Combined State Tax Return definition
Examples of Combined State Tax Return in a sentence
Not later than 30 days after the due date (including all extensions) for each Combined State Tax Return, TFS shall deliver to Brillian the relevant pro forma Combined State Tax Return (each a "Pro Forma Combined State Return" and together with the Pro Forma Federal Return, the "Pro Forma Returns") reflecting the relevant Brillian Combined State Tax Liability.
For purposes of this Section 3.3, the portion of Tax Liabilities attributable to a member shall be determined by allocating the Tax due and payable with respect to a Combined State Tax Return among the members in the same proportion that each such member’s taxable income, determined on a separate company basis, bears to the sum of the separate taxable incomes of all members having separate taxable income (and disregarding losses of any member).
Crown shall prepare a final statement showing any additional amount owed by Constar or any amount payable by Crown to Constar 30 days after the filing of any Combined State Tax Return (a “Final Statement”).
Spinco agrees to provide Marriott with a pro forma Combined State Tax Return for the MMS Group for the 1997 taxable year as soon as is practicable (and Spinco will incorporate thereon any reasonable comments timely provided in writing by Marriott in respect of the Combined State Tax Returns for the 1997 taxable year).
The State Parent shall exclusively control and Dispose of any Tax Claims relating to a Combined State Tax Return for any taxable year during which this Agreement is in effect.
Within ten (10) business days of the statutorily mandated payment date, Logility shall pay to ASI, or ASI shall pay to Logility, as appropriate, an amount equal to the difference, if any, between the Logility Combined State Tax Liability reflected on the relevant Pro Forma Combined State Tax Return and the aggregate amount of the estimated installments paid with respect to the corresponding Logility Combined State Tax Liability pursuant to Section 2.1(b).
If the Tax Claim does not relate solely to the TAP State Subgroup, such cost and expense shall be fairly allocated among TAP State Subgroup Members on the Combined State Tax Return on the basis of legal, accounting or other time spent with respect to each such member's controversy or on such other basis as may be determined to be appropriate by the State Parent.
Marriott agrees to provide Spinco with a copy of each such Combined State Tax Return as soon as is practicable before it is filed, and to incorporate thereon any reasonable comments timely provided in writing by Spinco.
Crown shall pay or cause to be paid and shall indemnify and hold Constar and the members of the Constar Group harmless against, all Tax Liabilities due and payable with respect to each Combined State Tax Return to the extent such Tax Liabilities are attributable to any member of the Crown Group.
Crown and Constar shall take all actions permitted by applicable law to file their returns other than on the basis of a Combined State Tax Return and if permitted by law, shall cooperate to revoke any existing elections to file Combined State Tax Returns or to make any election, filing, statement or any similar action necessary to permit filing on a separate company basis and to avoid filing Combined State Tax Returns.