Corp Group Separate Tax Liability

Example Definitions of "Corp Group Separate Tax Liability"
Corp Group Separate Tax Liability. For a Taxable Year shall mean the liability for U.S. federal income tax (including AMT, if any) (as determined under Section 5 below) of the Corp. Group computed as though the Corp. Group filed a consolidated U.S. federal income tax return separate from the Parent Group for such taxable period and all prior taxable periods, which amount shall not be less than zero.
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