Common use of Internal Taxation Clause in Contracts

Internal Taxation. 1. The Parties commit themselves to apply any internal taxes and other charges and regulations in accordance with Article III of the GATT 1994 and other relevant WTO Agreements. 2. Exporters may not benefit from repayment of internal taxation in excess of the amount of direct or indirect taxation imposed on products exported to the territory of one of the Parties.

Internal Taxation. 1. The Parties commit themselves to apply any internal taxes and other charges and regulations in accordance with Article III of the GATT 1994 and other relevant WTO Agreements. 2. Exporters may shall not benefit from repayment refunds of internal taxation in excess of indirect taxation, which exceeds the amount of direct or indirect taxation that has been directly or indirectly imposed on products exported to the territory of one of the Parties.