Common use of FACSIMILE, ELECTRONIC & DIGITAL SIGNATURES Clause in Contracts

FACSIMILE, ELECTRONIC & DIGITAL SIGNATURES. A facsimile, electronic or digital signature on this Contract shall be deemed an original and binding upon the Parties hereto. [1] (a) The Government of the Virgin Islands, including its instrumentalities, agencies and public corporations, when making a payment as defined under subsection (b) of this section, to any person, partnership, firm, corporation, or other business association that is subject to the payment of gross receipts tax under the provisions of this title, shall deduct and withhold from such payment gross receipts tax equal to four percent of such payment. Such tax shall be paid to the Virgin Islands Bureau of Internal Revenue within ten days of the last day of the calendar month during which such tax was withheld on forms to be provided by the Virgin Islands Bureau of Internal Revenue.