Compliance with Tax collection obligations. (i) All Tax deductible and payable under any Taxation statute, law, rule or regulation has, so far as is required to be deducted, been deducted from all payments made or treated as made by the Company and all amounts due to be paid to all relevant Tax authorities prior to the date of this Agreement have been so paid. (ii) All payments by the Company to any person which ought to have been made under deduction of Tax have been so made and the Company (if required by law to do so) has accounted to all relevant Tax authority for the Tax so deducted. (iii) Proper records have been maintained in respect of all such deductions and payments and all applicable regulations have been complied with.
Appears in 5 contracts
Samples: Sale and Purchase Agreement (China Natural Resources Inc), Sale and Purchase Agreement (China Natural Resources Inc), Share Purchase Agreement (China Natural Resources Inc)
Compliance with Tax collection obligations. (ia) All Tax tax deductible and payable under any Taxation statute, law, rule or regulation has, so far as is required to be deducted, been deducted from all payments made or treated as made by the Company and all amounts due to be paid to all relevant Tax Taxation authorities prior to the date of this Agreement have been so paid.
(iib) All payments by the Company to any person which ought to have been made under deduction of Tax tax have been so made and the Company (if required by law to do so) has accounted to all the relevant Tax fiscal authority for the Tax tax so deducted.
(iiic) Proper records have been maintained in respect of all such deductions and payments and all applicable regulations have been complied with.
Appears in 2 contracts
Samples: Agreement for Sale and Purchase of Shares (Integrated Media Technology LTD), Sale and Purchase Agreement (China Media Group CORP)