Transition adjustment definition

Transition adjustment means the net sum of all positive and negative adjustments to a taxpayer's Montana taxable income related to transition items provided in subsection (3).
Sample 1Sample 2Sample 3

Examples of Transition adjustment in a sentence

  • Transition adjustment due to the adoption of Accounting Standards Update No. 2016-13, Financial Instruments—Credit Losses.

  • Amounts recorded in accumulated other comprehensive income, net of tax, during the year-ended December 31, 2001, were as follows (in millions): Transition adjustment on January 1, 2001 .

  • We are attempting to negotiate a similar interlocal agreement with the City of Winter Springs.

  • The change in the method of amortization has resulted in an adjustment to opening retained earnings, which has been captioned as Transition adjustment on adoption of financial instruments standards.

  • Trade and Other Receivables (continued) Analysis of movements of impairment allowance is as follows: 2018 2017 $’000$’000At January 16,556262Impairment:- Transition adjustment charged to retained earnings 326 Write-offs/reversals (404) (102) At December 31 7,769 6,556 The maximum exposure to credit risk at the reporting date is the fair value of each class of receivables mentioned above.

  • PARCEL 1 That parcel as described in dand dated april 19, 1951, and recorded as Document its s'Te on Way 26.

  • Transition adjustment debit (credit) De-recognition of: Property, plant and equipment $ (10) Current portion of capital lease obligations 56 Capital lease obligations 161 Other regulatory liabilities 2 Recognition of: Current portion of long-term debt (56) Long-term debt (153) Net impact on retained earnings $ - The interest expense on the long-term debt is offset by interest income on the payment undertaking agreements resulting in no net effect on the Company’s net income (loss) in fiscal 2015.

  • Three Months Ended Nine Months Ended September 30, September 30, 2008200720082007Balance, beginning of period$ (19,446)$ (3,640)$ (9,354)$ -Transition adjustment on adoption ofaccounting policies - - - (4,816)Other comprehensive loss(7,602)(4,215)(17,694)(3,039)Balance, end of period$ (27,048)$ (7,855)$ (27,048)$ (7,855) AOCL represents gains and losses on derivative instruments and investments.

  • Lease Receivables, Net of Provision for Credit Losses (Continued) The movement in the provision for credit losses determined under the requirements of IFRS is as follows: 2019$’000 2018$’000Balance at beginning of year2,591 6,904IFRS 9 Transition adjustment- 732Charged in the income statement (Note 11)(2,376) (5,045)Balance at end of year215 2,591 The aggregate amount of non-performing lease receivables on which interest was not being accrued is $ NIL (2018 - $1,611,000).

  • As at 30 June 2017Under AASB 139$’000 Transition adjustment Under AASB 9As at 1 July 2017Under AASB 9$’000Loss allowance16,6771,46218,139The following table shows the reconciliation from the opening to the closing balance of the loss allowance.

Related to Transition adjustment

  • Capitalization Adjustment means any change that is made in, or other events that occur with respect to, the Common Stock subject to the Plan or subject to any Purchase Right after the date the Plan is adopted by the Board without the receipt of consideration by the Company through merger, consolidation, reorganization, recapitalization, reincorporation, stock dividend, dividend in property other than cash, large nonrecurring cash dividend, stock split, liquidating dividend, combination of shares, exchange of shares, change in corporate structure or other similar equity restructuring transaction, as that term is used in Financial Accounting Standards Board Accounting Standards Codification Topic 718 (or any successor thereto). Notwithstanding the foregoing, the conversion of any convertible securities of the Company will not be treated as a Capitalization Adjustment.

  • Substitution Adjustment Amount As defined in Section 2.03.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection. To qualify for such adjustment, Purchaser shall give written notice of the lost time not later than 30 days after end of Normal Operating Season in which time was lost and at least 10 days before Termination Date. Contracting Officer shall make prompt written acknowledgment of such notice, indicating concurrence with the number of days in the notice or the number of days Forest Service considers as qualifying for the adjustment. Lost portions of days shall be disregarded in computing time lost. The three circumstances qualifying for a Contract Term Adjustment are:

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Adjustment means each form of adjustment to consideration provided for in this clause.The parties acknowledge that the consideration under this Contract is inclusive of GST, where GST is calculated using the GST rate at the time of forming this Contract.The Contractor shall provide the Recipient with a Tax Invoice and/or adjustment notes in relation to the supply prior to an amount being paid by the Recipient under this Contract, and shall do all things reasonably necessary to assist the Recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a Supply.Where the GST rate is changed after the date of formation of this Contract the consideration under this Contract will be increased or decreased so that the consideration remains inclusive of GST, with GST calculated using the new GST Rate from the date of the change of the GST Rate that applies at the date of formation of this Contract. PrivacyFor the purposes of this Clause unless the context otherwise requires:

  • Informal adjustment means an agreement reached among the parties, with consultation, but not the consent, of the victim of the crime or other persons specified in KRS 610.070 if the victim chooses not to or is unable to participate, after a petition has been filed, which is approved by the court, that the best interest of the child would be served without formal adjudication and disposition;

  • Applicable Share Limit means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Purchase Price Adjustment shall have the meaning specified in Section 3.02.

  • Lot line adjustment means the relocation of the property boundary line in a

  • Fully Adjusted Regular Purchase Share Limit means, with respect to any reorganization, recapitalization, non-cash dividend, stock split or other similar transaction from and after the date of this Agreement, the Regular Purchase Share Limit (as defined in Section 2(a) hereof) in effect on the applicable date of determination, after giving effect to the full proportionate adjustment thereto made pursuant to Section 2(a) hereof for or in respect of such reorganization, recapitalization, non-cash dividend, stock split or other similar transaction.

  • Adjustments are all discounts, allowances, returns, disputes, counterclaims, offsets, defenses, rights of recoupment, rights of return, warranty claims, or short payments, asserted by or on behalf of any Account Debtor for any Financed Receivable.