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).
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Examples of Transition adjustment in a sentence

  • 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.

  • 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.

  • Transition adjustment/ calculations for employees based at Mumbai & Delhi is provided in table 4.

  • Transition adjustment In accordance with the IAS 39, revised, the unrecycled adjustment to retained earnings relating to fair values of available for sale investments, arising on the adoption of IAS 39, has been reclassified from retained earnings to cumulative changes in fair value on 1 January 2003.

  • 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.

  • The Members are the record and beneficial owner of one hundred percent (100%) of the Transferor Interests, free and clear of any Liens.

  • 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).

  • 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 .

  • Three Months Ended June 30, Six Months Ended June 30, 2008200720082007Balance, beginning of period Transition adjustment on adoption ofaccounting policies$ (19,670)$ (4,487)$ (9,354) -$ - (4,816)Other comprehensive income (loss)224847(10,092)1,176Balance, end of period$ (19,446)$ (3,640)$ (19,446)$ (3,640)AOCL represents gains and losses on derivative instruments and investments.

  • Accumulated other comprehensive loss September 30,2008December 31,2007Opening balance$ (9,862)$ -Transition adjustment to opening balance-6,375Unrealized gains (losses) on available-for-sale investments(68,370)39,354Realized gains on available-for-sale investments10,188(55,591) Closing balance $ (68,044) $ (9,862) 10.

Related to Transition adjustment

  • Dilution Adjustment means any fraction or number by which the Exchange Rate shall be multiplied pursuant to Section 6.1(a), (b), (c) or (d).

  • Inflation adjustment means that term as defined in the master settlement agreement.

  • 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.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

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

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

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

  • 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;

  • 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.

  • SNB Adjustment Spread means, with respect to the SNB Policy Rate, the spread to be applied to the SNB Policy Rate in order to reduce or eliminate, to the extent reasonably practicable under the circumstances, any economic prejudice or benefit (as applicable) to Noteholders as a result of the replacement of the Swiss Average Rate Overnight with the SNB Policy Rate for purposes of determining SARON, which spread will be determined by the Calculation Agent, acting in good faith and a commercially reasonable manner, taking into account the historical median between the Swiss Average Rate Overnight and the SNB Policy Rate during the two year period ending on the date on which the SARON Index Cessation Event occurred (or, if more than one SARON Index Cessation Event has occurred, the date on which the first of such events occurred).