Tax Distribution

Tax Distribution. The amount to be distributed to Yew equal to the following: i. the Tax Rate times the Subchapter S Ordinary Income/Losses, plus 2 ii. the Capital Gain Tax Rate times the Subchapter S Capital Gains/Losses, less iii. the total amount of any tax credits reported as allowable to Yew under the Form K-1.

Tax Distribution. Shall have the meaning ascribed to such term in the LLC Agreement.

Tax Distribution. Means, with respect to any Person, any dividend or other distribution to any direct or indirect member of an affiliated group that files a consolidated U.S. Federal tax return with such Person, in accordance with any tax sharing agreement or similar arrangement in each case in an amount not in excess of the amount that such Person (or such Person and its subsidiaries) would have been required to pay in respect of Federal, State or local Taxes, as the case may be, in respect of such year if such... Person had paid such Taxes directly as a stand-alone taxpayer (or on behalf of a stand-alone group). View More