Tax Litigation definition

Tax Litigation means Agua Caliente Solar, LLC v. Arizona Department of Revenue, AZ Sup. Ct. No. TX2020-000987.
Sample 1Sample 2Sample 3
Tax Litigation means any claim, legal action, proceeding, suit, litigation, prosecution, investigation, arbitration or other dispute resolution process, or administrative or criminal proceedings, or regulatory agency action (or any judgment, decree, injunction, order or decision relating to any of the foregoing) relating to Tax;
Sample 1Sample 2Sample 3
Tax Litigation means the litigation between Amermin and the Servicio de Administracion Tributaria, contesting the tax claim which gave rise to the Embargo, as more particularly described in Schedule “N”;
Sample 1Sample 2

Examples of Tax Litigation in a sentence

  • Therefore, Quiport filed a lawsuit before the District Tax Litigation Court - TDCT on December 5, 2018 against the SRI Resolution.

  • French Tax Litigation In November 2015 the Group received a challenge from the French tax authorities that could lead to additional tax liabilities of up to £248 million.

  • The Board of Education hereby authorizes and directs the District Treasurer to transfer the amount of $300,000.00 from the General Fund Unassigned Fund Balance to the Tax Litigation Reserve Fund as follows: From: A917 Unassigned Fund Balance $300,000.00 To: A864 Tax Litigation Reserve Fund $300,000.00 2.

  • Buck, Federal Tax Litigation and the Tax Division of the Department of Justice, 27 Va. L.

  • In addition, the Registration Statement reflects that we intend to become a perpetual-life REIT and reflects a restructuring of the share classes we intend to offer and the compensation to be paid to our Dealer Manager and our Advisor.

  • In contrast, the legality of the tax assessment will be reviewed by the general civil division of the court (see 4.1 Initia- tion of Judicial Tax Litigation).

  • The Municipalities, with the exception of Holderness and Meredith, are co-defendants in property tax litigation in Merrimack County Superior Court regarding municipal assessments on FairPoint’s telephone poles and conduits and its use and occupancy of municipal rights-of-way (the Tax Litigation).

  • Tax Litigation — On May 14, 2012 and December 17, 2012, the Company filed petitions in the U.S. Tax Court challenging the 2005-2007 and 2009 Notices of Deficiency, respectively, pursuant to which the IRS determined that the Company owes additional corporate income taxes because certain deductions relating to securities losses were capital in nature, rather than ordinary losses.

  • In the event, that prior to the Closing, the Tax Litigation Obligation becomes due and payable, the Seller shall give notice to Buyer as soon as reasonable practicable, and Buyer shall have the option to terminate this Agreement or satisfy the Tax Obligation, and proceed to Closing after the other conditions to this Agreement have been satisfied.

  • Further evidencing FHFA’s misuse of the statute is the fact that its motion suffers from the very same flaw it rightly decried in the motion for consolidation in In re Real Estate Transfer Tax Litigation: that the related cases lack common questions of fact.


More Definitions of Tax Litigation

Tax Litigation has the meaning set forth in Section 6.5.
Sample 1
Tax Litigation means the Ad Valorem Tax challenges being conducted by the Corporation with respect to Ad Valorem Taxes.
Sample 1
Tax Litigation the litigation which the Borrowers will commence as plaintiffs in the United States District Court for the District of Nevada against the United States of America seeking a refund of Federal income taxes paid by the Borrowers in the aggregate amount of approximately $8,974,072, plus interest and penalties, if any, arising from a certain Notice of Deficiency issued by the Internal Revenue Service to Sunbelt and its Affiliates dated February 13, 1998.
Sample 1
Tax Litigation means the Canadian income tax litigation related to the claim by SCDA of a step-up in the tax basis of certain investments owned by it at the end of 2005 to their fair market value at that time (which affects the computation of the Canadian federal and provincial taxable income of SCDA for its 2006 and following taxation years), being Tax Court of Canada files 2012-1431(IT)G and 2013-203(IT)G relating to the 2006 and 2007 taxation years of SCDA and similar disputes related to subsequent taxation years of SCDA and all related provincial income tax matters, in each case including all appeals.
Sample 1
Tax Litigation has the meaning set out in Section 3.4.1. Tax or Taxes means all taxes and tax-like charges (including direct and indirect corporate income taxes, corporation tax, capital gains tax, federal and state tax, transfer taxes, value added tax, sales tax, customs charges, withholding tax, mandatory employment pension contributions and social security contributions and taxes, employer’s tax, customs, excise and other duties) and any other taxes which may be payable to or imposed by any tax authority or other governmental entity to- gether with any late payment charges or other penalty charges, surcharges, or other additions to tax in relation to any of the aforesaid. Tax Return means any return, declaration, report, claim for refund, information return or statement or other document relating to Taxes, including any schedule or at- tachment thereto, and including any amendment thereof. Third Party Claim means any claim by a third party (including authorities) against any of the Group Companies or the Buyer resulting in a potential breach by a Seller of the Agree- ment. Transaction means the sale by the Sellers and the purchase by the Buyer of the Shares and all other transactions contemplated by the agreements and documents to be signed and/or delivered by the Sellers to the Buyer or by the Buyer to the Sellers, all in accordance with the terms and conditions of this Agreement. Transferred Ky Partnership Inter- ests has the meaning set out in the introductory paragraph (C) hereof. Transitional Ser- vices Agreement means a Transitional Services Agreement to be negotiated between the Sellers and the Buyer. 2
Sample 1
Tax Litigation shall have the meaning set forth in Clause 11.7.5;
Sample 1

Related to Tax Litigation

  • Pending Litigation means a proceeding in a court of law whose activity is in progress but not yet completed.

  • Transaction Litigation has the meaning set forth in Section 5.2(d).

  • Threatened litigation as used herein shall include governmental investigations and civil investigative demands. “Litigation” as used herein shall include administrative enforcement actions brought by governmental agencies. The Grantee must also disclose any material litigation threatened or pending involving Subcontractors, consultants, and/or lobbyists. For purposes of this section, “material” refers, but is not limited, to any action or pending action that a reasonable person knowledgeable in the applicable industry would consider relevant to the Work under the Grant Agreement or any development such a person would want to be aware of in order to stay fully apprised of the total mix of information relevant to the Work, together with any litigation threatened or pending that may result in a substantial change in the Xxxxxxx’s financial condition.

  • Tax Contest means an audit, review, examination, or any other administrative or judicial proceeding with the purpose or effect of redetermining Taxes (including any administrative or judicial review of any claim for refund).

  • Litigation means any lawsuit, action, arbitration, administrative or other proceeding, criminal prosecution or governmental investigation or inquiry.

  • Tax Audit means any audit, assessment, or other examination relating to Taxes by any Tax Authority or any judicial or administrative proceedings relating to Taxes.

  • Material Litigation means any litigation that, according to

  • Tax Proceeding has the meaning set forth in Section 5.2(a).

  • Disclosed Litigation has the meaning specified in Section 3.01(b).

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Tax Action means (a) an amendment to, change in or announced proposed change in the laws (or any regulations thereunder) of the United States or any political subdivision or taxing authority thereof or therein, (b) a judicial decision interpreting, applying or clarifying such laws or regulations, (c) an administrative pronouncement or action that represents an official position (including a clarification of an official position) of the governmental authority or regulatory body making such administrative pronouncement or taking such action, or (d) a threatened challenge asserted in connection with an audit of the Company or any of its subsidiaries, the Partnership, or the Trust, or a threatened challenge asserted in writing against any other taxpayer that has raised capital through the issuance of securities that are substantially similar to the Debentures, the Partnership Preferred Securities, or the Trust Preferred Securities, which amendment or change is adopted or which decision, pronouncement or proposed change is announced or which action, clarification or challenge occurs on or after the date of the prospectus related to the issuance of the Trust Preferred Securities. "10% in liquidation amount of the Trust Securities" means, except as provided in the terms of the Trust Preferred Securities or by the Trust Indenture Act, Holder(s) of outstanding Trust Securities voting together as a single class or, as the context may require, Holders of outstanding Trust Preferred Securities or Holders of outstanding Trust Common Securities voting separately as a class, who are the record owners of 10% or more of the aggregate liquidation amount of all outstanding Trust Securities of the relevant class.

  • Tax Matter has the meaning set forth in Section 7.01.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Tax Authority means, with respect to any Tax, the governmental entity or political subdivision thereof that imposes such Tax, and the agency (if any) charged with the collection of such Tax for such entity or subdivision.

  • Informal proceedings means proceedings for probate of a will or appointment of a personal representative conducted by the probate register without notice to interested persons.

  • Class Counsel Litigation Expenses Payment mean the amounts allocated to Class Counsel for reimbursement of reasonable attorneys’ fees and expenses, respectively, incurred to prosecute the Action.

  • Unresolved Claim means a Claim, which at the relevant time, in whole or in part: (a) has not been Finally Determined to be a Proven Claim in accordance with the Amended Claims Procedure Order and this Plan; (b) is validly disputed in accordance with the Amended Claims Procedure Order; and/or (c) remains subject to review and for which a Notice of Allowance or Notice of Revision or Disallowance (each as defined in the Amended Claims Procedure Order) has not been issued to the Creditor in accordance with the Amended Claims Procedure Order as at the date of this Plan, in each of the foregoing clauses, including both as to proof and/or quantum;

  • Current Proceeding means any proceeding conducted under any provisions of this subsection that

  • Litigation Claims means the claims, rights of action, suits or proceedings, whether in law or in equity, whether known or unknown, that any Debtor or any Estate may hold against any Person or Entity, including, without limitation, the Causes of Action of the Debtors or their Estates, in each case solely to the extent of the Debtors’ or their Estates’ interest therein. A non-exclusive list of the Litigation Claims held by the Debtors as of the Effective Date will be Filed with the Plan Supplement, which will be deemed to include any derivative actions filed against any Debtor as of the Effective Date.

  • Tax Controversy means any audit, examination, dispute, suit, action, litigation or other judicial or administrative proceeding initiated by KBR, Halliburton, the IRS or any other Tax Authority.

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Unresolved Claims has the meaning set forth in Section 7.6(c).

  • Complaint Investigation means an investigation of any complaint that has been made to a proper authority that is not covered by an abuse investigation.

  • Tax Refund means a refund of Taxes previously paid and any overpayment interest within the meaning of Section 6611 of the Code or any similar provision under applicable Tax Law (whether paid by way of a refund or credited against any liability for related Taxes).

  • ADR Proceeding means either an Arbitration or a Mediation.