Common use of California Withholding Clause in Contracts

California Withholding. To the extent any portion of the Services is performed in the State of California, either: (a) Contractor represents that Contractor is a California resident or registered with the California Secretary of State and shall provide Company with an original and a copy of Form 590, Withholding Exemption Certificate, in accordance with California Revenue and Taxation Code Section 18662 and regulations thereunder; or (b) seven percent (7%) of all compensation payable to Contractor for the Services performed in California shall be withheld in accordance with applicable California Franchise Tax Board (“FTB”) regulations, unless Company has been notified in writing by FTB that withholding is waived or a lower rate or withholding is authorized. Minimization of Tax Liability. Contractor and Company shall cooperate in good faith to minimize their respective tax liability to the extent legally permissible (and with no duty to increase either Party’s tax liability), which, with respect to Contractor, includes separately stating taxable charges on Contractor’s invoices and supplying resale and exemption certificates, if applicable, and any other information reasonably requested by Company.