Allocation of State Sales Tax Revenues and Issuer Sales Tax Revenues. In making distributions of State Sales Tax Revenues and Issuer Sales Tax Revenues pursuant to Article IV:
Allocation of State Sales Tax Revenues and Issuer Sales Tax Revenues Sample Clauses
Related to Allocation of State Sales Tax Revenues and Issuer Sales Tax Revenues
State Sales and Use Taxes The Owner qualifies for exemption from certain State and Local Sales and Use Taxes pursuant to the provisions of Tex. Tax Code, Chapter 151. The Contractor may claim exemption from payment of applicable State taxes by complying with such procedures as prescribed by the State Comptroller of Public Accounts. Contractor shall not be entitled to reimbursement for taxes paid on items that are exempt from taxation.
Tax Payments Each Company shall be liable for and shall pay the Taxes allocated to it by this Section 2 either to the applicable Tax Authority or to the other Company in accordance with Section 4 and the other applicable provisions of this Agreement.
