Ecuadorian Taxes Sample Clauses

Ecuadorian Taxes. Partner shall be entitled to withhold or deduct any portion of the payments due Red Hat if such witholding or deduction is (a) required under applicable law or regulation, domestic or foreign, and (b) based on Red Hat’s net income. In such case, Partner shall provide Red Hat with receipts and documentation to substantiate such withholding and Partner will not be required to increase the sum payable to Red Hat by the amount necessary to yield to Red Hat an amount equal to the sum it would have received had no withholdings or deductions been made,