Common use of FISCAL TERMS Clause in Contracts

FISCAL TERMS. Income arising from the Exploitation of Transboundary Reservoirs shall be taxed in accordance with the legislation of the United Mexican States and the United States of America respectively, as well as the Convention between the Government of the United States of America and the Government of the United Mexican States for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital, signed on September 18th, 1992, as amended (and as may be amended in the future), or any Convention superseding that Convention as the Parties may enter into in the future. CHAPTER 4 INSTITUTIONAL ARRANGEMENTS

FISCAL TERMS. Income arising from the Exploitation of Transboundary Reservoirs shall be taxed in accordance with the legislation of the United Mexican States and the United States of America respectively, as well as the Convention between the Government of the United States of America and the Government of the United Mexican States for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and Capital, signed on September 18th18th , 1992, as amended (and as may be amended in the future), or any Convention superseding that Convention as the Parties may enter into in the future. CHAPTER 4 INSTITUTIONAL ARRANGEMENTS.