Separate Return Year definition

Separate Return Year means, with respect to any Federal Income Tax, State Income Tax or Foreign Income Tax, as applicable, a Tax Year or portion thereof which is not a Consolidated Year or Combined Year.
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Separate Return Year means any taxable year for which a Member is not included in the Parent Affiliated Group consolidated Federal income tax return.
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Separate Return Year means any taxable year for which a former or future Member is not included in the EMC Consolidated Group's consolidated Federal income tax return.
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Examples of Separate Return Year in a sentence

  • All out-of-pocket expenses incurred in filing (i) Final Separate Return Year Tax Returns, (ii) Post-Closing 1999 Returns and (iii) any tax return, claim for a refund or other tax filing for tax benefits or tax refunds to be paid to the Shareholders, and one- half of the out-of-pocket expenses incurred in filing Straddle Year Tax Returns, shall be borne by the Shareholders.

  • If TDS shall deem it appropriate to make a claim for refund of income tax (by filing an amended return or otherwise), arising from a Tax Attribute of Aerial or its Subsidiaries for any Consolidated Return Year (including carrybacks of losses or credits from a later Consolidated Return Year or a Separate Return Year), TDS shall so notify Aerial.


More Definitions of Separate Return Year

Separate Return Year means, with respect to the Franchise Tax, a year which is not a Combined Return Year.
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Separate Return Year means any taxable year for which Aerial and its Subsidiaries file separate federal income tax returns or join in filing a consolidated federal income tax return with an Affiliated Group of which Aerial is the common parent.
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Separate Return Year means, with respect to the Texas franchise tax, a year which is not a Combined Return Year.
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Related to Separate Return Year

  • Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.

  • Tax Year means a period beginning with 6th April in one year and ending with 5th April in the next;

  • SpinCo Separate Return means any Separate Return of SpinCo or any member of the SpinCo Group.

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

  • taxation year means the calendar year to which an assessment roll applies for the purposes of taxation;

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Joint Return means one return made jointly by a married individual with that individual's spouse.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

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

  • Taxable Wage Base means the contribution and benefit base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year.

  • Combined Return means any Tax Return (other than a Tax Return for U.S. federal income taxes) filed on a consolidated, combined (including nexus combination, worldwide combination, domestic combination, line of business combination or any other form of combination) or unitary basis that includes activities of any member of the Anadarko Group and any member of the Partnership Group.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the liability for Taxes of the Corporation (or the Partnerships, but only with respect to Taxes imposed on the Partnerships and allocable to the Corporation) using the same methods, elections, conventions and similar practices used on the relevant Corporation Return but using the Non-Stepped Up Tax Basis instead of the tax basis reflecting the Basis Adjustments of the Adjusted Assets and excluding any deduction attributable to Imputed Interest.

  • 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 .

  • Taxable Year means a taxable year of the Corporate Taxpayer as defined in Section 441(b) of the Code or comparable section of state or local tax law, as applicable (and, therefore, for the avoidance of doubt, may include a period of less than 12 months for which a Tax Return is made), ending on or after the IPO Date.

  • Taxable Period means any taxable year or other period that is treated as a taxable year with respect to which any Tax may be imposed under any applicable statute, rule or regulation.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

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

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Net Taxable Income has the meaning set forth in Section 4.01(b)(i).

  • Base Tax Year means the property tax levy year used

  • Net Tax Benefit has the meaning set forth in Section 3.1(b) of this Agreement.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Consolidated Return means a Tax Return filed with respect to Federal Income Taxes for the Consolidated Group.