tax asset value definition

tax asset value means the value determined in accordance with, for the purpose of- Part 2, clause 2.3.9(2); andPart 5, clause 5.3.21(2); tax depreciation rules means the tax rules that relate to the determination of depreciation allowances for tax purposes;tax effect means the product of multiplication by the corporate tax rate;tax rules means the rules applicable to a GDB for determining income tax payable in the Income Tax Act 2007 (as amended from time to time, and any equivalent preceding legislation, or any subsequent legislation that supplements or replaces that Act);temporary differences means the amount determined in accordance with, for the purpose of-Part 2, clause 2.3.8; andPart 5, clause 5.3.20; term credit spread difference means the amount determined in accordance with, for the purpose of-(a) and Part 5, clause 2.4.8; and(b) Part 4, clause 4.4.9;

tax asset value means, as of any date of determination, the value of the Tax Assets as of such date, calculated using the Tax Asset Valuation Methodology.

tax asset value has the meaning ascribed to such term in Section 2.04(d)(i).

Examples of tax asset value in a sentence

• Q4 2015 and YE Highlights Deferred Tax Asset Value Recognition Improved Efficiency Asset Quality Net Income Q4 net income of $8.6 million, or $0.91 per share • Net Income includes 1x income tax benefit of $1.7 million from partial reversal of net deferred tax asset valuation allowance.

• The parties hereto agree and acknowledge the only component of the Closing Purchase Price subject to adjustment pursuant to this Section 2.7 is the Estimated Closing Net Worth Amount, and none of the Fixed Amount, the IT Purchase Price and the Deferred Tax Asset Value is subject to any post-Closing adjustment (except to the extent there may be a reduction of the IT Purchase Price pursuant to Section 5.12 and a reimbursement of the costs of medical and dental plans pursuant to Section 6.2).

More Definitions of tax asset value

tax asset value for a taxable year means the product of (A)(1) the total depreciation and amortization claimed on any member of the Spinco Tax Group’s U.S. Federal income Tax Return for such taxable year to the extent arising out of the Section 336(e) Tax Basis plus

tax asset value means the value determined in accordance with, for the purpose of-Part 2, clause 2.3.9(2); andPart 5, clause 5.3.21(2);tax depreciation rules means, for the purpose of-Part 2, for existing CPP assets, the tax rules that relate to the determination of depreciation allowances for tax purposes;Part 2, for existing CPP assets, the tax rules that relate to the determination of depreciation allowances for tax purposes;Part 5, for additional CPP assets, the tax rules that relate to the determination of depreciation allowances for tax purposes, to be applied by adopting the tax depreciation rate for the assets representing the largest proportion within each asset category, as forecast over the CPP regulatory period; tax effect means the product of multiplication by the corporate tax rate;tax rules means the rules applicable to an EDB for determining income tax payable in the Income Tax Act 2007 (as amended from time to time, and any equivalent preceding legislation, or any subsequent legislation that supplements or replaces that Act);temporary differences means the amount determined in accordance with, for the purpose of-Part 2, clause 2.3.8; andPart 5, clause 5.3.20;