Subsidiary capital definition

Subsidiary capital means the total of the investment of the taxpayer in shares of stock of its subsidiaries, and the amount of indebtedness owed to the taxpayer by its subsidiaries, whether or not evidenced by written instrument, on which interest is not claimed and deducted by the subsidiary for purposes of any tax imposed by Subchapter 2 or 3, Chapter 6 of Title 11 of the Administrative Code.
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Subsidiary capital means investments in the stock of subsidiaries and any indebtedness from subsidiaries (other than accounts receivable) on which interest is not claimed and deducted by the subsidiary on a General Corporation Tax or Banking Corporation Tax return, minus total liabilities directly or indirectly attributable to subsidiary capital. A subsidiary is a corporation whose stock is more than 50 percent owned by the taxpayer.
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Subsidiary capital means the total of the invest- ment of the taxpayer in shares of stock of its sub- sidiaries, and the amount of indebtedness owed to the taxpayer by its subsidiaries, whether or not evi- denced by written instrument, on which interest is not claimed and deducted by the subsidiary for purposes of any tax imposed by Subchapter 2 or 3, Chapter 6 of Title 11 of the Administrative Code. Subsidiary capital does not include accounts receivable acquired in the ordinary course of trade or business either for services rendered or for sales of property held primarily for sale to customers. Each item of subsidiary capital must be reduced by any liabilities of the taxpayer (parent) payable by their terms on demand or within one year from the date incurred, other than loans or advances outstanding for more than a year as of any date during the year covered by the report which are attributable to that item of subsidiary capital.
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Examples of Subsidiary capital in a sentence

  • Subsidiary capital percentage (If line L is zero, the subsidiary capital percentage is equal to the asset percentage.

  • Liabilities directly attributable to: Subsidiary capital 2.Investment capital 3.

  • Liabilities directly attributable to: Subsidiary capital 2.Investment capital 3.Business capital 4.Add: lines 2, 3, and 4 5.Subtract: line 5 from line 1 6.Enter amount from either:Sch.

  • On March 26, 2021, Co-Invest II, purchased 433,196 shares of Common Stock for $5,000,000.83.On February 8, 2022, Co-Invest II acquired 1,600,000 shares of Common Stock in the IPO at the public offering price of $15.00 per share.

  • Subsidiary capital.................................................

  • Subsidiary capital .................................................

  • Subsidiary capital: the amount of regulatory capital invested in subsidiaries.This co-ordinated approach to capital management serves an impor- tant business function.

  • CenterPoint seeks authority to issue short-term debt to provide financing for general corporate purposes, working capital requirements and temporary financing of Subsidiary capital expenditures.

  • In addition, the Manufacturing of coke and refined petroleum products sector was in the top quantile in the Academy of Athens (2007) study, but in our analysis ranks in the bottom quantile.

  • Schedule C, Part I — Computation and Allocation of Subsidiary Capital— Subsidiary capital is the taxpayer’s total investment in shares of capital stock of its subsidiaries and the amount of indebtedness owed to the taxpayer by its subsidiaries (whether or not evidenced by written instruments) on which interest is not claimed and deducted by the subsidiary against any tax imposed by Article 9-A, 32 or 33, less liabilities directly or indirectly attributable to subsidiary capital.


More Definitions of Subsidiary capital

Subsidiary capital means the total of the investment of the taxpayer in shares of stock of its subsidiaries, and the amount of indebtedness owed to the taxpayer by its subsidiaries, whether or not evidenced by writ-
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Related to Subsidiary capital

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Bank Holding Company means a company registered as such with the Board of Governors of the Federal Reserve System pursuant to 12 U.S.C. §1842 and the regulations of the Board of Governors of the Federal Reserve System thereunder.

  • Subsidiary Corporation means any present or future “subsidiary corporation” of the Company, as defined in Section 424(f) of the Code.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.