Examples of Final Income Tax Returns in a sentence
Buyer shall have the right to amend any Final Income Tax Returns to reflect the final outcome of any such inquiry, investigation or audit.
For the avoidance of doubt, for U.S. federal and applicable state and local income tax purposes, all deductions for Transaction-Related Expenses of the Pre-Spin Group shall be claimed in the taxable period ending on the Redemption Date and shall be reported on the Final Income Tax Returns for the Pre-Spin Group.
Except for such Final Income Tax Returns, Acquiror shall prepare and file, or cause to be prepared and filed, all Tax Returns for the Company required to be filed after the Closing Date.
All such Final Income Tax Returns shall be prepared in a manner consistent with the past practices of the Company, except as otherwise required by this Agreement or applicable Law, and provided that any income of the Company from deferred revenue or prepaid amounts received on or prior to the Closing Date shall be reported on the Final Income Tax Returns for the taxable period ending on the Closing Date.
Buyer shall prepare and file, or cause to be prepared and filed, all Tax Returns (other than the Final Income Tax Returns) of the Company for periods ending on or before the Closing Date and Straddle Periods that are due after the Closing Date, in each case in a manner consistent with the past practice of the Company unless otherwise required by applicable Tax Law.
The Sellers Representative, on behalf of the Sellers, shall be responsible for and shall pay, or cause to be paid, all Taxes with respect to the Company, if any, shown to be due on such Final Income Tax Returns on or prior to the due date thereof; provided, however, that the Seller Representative’s foregoing obligation to pay such Taxes shall not apply to the extent that such Taxes are taken into account in the final determination of Closing Working Capital.
Such Final Income Tax Returns shall be prepared in accordance with applicable Legal Requirements and consistent with past practices of the Company to the extent that they were so compliant.
For purposes of this Section 5.13(d), the parties agree that to the extent permitted by Law, any Transaction Deductions shall be reported on the Final Income Tax Returns of the Company.
Sellers shall provide Buyer with drafts of the Final Income Tax Returns at least thirty (30) days prior to the due date for filing thereof for Buyer’s review and consent, not to be unreasonably withheld, conditioned or delayed.
The Shareholder Representative shall prepare or cause to be prepared and file or cause to be filed all Income Tax Returns for the Company for all Tax periods ending on or prior to the Closing Date that are not filed on or before the Closing Date, including but not limited to, the Final Income Tax Returns (the “Pre-Closing Period Returns”).