Credit Carryover definition
Credit Carryover means the aggregate of all alternative minimum Tax credit carryovers, general business credit carryovers, and foreign Tax credit carryovers pursuant to Section 904(c) of the Code.
Examples of Credit Carryover in a sentence
A [2009/2008] Low-Income Housing Tax Credit Carryover Allocation Agreement for the Development has been executed.
A [2007/2008/2009] Low-Income Housing Tax Credit Carryover Allocation Agreement for the Development has been executed.
Yearly Credit Carryover If an absence extends beyond the current school year, the credits remaining at the end of the school year will be payable in the following school year and will cease when the credits expire.
Section 4.14.8 There are no circumstances in existence under which the Company or any Company Subsidiary is required to make a payment in respect of Taxes under the Spinoff Agreement or the R&E Credit Carryover Tax Sharing Agreement, including any amendments thereto.