Tax Losses definition
Examples of Tax Losses in a sentence
It is the intent of the Partners that, to the extent possible, all Regulatory Allocations shall be offset either with other Regulatory Allocations or with special allocations of other items of Taxable Income, Tax Losses and items of income, gain, loss, or deduction pursuant to this Section 11.08.
Taxable Income, Tax Losses, and Tax Credits for all purposes of this Agreement shall be determined in accordance with the accrual accounting method.
For purposes of determining the Taxable Income (or Tax Losses) or any other items allocable to any period, Taxable Income (or Tax Losses) and any such other items shall be determined on a daily, monthly, or other basis, as determined by the General Partner using any permissible method under Code Section 706 and the Treasury Regulations thereunder.
To cover losses on delinquent tax sales, counties using the Teeter Plan must maintain a Tax Losses Reserve Fund.
The penalties and interest are accumulated in a Tax Losses Reserve Agency Fund.