Common use of Advisory: Tax Withholding Clause in Contracts

Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an exemption exists.

Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 205 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 206 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 207 exemption exists.

Advisory: Tax Withholding. The Internal Revenue Service internal revenue service and the Colorado Department of Revenue revenue may require closing company to withhold a substantial portion of the proceeds of this Sale sale when Seller seller either (1) is a foreign person or (2) will not be a Colorado resident after closing. Seller should inquire of Seller’s seller's tax advisor to determine if withholding applies or if an exemption exists.

Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 221 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 222 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 223 exemption exists.. 224

Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 219 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 220 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 221 exemption exists.. 222

Advisory: Tax Withholding. The Internal Revenue Service and the Colorado Department of Revenue may require 206 closing company to withhold a substantial portion of the proceeds of this Sale when Seller either (1) is a foreign person or (2) will 207 not be a Colorado resident after closing. Seller should inquire of Seller’s tax advisor to determine if withholding applies or if an 208 exemption exists.