Deferred Income Taxes means the deferred tax assets and liabilities required to be recorded under GAAP to reflect the tax effect of temporary differences between the financial statements carrying values and the tax bases of assets and liabilities. EXECUTED as of the date first written above. GENERAL ROOFING SERVICES, INC. By: /S/ Gregx Xxxxxxx ------------------------------ Gregx Xxxxxxx, Xxesident ADVANCED ROOFING, INC. By: /s/ ------------------------------
Deferred Income Taxes means Equitrans federal and state income tax rates as reflected in Equitrans currently effective NGA-jurisdictional rates for service on the Sunrise Facilities multiplied by the difference between the book and tax accounting procedures for the recognition of income and expenses associated with the Sunrise Facilities.
Deferred Income Taxes means all taxes in respect of income and excess profits not due within one year from the date of accrual thereof in accordance with GAAP.
Examples of Deferred Income Taxes in a sentence
Deferred Income Taxes The Company follows the asset and liability method of accounting for income taxes.
Deferred Income Taxes are recognized for the future tax consequences attributable to timing differences between the financial statement determination of income and their recognition for tax purposes.
Excess Deferred Income Taxes reduce income tax expense by the amount of the expense multiplied by (1/1-T) (page 3, line 26a).
Depreciation Expenses, Depreciation Reserve, and Deferred Income Taxes reflected in the revenue requirements determined pursuant to this Formula shall be computed using either fixed depreciation rates or depreciation rates determined annually from fixed mortality characteristics (i.e., service lives, net salvage ratios, etc.).
Incentive Transmission Plant Abandoned Project Cost Accumulated Deferred Income Taxes do not include the Transmission Plant Abandoned Project Cost Accumulated Deferred Income Taxes.
More Definitions of Deferred Income Taxes
Deferred Income Taxes means the deferred tax assets and liabilities required to be recorded under GAAP to reflect the tax effect of temporary differences between the financial statements carrying values and the tax bases of assets and liabilities. EXECUTED as of the date first written above. GENERAL ROOFING SERVICES, INC. By: /s/ Gregx Xxxxxxx --------------------------------- Gregx Xxxxxxx, Xxesident BLACXXXXX & XUCKXXX XXXFING, INC. By: /s/ Stepxxx Xxxxxxx --------------------------------- Stepxxx Xxxxxxx President STOCKHOLDER: /s/ Stepxxx Xxxxxxx ------------------------------------ Stepxxx Xxxxxxx /s/ Leslxx Xxxxxxx ------------------------------------ Leslxx Xxxxxxx /s/ Donaxx Xxxxxx ------------------------------------ Donaxx Xxxxxxx EXHIBIT A Percentage Number of Shares of Company (%) of Name Common Stock Purchased Ownership ---- ---------------------- --------- Stepxxx X. Xxxxxxx.......................................9,880 34.05% Donaxx X. Xxxxxxx........................................9,728 33.53% Leslxx X. Xxxxxxx........................................4,861 16.75% Marixxx Xxxxxxx..........................................4,545 15.67% Total..........................................29,014 100% EXHIBIT D
Deferred Income Taxes means all taxes in respect of income and excess profits not due within one year from the date of accrual thereof in accordance with generally accepted accounting principles.
Deferred Income Taxes means those items historically reflected in the XxXxx 1996 Financial Statements under any heading "Deferred Income Taxes" and recorded in accordance with GAAP, consistently applied.
Deferred Income Taxes means deferred tax assets or liabilities (current or long-term) recorded in accordance with generally accepted accounting practices on a balance sheet; PROVIDED that the term Deferred Income Taxes shall not include any deferred tax asset or liability which arises from the
Deferred Income Taxes means the deferred tax assets and liabilities required to be recorded under GAAP to reflect the tax effect of temporary differences between the financial statements carrying values and the tax bases of assets and liabilities. * * * * * [remainder of page intentionally left blank] EXECUTED as of the date first written above. GENERAL ROOFING SERVICES, INC. By:/s/ Gregx X. Xxxxxxx ---------------------------------------- Gregx X. Xxxxxxx, Xxesident GRI OF WEST FLORIDA, INC. By:/s/ Gregx X. Xxxxxxx ---------------------------------------- Gregx X. Xxxxxxx, Xxesident DAKOTA LEASING, INC. By:/s/ Gregx X. Xxxxxxx ---------------------------------------- Gregx X. Xxxxxxx, Xxesident GENERAL ROOFING ACQUISITION CORP. By:/s/ Gregx X. Xxxxxxx ---------------------------------------- Gregx X. Xxxxxxx, Xxesident GRI OF SOUTH FLORIDA, INC. By:/s/ Gregx X. Xxxxxxx ---------------------------------------- Gregx X. Xxxxxxx, Xxesident GRI OF ORLANDO, INC. By:/s/ Gregx X. Xxxxxxx ---------------------------------------- Gregx X. Xxxxxxx, Xxesident SHAREHOLDER: /s/ Gregx X. Xxxxxxx ------------------------------------------- Gregx X. Xxxxxxx EXHIBIT A Shares of Common Name of Company Stock Outstanding --------------- ----------------- GRI of South Florida, Inc...........................................100 GRI of Orlando, Inc.................................................100 GRI of West Florida, Inc............................................500 Dakota Leasing, Inc.................................................500 General Roofing Acquisition Corp....................................500 EXHIBIT D
Deferred Income Taxes means as of the time of any determination, the liability for deferred income taxes of the Company and Subsidiaries on a consolidated basis.
Deferred Income Taxes. Leasehold Improvements"; "Franchise Costs"; "Goodwill"; "Organization Costs"; and "Deposits".