Example ContractsClausesdetermination of income or lossVariants
Determination of Income or Loss
Determination of Income or Loss contract clause examples

any income or gain of the Company that is exempt from federal income tax and not otherwise taken into account in computing Profits or Losses shall be added to such taxable income or loss;

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Any income of the Company that is exempt from federal income tax and not otherwise taken into account in computing Profits or Losses pursuant to this definition shall be added to such taxable income or loss;

Source document

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