Reporting of Income Sample Clauses

Reporting of Income. The parties acknowledge and agree that all compensation payable under this Agreement shall be subject to applicable federal and state taxes, including withholding taxes. All Form W-2 reportable compensation included in this Agreement shall be subject to all applicable withholding and subject to all applicable employer contributions, including contributions as required under the University’s retirement plan.
AutoNDA by SimpleDocs
Reporting of Income. The Escrow Agent shall report to the Internal Revenue Service, as of each calendar year-end, and to the Purchaser and Seller, as applicable, all income earned from the investment of any sum held in the Escrow Account as and to the extent required under the provisions of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (the "Code").
Reporting of Income. The Escrow Agent shall report to the Sellers and the Internal Revenue Service, as of each calendar year-end, all income earned from the investment of any sum held in the Escrow Account as income of the Sellers, whether or not said income has been distributed during such year, as and to the extent required by law. Escrow Agent shall withhold any taxes it deems appropriate in its reasonable discretion and shall remit such taxes to the appropriate authorities.
Reporting of Income. All items of income including dividends, interest and other income, gain, expense and loss recognized in the Securities Account shall be reported by Securities Intermediary in the name and tax identification number of Pledgor.
Reporting of Income. All income, dividends, earnings and profits with respect to the COLLATERAL shall be reported for federal and state income tax purposes as attributable to the PLEDGOR and not to the SECURED PARTIES. The CORPORATION and any other PERSON authorized to report income distributions or earnings are authorized to issue any required reports and forms indicating the PLEDGOR as the sole recipient of such distributions or earnings.
Reporting of Income. It will be the responsibility of the Instructor to properly report monies earned as a result of work done for EFS to the state and federal governments. EFS will distribute Internal Revenue Service Form 1099 to the state and federal governments and to Instructor describing monies earned if annual income from EFS is greater than $600. EFS does not withhold any taxes from your check. EFS encourages Instructors to maintain records of their expenses associated with teaching the class as these expenses may be used to offset income taxes. Please consult with a qualified tax preparer for information regarding your specific situation.
Reporting of Income. The Custodian shall report to the Internal Revenue Service (the “IRS”), as of each calendar year-end, and to the Company, all income earned from the investment of any sum held in the Custody Account, as and to the extent required under the provisions of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (the “Code”). The Company shall furnish the Custodian with a completed Form W-8 or Form W-9, as applicable.
AutoNDA by SimpleDocs
Reporting of Income. The compensation payable under this Agreement may be subject to federal, state and local taxation. Regulations of the Internal Revenue Service require the Metro Government to report all amounts in excess of $600.00 paid to non-corporate contractors. U of L agrees to furnish the Metro Government with its taxpayer identification number (TIN) prior to the effective date of this Agreement. U of L further agrees to provide such other information to the Metro Government as may be required by the IRS or the State Department of Revenue. Metro Government acknowledges U of L’s assertion that it is a non-profit tax-exempt corporation.
Reporting of Income. It shall be the responsibility of the Independent Contractor for properly reporting all monies earned as a result of work done for the CITY to the State and Federal Governments. The CITY shall distribute Internal Revenue Form 1099 to the Federal and State Governments describing monies earned by all Independent Contractors. Independent Contractors shall receive a copy for tax purposes.
Reporting of Income. The Authority shall report all income earned from the investment of any sum held in the Accounts, as and to the extent required under the provisions of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder (the “Code”). The Authority shall furnish the Agent with a completed Form W-8 or Form W-9, as applicable.
Time is Money Join Law Insider Premium to draft better contracts faster.