Income Taxes Payable definition

Income Taxes Payable means the income taxes payable by the Company and its Subsidiaries computed consistent with GAAP.
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Income Taxes Payable means those items historically reflected, and recorded in accordance with GAAP consistently applied, in the XxXxx 1996 Financial Statements under the heading "Income Taxes Payable."
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Income Taxes Payable means the income taxes payable as shown in the Financial Statements and the Closing Date Balance Sheet;
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Examples of Income Taxes Payable in a sentence

  • But Income Taxes Payable represents only the portion of this expense that has not yet been paid.

  • The journal entry for the income tax provision is as follows: Income Tax Expense9,393 Deferred Tax Asset, net8,293 Income Taxes Payable 17,686 ii.

  • Tax assessmentsAs at December 31, 2013, Income Taxes Payable includes a provision relating to tax assessments from tax authorities for prior period tax positions.

  • Energy Marketing Payables 1,208 1,016 1,366 Accrued Payables 708 676 619 Income Taxes Payable 427 345 179 Trade Payables 191 164 210 Stock-Based Compensation 131 111 173 Other 281 147 134 Total 1 2,946 2,459 2,681 1 At December 31, 2010, accounts payable and accrued liabilities related to our chemicals operations have been included with assets held for sale (see Note 15).

  • As of November 30, 2012, each of the Debt, Income Taxes Payable, Income Taxes Refunds Receivable and Working Capital is accurately set out in Section 7 of the Company Disclosure Letter.

  • Energy Marketing Payables 1,051 1,016 1,366 Accrued Payables 664 676 619 Income Taxes Payable 733 345 179 Trade Payables 176 164 210 Stock-Based Compensation 99 111 173 Other 265 147 134 Total 1 2,988 2,459 2,681 1 At December 31, 2010, accounts payable and accrued liabilities related to our chemicals operations have been included with liabilities held for sale (see Note 14).

  • Process f.i. To record income tax provision for fiscal year 2012Income Tax Expense 9,393.00 Deferred Tax Asset 8,293.00 Income Taxes Payable 17,686.00ii.

  • Deferred Income Taxes 7,341 Income Taxes Payable 7,341 To Zero Out Income tax payable 13.

  • But Income Taxes Payable represents only the portion of this expense that has not yet been paid.30 Minutes, MediumPROBLEM 4.5B MARVELOUS MUSICa.PROBLEM 4.5BMARVELOUS MUSIC (concluded)b.

  • Energy Marketing Payables 1,181 1,016 1,366 Accrued Payables 825 676 619 Income Taxes Payable 468 345 179 Trade Payables 201 164 210 Stock-Based Compensation 39 111 173 Other 163 147 134 Total 1 2,877 2,459 2,681 1 At December 31, 2010, accounts payable and accrued liabilities related to our chemicals operations have been included with liabilities held for sale (see Note 14).


More Definitions of Income Taxes Payable

Income Taxes Payable. Accrued Liabilities"; "Advances From Affiliates"; "Current Maturities of Capital Lease Obligations"; "Capital Lease Obligations" and "Redeemable Preferred Stock".
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Income Taxes Payable. Deferred Income Taxes," "Other Current Liabilities" or "Current Maturities of Long-Term Obligations" or for cash overdrafts or (b) from any breach or default by Seller under any Assigned Contract, all of which liabilities and obligations will constitute Retained Liabilities. Notwithstanding anything to the contrary contained in this Agreement or any document delivered in connection herewith, Purchaser's obligations in respect of the Assumed Liabilities will not extend beyond the extent to which Seller was obligated in respect thereof and will be subject to Purchaser's right to contest in good faith the nature and extent of any liability or obligation.
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Related to Income Taxes Payable

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Non-Income Taxes means any Taxes other than Income Taxes.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Asset Taxes means all ad valorem, property, excise, severance, production or similar Taxes (including any interest, fine, penalty or addition to Tax imposed by a taxing authority in connection with such Taxes) based upon operation or ownership of the Assets or the production of Hydrocarbons therefrom but excluding, for the avoidance of doubt, (a) income, capital gains, franchise and similar Taxes and (b) Transfer Taxes.

  • Seller’s Taxes shall have the meaning set forth in Section 5.4(a) hereof.

  • Sales Taxes has the meaning set forth in Section 3.2.

  • Consolidated Income Taxes means, with respect to any Person for any period, taxes imposed upon such Person or other payments required to be made by such Person by any governmental authority which taxes or other payments are calculated by reference to the income or profits of such Person or such Person and its Restricted Subsidiaries (to the extent such income or profits were included in computing Consolidated Net Income for such period), regardless of whether such taxes or payments are required to be remitted to any governmental authority.

  • Unpaid estimated income tax means estimated income tax due but not paid by the date the tax is required to be paid under applicable law.

  • Local taxes means all taxes levied other than taxes levied for school operating purposes.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Seller Taxes has the meaning set forth in Section 11.1(f).

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • U.S. Taxes means any present or future tax, assessment or other charge or levy imposed by or on behalf of the United States of America or any taxing authority thereof or therein.

  • Transaction Taxes has the meaning set forth in Section 2.6.

  • Cash Taxes in respect of any fiscal period means amounts actually paid by the Companies in such fiscal period in respect of income and capital Taxes (whether relating to such fiscal period or any other fiscal period).

  • Transfer Taxes has the meaning set forth in Section 6.05.

  • Income Tax Expense means, with respect to the Borrowers, for any period, the aggregate, without duplication, of all Taxes on the income of such Person for such period, whether current or deferred, determined on a Modified Consolidated Basis.

  • Employee Taxes means all taxes, assessments, charges and other amounts whatsoever payable in respect of, and measured by the wages of, the Vendor’s employees (or subcontractors), as required by the Federal Social Security Act and all amendments thereto and/or any other applicable federal, state or local law.

  • Non-Income Tax Return means any Tax Return relating to Taxes other than Income Taxes.

  • Base Taxes means the Taxes payable for the Base Tax Year.

  • Non-Income Tax means any Tax other than an Income Tax.

  • Payroll Taxes means State Unemployment Insurance (SUI), Federal Unemployment Insurance (FUI), and payments pursuant to the Federal Insurance Contributions Act (FICA).

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Distribution Taxes means any Taxes incurred solely as a result of the failure of the Intended Tax Treatment of the Restructuring, the Contribution or the Distribution.

  • Foreign taxes means value-added taxes and custom duties assessed by a foreign government on a commodity. It does not include foreign sales taxes.