GIS » Topics » TAXES

This excerpt taken from the GIS 8-K filed Dec 14, 2007.

TAXES

 

Lessee shall pay to Operator the commercial Federal excise tax imposed on the transportation of persons for flights conducted under this Agreement. Amounts due for taxes shall be included on the invoices submitted to Lessee.

 

This excerpt taken from the GIS 8-K filed Oct 15, 2007.
Taxes.  The Company and its Subsidiaries have filed all Federal and other material tax returns and reports required to be filed, and have paid all Federal and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their Properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings and for which adequate reserves have been provided in accordance with GAAP. Except as disclosed in the Company’s annual report on

 

44




Form 10-K for the fiscal year ended May 27, 2007, there is no tax assessment against the Company or any of its Subsidiaries which, if sustained, would have a Material Adverse Effect.

Section 5.11.  

This excerpt taken from the GIS 8-K filed Aug 7, 2007.
Taxes. The Company and its Subsidiaries have filed all Federal and other material tax returns and reports required to be filed, and have paid all Federal and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their Properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings and for which adequate reserves have been provided in accordance with GAAP. There is no tax assessment against the Company or any of its Subsidiaries which, if sustained, would have a Material Adverse Effect.

Section 5.11.

This excerpt taken from the GIS 8-K filed Dec 28, 2006.

TAXES

 

Lessee shall pay to Operator the commercial Federal excise tax imposed on the transportation of persons for flights conducted under this Agreement. Amounts due for taxes shall be included on the invoices submitted to Lessee.

 

This excerpt taken from the GIS 8-K filed Oct 17, 2006.
Taxes. The Company and its Subsidiaries have filed all Federal and other material tax returns and reports required to be filed, and have

 

36





paid all Federal and other material taxes, assessments, fees and other governmental charges levied or imposed upon them or their Properties, income or assets otherwise due and payable, except those which are being contested in good faith by appropriate proceedings and for which adequate reserves have been provided in accordance with GAAP. There is no tax assessment against the Company or any of its Subsidiaries which, if sustained, would have a Material Adverse Effect.

Section 5.11.

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