Common use of Exemption from Taxation Clause in Contracts

Exemption from Taxation. 1. The Bank, its assets, property, income and its operations and transactions, shall be exempt from all taxation and from all customs duties. The Bank shall also be exempt from any obligation for the payment, withholding or collection of any tax or duty.

Appears in 5 contracts

Samples: www.legislation.gov.au, Treaty Series, www.adb.org

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Exemption from Taxation. 1. The Bank, its assets, property, income and its operations and transactions, shall be exempt from all direct taxation and from all customs duties. The Bank shall also be exempt from any obligation duties on goods imported for the payment, withholding or collection of any tax or dutyits official use.

Appears in 3 contracts

Samples: Agreement, Agreement, www.insdip.com

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Exemption from Taxation. 1. The Bank, its assets, property, income and its operations and transactions, transactions shall be exempt from all taxation and from all customs duties. The Bank shall also be exempt from any obligation for the payment, withholding or collection of any tax or duty.

Appears in 2 contracts

Samples: Agreement, Agreement

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