Deferred Tax Liabilities definition

Deferred Tax Liabilities means, as of a given date, the amount of deferred Tax liabilities that would be recognized as liabilities on a business enterprise’s balance sheet computed in accordance with GAAP.
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Deferred Tax Liabilities means the potential tax liability of CWI or any other Borrower Party in the amount of approximately $11,374,000 as a result of the sale by CWI and Affinity Group, Inc. of buildings and land at eleven (11) locations to AGRP Management Corp., an Affiliate of CWI at the time of such sale, in 2001.
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Deferred Tax Liabilities means Taxes payable with respect to, or reduction of any Tax asset resulting from, any item of income referred to in Section 3.9(j) (for the avoidance of doubt, without regard to any carrybacks or carryforwards of net operating losses or other tax attributes).
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Examples of Deferred Tax Liabilities in a sentence

  • There shall be no adjustments, payments or obligations among the Parties made pursuant to this agreement for any gains or losses with respect to amounts shown on a Party’s balance sheet or other financial statements and not specifically allocated herein, including but not limited to FIN 48 reserves, Deferred Tax Assets, Deferred Tax Liabilities and other Tax accounting entries.

  • There shall be no adjustments, payments, or obligations among the Parties made pursuant to this agreement for any gains or losses with respect to amounts shown on a Party’s balance sheet or other financial statements and not specifically allocated herein, including but not limited to ASC 740-10 reserves, Deferred Tax Assets, Deferred Tax Liabilities, and other Tax accounting entries.

  • There shall be no adjustments, payments, or obligations among the Parties made pursuant to this agreement for any gains or losses with respect to amounts shown on a Party’s balance sheet or other financial statements and not specifically allocated herein, including but not limited to FIN 48 reserves, Deferred Tax Assets, Deferred Tax Liabilities, and other Tax accounting entries.

  • To the extent that actual Deferred Tax Liabilities for the taxable period ending December 31, 1997 are less than the amount originally estimated as described in Section 3.2(a), PHC will pay BWI this difference.

  • Gain) and CA Rate (15%/12.3%) 27.3 % Deferred Tax Liabilities 24,400,516 Section 6621 interest rate 3 % Section 453A Interest Charge 732,000 Section 453A Interest Charge 732,000 Divided by 1 minus Max Fed (Cap.

  • In calculating the Taxes Due, Ernst & Young shall exclude any Deferred Tax Liabilities.

  • The Vendor shall, within seven (7) business days from the date any Deferred Tax Liabilities / Income Tax Payables shall become due, pay to the Purchaser such amount equivalent to the Deferred Tax Liabilities / Income Tax Payables which is due.

  • There shall be no adjustments, payments, or obligations among the Parties made pursuant to this Agreement for any gains or losses with respect to amounts shown on a Party’s balance sheet or other financial statements and not specifically allocated herein, including but not limited to ASC 740-10 reserves, Deferred Tax Assets, Deferred Tax Liabilities, and other Tax accounting entries.

  • The parties further acknowledge that BWI has contributed to the capital of the PHC Group an amount equal to PHC's Deferred Tax Liabilities for all taxable periods ending on or before December 31, 1997 based on the Returns as filed or expected to be filed for such periods.

  • Subject to paragraph 4.3.8 below, Eligible Deferred Tax Assets and Eligible Deferred Tax Liabilities expected to arise more than 5 years after Completion will be excluded.


More Definitions of Deferred Tax Liabilities

Deferred Tax Liabilities means any and all amounts owing a Government Authority, including but not limited to, the definition under IFRS.
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Deferred Tax Liabilities means the net liability for Deferred Taxes for all taxable periods beginning on or before the Distribution Date.
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Related to Deferred Tax Liabilities

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Tax Liabilities means all liabilities for Taxes.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • 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.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).