General Tax Requirements Clause Samples

General Tax Requirements. All applicable federal, state and local taxes such as net or gross income taxes and similar taxes that are statutorily ascribed to Owner will be paid and borne by Owner. All applicable federal, state and local taxes such as net or gross income taxes and similar taxes that are statutorily ascribed to the Supplier will be paid and borne by the Supplier. Nothing herein shall be construed to prohibit Supplier from invoicing and Owner from paying any applicable gross receipts tax, value added tax or other such present or future taxes that Supplier is required by law to collect from Owner.‌‌‌