Tax Purposes definition

Tax Purposes means any tax purpose for which information may be provided under a scheduled Agreement or matters incidental thereto;
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Tax Purposes means for U.S. federal income tax purposes together with any state and local tax purposes to the extent following U.S. federal income tax principles.
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Tax Purposes has the meaning set forth in Section 6.1.
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Examples of Tax Purposes in a sentence

  • The classification, realization and recognition of income, gain, losses and deductions and other items shall be computed (i) for U.S. federal income tax purposes, on the accrual method of accounting, and (ii) for Canadian Tax Purposes, in accordance with the Income Tax Act.

  • For examples of additional information that may be included in a Competent Authority Request, see Appendix 2 of the Global Forum on Transparency and Exchange of Information for Tax Purposes Exchange of Information Working Manual (“EOI Working Manual”), currently found at ▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇/tax/transparency/EOI%20manual.pdf, and equivalent successor publications.

  • The General Partner shall arrange for the preparation and timely filing of all returns of Partnership income, gains, deductions, losses and other items required of the Partnership for U.S. federal and state income tax purposes and, where applicable, Canadian Tax Purposes.

  • If, with respect to a given fiscal year, no distribution is made by the Partnership or the Partnership has a Loss for Canadian Tax Purposes, one quarter of the Income for Canadian Tax Purposes or the Loss for Canadian Tax Purposes, as the case may be, for such fiscal year, will be allocated to the Partners of record at the end of each Quarter ending in such fiscal year pro rata to their respective Percentage Interests at each such date.

  • The Managing Partner is authorized to allocate Profits and Losses For Tax Purposes arising in any calendar year differently than otherwise provided for in this Section 8.6 to the extent that the Managing Partner determines, in his discretion, that such modifications are appropriate to cause the allocations to comply with the principles of Section 704 of the Internal Revenue Code and such modifications are in the overall best interests of the Partners.


More Definitions of Tax Purposes

Tax Purposes has the meaning set forth in Section 9.1.
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Tax Purposes means for U.S. federal income tax purposes together will all applicable state and local income tax purposes.
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Tax Purposes means any of the following persons:
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Tax Purposes has the meaning set forth in Section 18.3 of this Agreement.
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Tax Purposes shall have the meaning given to such term in Section 8.1.
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Tax Purposes has the meaning set forth in Section 12.1. “Tax Return” means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto. “Taxing 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, including any governmental or quasi- governmental entity or agency that imposes, or is charged with collecting, social security or similar charges or premiums. “Transfer Taxes” has the meaning set forth in Section 12.5. “Treasury” means the United States Department of the Treasury. “Units” has the meaning set forth in Section 2.1(b).
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Tax Purposes as a reorganization within the meaning of Section 368(a) of the Code. In rendering such opinion, Skadden, Arps, Slate, Meagher & Flom, LLP may require and rely upon (and may ▇▇▇▇▇▇ora▇▇ by reference) representations and covenants, including those contained in certificates of officers of Parent, the Company, Sub and others.
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