Deferred tax liability definition

Deferred tax liability means an amount equal to the difference between the total amount of taxes that would have been due in March in each of the previous years in which the conveyance or covenant was in effect if the property had been assessed under the provisions of s. 193.011 and the total amount of taxes actually paid in those years when the property was assessed under the provisions of this section, plus interest on that difference computed as provided in s. 212.12(3).

Deferred tax liability means that deferred tax liability, if any, to the extent (and only to the extent): (a) it represents the deferred capital gain tax in respect of the appreciation in the fair market value of the investment by MGN America in EOI Common Shares; (b) it represents the deferred capital gain tax in respect of the appreciation in the fair market value of the investment by Gazit Generation in EOI Common Shares; (c) it represents the deferred capital gain tax in respect of the appreciation in the fair market value of the investment by Silver Maple in EOI Common Shares; and (d) it represents the deferred capital gain tax in respect of the appreciation in the fair market value of the investment by Ficus in EOI Common Shares. For the avoidance of doubt “Deferred Tax Liability” shall also include any liability to deferred tax reserved for in any financial statements of any LTV Guarantor delivered pursuant to the Amending Agreement or clauses 15.8.5 or 15.8.6 of the Existing Loan Agreement or delivered or to be delivered pursuant to clauses 15.8.5 or 15.8.6 below.

Deferred tax liability means any deferred tax liability assumed by any of the Transferred Entities from Newpark, including the deferred tax liability assumed by the Transferred Entities from Newpark in September of 2013, in the amount of approximately $12,100,000.

Examples of Deferred tax liability in a sentence

• Deferred tax liability is recognised for all taxable temporary differences.

• Deferred tax liability of $7.1 million related to taxable temporary difference arising from the equity portion of the convertible debenture was recognized in equity reserves.

• Deferred tax liability is recognized for taxable temporary differences associated with investments in subsidiaries, associates, and interests in joint ventures, except to the extent that the Group is able to control the timing of the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future.

• Deferred tax liability is recognised for all taxable timing differences.

• Deferred tax liability is generally recognised for all taxable temporary differences and deferred tax asset is recognised to the extent that it is probable that future taxable profits will be available against which the deductible temporary differences, unused tax losses and tax credits can be utilised.

More Definitions of Deferred tax liability

Deferred tax liability or “DTL” mean a deferred tax liability that would be recognized as a deferred tax liability under GAAP for the gross deferred tax liability before non admittance or valuation allowance considerations, determined as of the Effective Date.

Deferred tax liability means the Transferor’s deferred tax liability relating to the Transferred Assets or any assumed Liability that is carried on its books.

Deferred tax liability means an amount equal to the difference between the total amount of taxes that would have been due in March in each of the previous years in which the conveyance or covenant was in effect if the property had been

Deferred tax liability means the liability of the Merged Entity (as hereinafter defined) arising from the purchase accounting for the future tax benefit derived from the tax deductibility of the amortization of certain intangibles.

Deferred tax liability means the amount of income tax to be settled in future reporting periods.

Deferred tax liability means an amount equal to (x) the aggregate amount of income that would have been recognized by the Parent for periods beginning after the Closing Date pursuant to adjustments under Section 481 of the Code arising from a change in the Company's accounting method and that is instead recognized by the Shareholders in each case as a result of the Section 338(h)(10) Election, multiplied by (y) the highest rate applicable to an individual resident in Fairfax County, Commonwealth of Virginia. The parties have agreed that for purposes of Sections 2.3(b) and (c) of this Agreement, the Deferred Tax Liability shall be deemed to be $4,000,000, regardless of whatever the Deferred Tax Liability is ultimately determined to be.

Deferred tax liability means the net deferred tax liability of CIC as defined by GAAP without regard to the S-Corporation election, including without limitation the deferred tax liability attributable to the involuntary conversion of the Riviera Beach Facilities.