Common use of Income Tax Reporting Clause in Contracts

Income Tax Reporting. As a condition to Employee's entitlement to all amounts to be paid hereunder, Employee shall report all Base Salary and all other compensation to be paid to Employee hereunder as earned income for federal, state or local income tax purposes.

Income Tax Reporting. As a condition to Employee's entitlement to all amounts to be paid hereunder, Employee shall report all the Base Salary Salary, portion of the allowances attributable to personal use and all other compensation to be any bonuses paid to Employee hereunder as earned income for federal, state or local income tax purposes.