the ATT Subgroup, for each Combined Return Year, and to any applications for extensions of time to file such Returns, which B/E Aerospace in its sole judgment shall make to the applicable Taxing Authorities.

  • Notwithstanding Sections 3.1 and 4.1 of this TSA, Cheniere shall have the right to assess Liquefaction its share of estimated Combined Tax Liability with respect to the projected Pro Forma Separate Company Tax Liability for each Combined Return Year, and Liquefaction shall pay the amount of such assessment to Cheniere within 30 days after such assessment if Cheniere, in its sole discretion, demands such payment.

Related to Combined Return Year

  • Combined Return means any Tax Return (other than for Federal Income Taxes) filed on a consolidated, combined (including nexus combination, worldwide combination, domestic combination, line of business combination or any other form of combination), unitary or Group Relief basis that includes activities of members of the ESG Group or the KBR Group, or both, as the case may be.

  • Consolidated Return means any Tax Return relating to Income Taxes filed pursuant to Section 1502 of the Code, or any comparable combined, consolidated, or unitary group Tax Return relating to Income Taxes filed under state or local tax law which, in each case, includes IDT and at least one subsidiary.

  • Joint Return means any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • Current Return means the minimum fair combined rate of return on common equity required for

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Taxable Period means any taxable year or any other period that is treated as a taxable year (or other period, or portion thereof, in the case of a Tax imposed with respect to such other period, e.g., a quarter) with respect to which any Tax may be imposed under any applicable Law.

  • Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.

  • Scheduled Return Date means the date on which You are originally scheduled to return to the point of origin or the original final destination of Your Trip.

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Taxable Wage Base means, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

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

  • Corporate Taxpayer Return means the federal and/or state and/or local Tax Return, as applicable, of the Corporate Taxpayer filed with respect to Taxes of any Taxable Year.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.