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Land tax Sample Clauses

Land taxContractor shall pay a land tax in accordance with the section 12, Tax Code. 16.2.8.1. Contractor shall make computation of land tax in accordance with the articles 332-335. 16.2.8.2. Tax payment shall be effected in the order established by chapter 55, articles 339-341, Tax Code.
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Land tax. (a) Land Tax shall be apportioned on the amount assessed by the Commissioner of Land Tax for the year current at the Completion Date and on the basis that the assessment has been paid by the Vendor the Land is the only land owned by the Vendor and is not subject to any surcharge (including any absentee or foreign owner surcharge). (b) If the Vendor is unable to produce to the Purchaser at or prior to Completion a certificate stating that the Land is not liable for Land Tax for the year current at the Completion Date or other evidence that the Land Tax for the year current at the Completion Date has been paid then: (1) the Purchaser must complete this agreement; and (2) the Purchaser must make an adjustment in favour of the Vendor at Completion for the Purchaser’s proportion of the Land Tax calculated in accordance with the requirements of clause 7.2(a); and (3) The Vendor directs the Purchaser to deduct from the Balance Sale Price the amount of the Land Tax and to pay that amount to the Commissioner of State Revenue.
Land taxThe parties agree that, should settlement be delayed past 30 June of the current year through no fault of the Seller, then land tax is to be adjusted on settlement in accordance with clause 2.6.
Land tax. Land tax must be apportioned as if the Property were the Vendor's only Tasmanian land.
Land tax. (a) Land tax must be adjusted on the assessment that the Office of State Revenue would issue for the land tax year current at the Settlement Date if the Lot was the registered owner's only land. (b) If land tax is unpaid at the Settlement Date and the Office of State Revenue advises that it will issue a final clearance for the Lot on payment of a specified amount, then the Buyer may deduct the specified amount from the Balance Purchase Price at settlement and must pay it promptly to the Office of State Revenue. If an amount is deducted under this clause, then land tax will be treated as paid at the Settlement Date for the purposes of clause 2.6(2)." (j) Clause 2.6(12) is amended by adding "Subject to clauses 2.6(16) and 2.6 (17)," at the beginning of the clause. (k) Delete clauses 2.6(15), 2.6(16) and 2.6(17) and replace with the following: “
Land tax. Despite any other clause in the contract and general condition 15.2(b) the parties agree that for the purposes of the adjustment of land tax, the relevant assessments for land tax is any effected on the 31st December preceding the day of settlement together with any subsequent assessments which include the property. Land Tax will be adjusted based on the proportional land tax stated on the Land Tax Assessment. If, as a result of the purchasers failure to settle this contract as required before 31 December in any one year, settlement takes place the following year and Land Tax is assessed for that following year against the vendor, the purchaser shall be responsible for the total amount of Land Tax assessed against the property regardless of the vendors other land holdings. Payment of all assessed Land Tax must be paid at settlement.
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Land taxTo pay the Land Tax and any other taxes levied on the Premises;
Land taxThe Company shall pay land tax for any relevant land in the Project Area (including Non-GON Project Land) acquired by the Company at the rates applicable from time to time.
Land tax. (a) No member of the SKM Group holds any real estate such that it would be treated as a real estate holding company for any Tax purposes or has otherwise, and will not before Implementation incur, any liabilities for land Tax or like imposts. (b) No member of the SKM Group has been, and will not before Implementation become, a member of a land Tax group. (c) No member of the SKM Group has incurred, and will not before Implementation incur, any liabilities for any congestion levy or like imposts. (d) All municipal or council rates and levies or like imposts payable by any member of the SKM Group in respect of any assessment period for those imposts commencing before Implementation, have been correctly assessed and duly paid, or disclosed in Section 23.12 of the Disclosure Letter.
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