US Federal Income Tax Sharing Agreement | Practical Law

US Federal Income Tax Sharing Agreement | Practical Law

A US federal income tax sharing agreement (sometimes referred to as a tax allocation agreement) to be used by a consolidated group of US corporations that includes a US parent corporation and its wholly owned US subsidiaries. It is drafted with terms favorable to the US parent corporation but aims to be reasonable and contains provisions commonly included. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.

US Federal Income Tax Sharing Agreement

Practical Law Standard Document 2-520-5887 (Approx. 18 pages)

US Federal Income Tax Sharing Agreement

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A US federal income tax sharing agreement (sometimes referred to as a tax allocation agreement) to be used by a consolidated group of US corporations that includes a US parent corporation and its wholly owned US subsidiaries. It is drafted with terms favorable to the US parent corporation but aims to be reasonable and contains provisions commonly included. This Standard Document has integrated notes with important explanations and drafting and negotiating tips.