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.

  • Firstly, 89.77% of the accounts include a «description» or «bio», and 94.30% of these descriptions indicate that the holder’s profes- sion is related to the communication industry, as they define themselves specifically as a «journalist», «repor- ter», «columnist», «copywriter», etc.

  • In all events, the Shareholders shall have no responsibility for payment and remittal of the Taxes due with the Final Separate Return Year Tax Returns and the Straddle Year Tax Returns, which, to the contrary, solely shall be the responsibility of Parent and the Company, which Parent hereby covenants to discharge or cause to be discharged on a timely basis.


More Definitions of Separate Return Year

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 Franchise Tax, a year which is not a Combined Return Year.
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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 Tax Return of or including any member of the Spinco Group (including any consolidated, combined, or unitary return) that does not include any member of the Remainco Group.

  • Post-Distribution Tax Period means a Tax year 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 any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.

  • 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, with respect to any Plan Year, the contribution and benefit base under Section 230 of the Social Security Act at the beginning of such Plan Year.

  • Combined Return means any Tax Return (other than for 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), unitary or Group Relief basis that includes activities of members of the ESG Group or the KBR Group, or both, as the case may be.

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • 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 any other period that is treated as a taxable year (or other period, or portion thereof, in the case of a Tax imposed with respect to such other period, e.g., a quarter) with respect to which any Tax may be imposed under any applicable Law.

  • 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.

  • PRE-2017 NET OPERATING LOSS CARRYFORWARD means any net operating loss incurred in a taxable year beginning before January 1, 2017, to the extent such loss was permitted, by a resolution or ordinance of the Municipality that was adopted by the Municipality before January 1, 2016, to be carried forward and utilized to offset income or net profit generated in such Municipality in future taxable years.(B) For the purpose of calculating municipal taxable income, any pre-2017 net operating loss carryforward may be carried forward to any taxable year, including taxable years beginning in 2017 or thereafter, for the number of taxable years provided in the resolution or ordinance or until fully utilized, whichever is earlier.