Provision for Income Taxes definition

Provision for Income Taxes means, for any period, all provisions for any federal, state, city and foreign taxes on or measured by income for such period (including franchise taxes in lieu of income taxes), in each case determined in accordance with GAAP.
Provision for Income Taxes has the meaning assigned such term by the Company in publicly filed financial statements during the Performance Period.
Provision for Income Taxes means, for the applicable fiscal year commencing on January 1 and ending on December 31, the total consolidated income taxes determined in accordance with GAAP.

Examples of Provision for Income Taxes in a sentence

  • Provision for Income Taxes AG Re and AGRO are not subject to any income, withholding or capital gains taxes under current Bermuda law.

  • Such buildings shall be setback at least three (3) feet from all side and rear property lines.

  • Provision for Income Taxes We have reflected pro forma adjustments related to our investments based upon an estimated effective tax rate, which takes into account the fact that certain activities are taxable and other activities are pass-through items for income tax purposes.

  • TOTAL INCOME 0 EXPENSES General and Administrative 0 INCOME (LOSS) FROM OPERATIONS BEFORE INCOME TAXES 0 Provision for Income Taxes 0 NET INCOME (LOSS) $ 0 NET INCOME (L0SS) PER SHARE - BASIC AND DILUTED $ 0.00 AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING ZERO See accompanying notes to financial statements.

  • Provision for Income Taxes AGC and AGUK are subject to U.S. and United Kingdom income tax, respectively.

  • Provision for Income Taxes The Company is taxed at the U.S. corporate income tax rate of 21%.

  • The Company records the accrued interest at 6% within the Provision for Income Taxes in the Condensed Consolidated Statements of Income.

  • Provision for Income Taxes The Company’s provision for income taxes for interim financial periods is not based on an estimated annual effective rate due, for example, to the variability in loss reserves, fair value of its VIEs, and foreign exchange gains and losses which prevents the Company from projecting a reliable estimated annual effective tax rate and pre-tax income for the full year 2022.

  • Provision for Income Taxes Our combined federal, state and foreign effective income tax rate increased to 38.1% for fiscal 2006 from 37.1% for fiscal 2005.

  • For each fiscal year, "Annual Pre-Tax Income" shall be the "Income Before Provision for Income Taxes and Extraordinary Items" as set forth in the Company's audited Consolidated Statement of Operations.


More Definitions of Provision for Income Taxes

Provision for Income Taxes has the meaning set forth in Section 1.6(c)(vii).

Related to Provision for Income Taxes

  • Provision for Taxes means an amount equal to all taxes imposed on or measured by net income, whether Federal, State, Provincial, county or local, and whether foreign or domestic, that are paid or payable by any Person in respect of any period in accordance with GAAP.

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

  • 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.

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

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

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;

  • Income Tax means any federal, state, local, or foreign income tax, including any interest, penalty, or addition thereto, whether disputed or not.

  • Foreign Income Tax means any Tax imposed by any foreign country or any possession of the United States, or by any political subdivision of any foreign country or United States possession, which is an income tax as defined in Treasury Regulation Section 1.901-2, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • 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.

  • Federal Income Tax means any Tax imposed by Subtitle A of the Code, and any interest, penalties, additions to tax, or additional amounts in respect of the foregoing.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Excise Tax Act means the Excise Tax Act (Canada);

  • Partnership Tax Audit Rules means Sections 6221 through 6241 of the Code, as amended by the Bipartisan Budget Act of 2015, together with any guidance issued thereunder or successor provisions and any similar provision of state or local tax laws.

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Disregarded Entity means a single member limited liability company, a qualifying subchapter S subsidiary, or another entity if the company, subsidiary, or entity is a disregarded entity for federal income tax purposes.

  • 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.

  • Annual Division of Revenue Act means the Act of Parliament, which must be enacted annually in terms of section 214 (1) of the Constitution;

  • 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.

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

  • Tax Losses has the meaning assigned to such term in Section 7.1(a).

  • provincial director means the provincial director as defined in regulation 1 of the General Administrative Regulations, 2003;