Unitary Return definition

Unitary Return means any Return with respect to any Taxes, other than federal Income Taxes, filed, or required to be filed, on a consolidated, combined or unitary basis by any group of corporations of which Vail is a member or has been a member at any time since its date of incorporation.
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Unitary Return means a tax return filed or required to be filed in any State using any form of the unitary concept and including both a Member or Members of the GBC Group and a Member or Members of the Lane Group. ARTICLE 2 STATEMENT OF INTENTION 2.1 Except as otherwise expressly provided herein, this Agreement shall be understood and construed consistent with the following statement of the general intention of the parties which is intended as an aid in the interpretation and construction of the operative provisions of this Agreement as set forth below: (a) This Agreement shall be considered a two-party agreement, with the GBC Group being one party and the Lane Group being the other party.
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Unitary Return any return required to be filed by a Company Affiliated Group for any period beginning prior to the Closing Date with respect to any Taxes (other than federal income Taxes) on a consolidated, combined or unitary basis.
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Examples of Unitary Return in a sentence

  • If such an Other Unitary Return with respect to Other Unitary Taxes is not filed, the responsible party as required by applicable law shall be responsible for the reporting and payment of any Other Unitary Taxes applicable to such party.

  • The standard for decision shall be whether it is more likely than not that a Unitary Return is required or permitted under the applicable law and all the relevant facts and circumstances.

  • To the extent Cheniere is permitted or required to file an Other Unitary Return with Liquefaction on a consolidated, combined or unitary basis, the provisions of this TSA relating to Texas franchise tax matters shall apply to such Other Unitary Taxes as if they were Texas franchise taxes.

  • Seller and the Acquired Companies have made available to Buyer correct and complete copies of all local and state income Tax Returns of the Acquired Companies and those portions of any Consolidated Return or Unitary Return filed by any Company Affiliated Group to the extent applicable to the Acquired Companies.

  • If, as a result of any Separate Claim, it is determined that TNT Holding should not have been included in a Post-Closing Unitary Return, Parent shall pay TNT Holding an amount equal to the amount, if any, previously paid to Parent by TNT Holding pursuant to Sections 2 and 4 of this Agreement for the period or periods covered by the Separate Claim decreased by the amount, if any, which the taxing authority refunds or credits to TNT Holding for the period covered by the Separate Claim.

  • Adjustments to any calculation of TNT Holding's hypothetical tax liability shall be made where necessary or appropriate to ensure that TNT Holding does not suffer any detriment or realize any benefit (as a result of being included in a Post-Closing Unitary Return) as compared to TNT Holding's filing a separate return utilizing the Section 4 Policies.

  • The parties will also consult and cooperate with each other and shall furnish each other with information concerning the status of any tax audit or tax refund claim relating to any consolidated federal income tax return or Unitary Return of the Group.

  • To the extent Cheniere is permitted or required to file an Other Unitary Return with the Partnership on a consolidated, combined or unitary basis, the provisions of this TSA relating to Franchise Tax matters shall apply to such Other Unitary Taxes as if they were Franchise Taxes.

  • The Unitary Tax Difference is the current Unitary Tax Liability less the aggregate Separate Unitary Return Tax of the subsidiaries with positive Separate Unitary Return Tax.


More Definitions of Unitary Return

Unitary Return means a state, local, or foreign unitary, consolidated, or combined income, franchise, business, or net worth tax return.
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Unitary Return has the meaning set forth in Section 10.1(i).
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Related to Unitary Return

  • Nil Return has the meaning given to it in paragraph 3.3 of Framework Schedule 9 (Management Information);

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Consolidated Return means any Tax Return with respect to Federal Income Taxes filed by the Consolidated Group pursuant to Section 1501 of the Code.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Joint Return means any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.