Common use of Annual Securities Account Tax Clause in Contracts

Annual Securities Account Tax. An annual securities accounts tax may be payable if the total value of securities held in a Belgian or foreign securities account (e.g., shares of Common Stock acquired under the Plan) exceeds a certain threshold on four reference dates within the relevant reporting period (i.e., March 31, June 30, September 30 and December 31). In such case, the tax will be due on the value of the qualifying securities held in such account. The International Participant should consult with a personal tax or financial advisor for additional details on the International Participant’s obligations with respect to the annual securities account tax. BRAZIL

Appears in 13 contracts

Samples: Xsip Performance Stock Unit Award Agreement (Xerox Corp), Award Agreement (Xerox Corp), Xsip Restricted Stock Unit Award Agreement (Xerox Corp)

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Annual Securities Account Tax. An annual securities accounts tax may be payable if the total value of securities held in a Belgian or foreign securities account (e.g., shares of Common Stock Shares acquired under the Plan) exceeds a certain threshold on four reference dates within the relevant reporting period (i.e., December 31, March 31, June 30, September 30 and December 31September 30). In such case, the tax will be due on the value of the qualifying securities held in such account. The International Participant should consult with a personal tax or financial advisor for additional details on the International Participant’s obligations with respect to the annual securities account tax. BRAZIL

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Veralto Corp), Restricted Stock Unit Agreement (Veralto Corp)

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Annual Securities Account Tax. An annual securities accounts tax may be payable if the total value of securities held in a Belgian or foreign securities account (e.g., shares of Common Stock Shares acquired under the Plan) exceeds a certain threshold on four reference dates within the relevant reporting period (i.e., December 31, March 31, June 30, September 30 and December 31September 30). In such case, the tax will be due on the value of the qualifying securities held in such account. The International Participant Optionee should consult with a the Optionee's personal tax or financial advisor for additional details on the International ParticipantOptionee’s obligations with respect to the annual securities account tax. BRAZIL

Appears in 1 contract

Samples: Stock Option Agreement (Veralto Corp)

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