Includible Corporation definition

Includible Corporation means, with respect to any entity, any corporation that is a subsidiary of such entity and that now or in the future qualifies under Section 1501 et seq. of the Code as an includible corporation of an affiliated group of corporations of which such entity is the parent.
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Includible Corporation means any corporation that is doing business in this state except:
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Includible Corporation has the meaning given that term in Section 1504(b) of the Code.
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Examples of Includible Corporation in a sentence

  • Parent and the Subsidiaries agree to cause any corporation that in the future will qualify as an Includible Corporation of Parent, to become a party hereto as an additional Subsidiary hereunder.

  • Not an Affiliated Group1504.01-00 201306007 201306008 201310016 201315019 201325010 201328027 201430002 201435005 201505006 201538015 201649012 201709004 202049002 • Includible Corporation v.

  • Students will take an active role in the development, management, and promotion of their education.

  • In the event any state shall require a different procedure with respect to the payment of the federal or state tax liability of an Includible Corporation of the Group for the purposes of regulating insurance companies, such other method shall be utilized with respect to the Includible Members of the Group affected thereby.

  • Nationwide and the Subsidiaries agree to ------------------- cause any corporation that in the future will qualify as an Includible Corporation of Nationwide, to become a party hereto as an additional "Subsidiary" hereunder.

  • The state and / or local income or franchise tax of each Includible Corporation shall be determined as if each Includible Corporation were filing on a separate company basis.

  • As a result of an election under Section 1504(c) of the Tax Code, the Company may be treated as an Includible Corporation of the Seller Group for the taxable year beginning January 1, 1998.

  • Seller and Purchaser shall use their reasonable commercial efforts prior to Closing to prevent the Company from becoming an Includible Corporation.

  • Not an Affiliated Group1504.01-00 201306007 201306008 201310016 • Includible Corporation v.

  • Nationwide Financial and the Subsidiaries agree to cause any corporation that in the future will qualify as an Includible Corporation of Nationwide Financial, to become a party hereto as an additional “‘Subsidiary” hereunder.


More Definitions of Includible Corporation

Includible Corporation means any corporation which has more than twenty percent of the corporation’s property and payroll as determined by factoring pursuant to section 24-60-1301 C.R.S., assigned to locations inside the United States. (See Schedule B for information relative to section 24-60-1301 C.R.S., the apportionment of income under provisions of the multistate compact.)
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Includible Corporation means an "includible corporation" as defined in Section 1504 of the Tax Code.
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Includible Corporation has the meaning set forth in Code Section 1504(b) or comparable state, local, or foreign law.
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Related to Includible Corporation

  • Eligible Corporation means any domestic C corporation (as defined in section 1361(a)(2) of the Code) other than a corporation which is exempt from, or is not subject to, tax under section 11 of the Code, an entity described in section 851(a) or 856(a) of the Code, a REMIC; or an organization to which part I, subchapter T, chapter 1, subtitle A of the Code applies. The Term "Related Person" means any person that bears a relationship to the Transferee enumerated in section 267(b) or 707(b)(1) of the Code, using "20 percent" instead of "50 percent" where it appears under the provisions; or is under common control (within the meaning of section 52(a) and (b) of the Code) with the Transferee.

  • Foreign nonprofit corporation means an entity:

  • Publicly traded corporation means any Person other than an individual that is organized under the laws of and for which its principal place of business is located in one of the states or territories of the United States or District of Columbia or another country that authorizes the sale of marijuana that:

  • Eligible company means a public company as referred to in sub-section (1) of section 76, having a net worth of not less than one hundred crore rupees or a turnover of not less than five hundred crore rupees and which has obtained the prior consent of the company in general meeting by means of a special resolution and also filed the said resolution with the Registrar of Companies before making any invitation to the Public for acceptance of deposits:

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following:

  • S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.

  • Affiliated Corporation means any corporation that is either a parent corporation with respect to the Company or a subsidiary corporation with respect to the Company (within the meaning of Sections 424(e) and (f), respectively, of the Internal Revenue Code).

  • Designated 423 Corporation means any Related Corporation selected by the Board to participate in the 423 Component.

  • Publicly Held Corporation means a corporation that has a class of equity securities registered pursuant to section 12 of the Securities Exchange Act of 1934 [15 U.S.C. 78L], or is subject to section 15(d) of the Securities Exchange Act of 1934 [15 U.S.C. 78o(d)].

  • publicly traded company means any company whose principal class of shares is listed on a recognised stock exchange provided its listed shares can be readily purchased or sold by the public. Shares can be purchased or sold “by the public” if the purchase or sale of shares is not implicitly or explicitly restricted to a limited group of investors;

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

  • Black woman-owned enterprise means an enterprise with at least 25, 1% representation of black women within the black equity and management portion.

  • QUALIFIED MUNICIPAL CORPORATION means a municipal corporation that, by resolution or ordinance adopted on or before December 31, 2011, adopted Ohio adjusted gross income, as defined by section 5747.01 of the Ohio Revised Code, as the income subject to tax for the purposes of imposing a municipal income tax.

  • Corporation Group means the Corporation, its affiliate, successors and permitted

  • Designated Non-423 Corporation means any Related Corporation or Affiliate selected by the Board to participate in the Non-423 Component.

  • Foreign Benefit Plan means any Employee Benefit Plan established, maintained or contributed to outside of the United States of America or which covers any employee working or residing outside of the United States.

  • Qualifying Company means a qualifying company within the meaning of section 110 of the Taxes Act;

  • Qualified employer means the federal government.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Affiliated group of corporations means an affiliated group as defined in section 1504 of the Internal Revenue Code, except that, if such a group includes at least one incumbent local exchange carrier that is primarily engaged in the business of providing local exchange telephone service in this state, the affiliated group shall not include any incumbent local exchange carrier that would otherwise be included in the group.

  • Foreign professional corporation means a professional corporation organized under laws other than the laws of this state.

  • Foreign corporation means a corporation for profit incorporated under a law other than the law of this state.

  • Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Company, any of its respective Subsidiaries or any members of its Controlled Group and is not covered by ERISA pursuant to ERISA Section 4(b)(4).