Common use of Payment of Taxes to Tax Authority Clause in Contracts

Payment of Taxes to Tax Authority. Distributing shall be responsible for remitting to the proper Tax Authority the Tax shown on any Tax Return for which it is responsible for the preparation and filing pursuant to Section 3.1(a) or Section 3.2(a), and Controlled shall be responsible for remitting to the proper Tax Authority the Tax shown on any Tax Return for which it is responsible for the preparation and filing pursuant to Section 3.2(b).

Appears in 4 contracts

Samples: Tax Sharing Agreement (Liberty Media Corp), Ii Tax Sharing Agreement (Liberty Splitco, Inc.), Ii Tax Sharing Agreement (Liberty Splitco, Inc.)

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