Income Tax Regulations definition

Income Tax Regulations means the temporary and final regulations issued under the Code. Any citation to a section of the Income Tax Regulations includes a citation to any successor regulatory provision.

Income Tax Regulations means, unless the context clearly indicates otherwise, the regulations in force as final or temporary that have been issued by the U.S. Department of the Treasury pursuant to its authority under the Code, and any successor regulations.

Income Tax Regulations means the income tax regulations, including temporary regulations, promulgated under the Code, as such regulations may be amended from time to time (including corresponding provisions of succeeding regulations).

Examples of Income Tax Regulations in a sentence

• Tax credits shall generally be allocated according to Section 1.704-1(b)(4)(ii) of the Income Tax Regulations or as otherwise provided by law.

• Solely for tax purposes, in determining each Member’s allocable share of the taxable income or loss of the Company, depreciation, depletion, amortization and gain or loss with respect to any contributed property, or with respect to revalued property where the Company’s property is revalued pursuant to paragraph (b)(2)(iv)(f) of Section 1.704-1 of the Income Tax Regulations, shall be allocated to the Members in the manner (as to revaluations, in the same manner as) provided in Section 704(c) of the Code.

• This provision is intended to be a “minimum gain chargeback” within the meaning of Sections 1.704-2(f) and 1.704-2(i)(4) of the Income Tax Regulations and shall be interpreted and implemented as therein provided.

• Items of deduction and loss attributable to Member nonrecourse debt within the meaning of Section 1.7042(b)(4) of the Income Tax Regulations shall be allocated to the Members bearing the economic risk of loss with respect to such debt in accordance with Section 1704-2(i)(l) of the Income Tax Regulations.

• Except that items of loss or deduction allocated to any Member pursuant to this Section 7.1 with respect to any taxable year shall not exceed the maximum amount of such items that can be so allocated without causing such Member to have a deficit balance in his or its Capital Account at the end of such year, computed in accordance with the rules of paragraph (b)(2)(ii)( d) of Section 1.704-1 of the Income Tax Regulations.

More Definitions of Income Tax Regulations

Income Tax Regulations means the regulations issued with respect to the Code.

Income Tax Regulations means regulations under the Income Tax Act (Canada).

Income Tax Regulations means the Income Tax (Employments) Regulations 2018 (S.I. No. 345 of 2018);”,

Income Tax Regulations means those regulations promulgated pursuant to the Internal Revenue Code.

Income Tax Regulations means the Income Tax Regulations, C.R.C., c. 945, as amended or replaced from time to time.

Income Tax Regulations means the Income Tax Regulations issued by the Department of the Treasury, as amended from time to time.

Income Tax Regulations is defined in Exhibit C.