Tax Consolidated Group definition

Tax Consolidated Group means a “consolidated group” or an “MEC group” each as defined in the Australian Tax Act.

Tax Consolidated Group means a “Consolidated Group” or an “MEC Group” as defined in the Tax Act or any GST consolidation arrangement.

Tax Consolidated Group means the income tax consolidated group for the purposes of Part 3-90 of the Tax Act of which Emeco Holdings Limited is the head company at the date of this Indenture.

Examples of Tax Consolidated Group in a sentence

• The Tax Consolidated Group has applied the modified separate tax payer approach in determining the appropriate amount of current taxes to allocate.

• The Parent Company and its Australian resident wholly owned subsidiaries have formed a Tax Consolidated Group.

• Income taxes related to items recognised directly in equity are recognised in equity and not in the income statement.iv) Parent Company – tax consolidationThe Parent Company and its Australian resident wholly owned subsidiaries have formed a Tax Consolidated Group.

• An Australian Credit Party shall not become a member of a Tax Consolidated Group unless (i) a valid tax sharing agreement and a tax funding agreement are maintained in full force and effect in respect of that Tax Consolidated Group, (ii) it and each other member of the Tax Consolidated Group complies with such tax sharing agreement and such tax funding agreement, and (iii) each member of the Tax Consolidated Group is a Subsidiary of Holdings.

• No Australian Credit Party is a member of a Tax Consolidated Group other than a Tax Consolidated Group where the only members are Subsidiaries of Holdings and the Tax Consolidated Group is the subject of a valid tax sharing agreement and a tax funding agreement.

More Definitions of Tax Consolidated Group

Tax Consolidated Group means a Consolidated Group or an MEC Group as defined in the Income Tax Assessment Act 1997.

Tax Consolidated Group means a Consolidated Group or an MEC Group as defined in the Income Tax Assessment Act 1997 (Cth); Loan Note Subscription Agreement | DLA Piper | 36

Tax Consolidated Group means a “consolidated group” or “MEC group” (as defined in the Tax Act) of which a Transaction Party is or becomes a member.

Tax Consolidated Group means a Consolidated Group or an MEC Group as defined in (a) the Income Tax Assessment Xxx 0000 (Cth) of Australia as amended or re-enacted, (b) any statute, regulation or provision enacted in replacement of that Law, (c) another regulation or other statutory instrument made or issued under that Law, and (d) any amendment made to a statute, regulation or provision referred to in clauses (a) through (c) of this definition as a consequence of another statute, regulation or provision.

Tax Consolidated Group means a “consolidated group” or a “MEC group”, each as defined in the ITAA 1997. Tax Law includes the Tax Act and any other Laws providing for, imposing or relating to any Tax. Tax Return means any return or other document relating to Tax which must be lodged with a Tax Authority or which must prepared and retained under a Tax Law.

Tax Consolidated Group means a Consolidated Group or an MEC Group as defined in the Income Tax Assessment Act 1997. "Tax Deduction" means a deduction or withholding for or on account of Tax from a payment under a Finance Document.

Tax Consolidated Group means a ‘Consolidated Group’ or ‘MEC group’ as those terms are defined in Part 3-90 of theIncome Tax Assessment Act 1997 (Cth) of Australia to which a Credit Party is or becomes a member. “Terminated Lender” as defined in Section 2.20.