State Use Tax Clause Samples

The State Use Tax clause establishes the obligation for a party to pay any applicable state use taxes related to the transaction or goods and services provided under the agreement. In practice, this means that if the items purchased are not subject to sales tax at the point of sale but are later used, stored, or consumed in a state that imposes a use tax, the responsible party must report and remit the tax to the appropriate state authority. This clause ensures compliance with state tax laws and clarifies which party bears the responsibility for these taxes, thereby preventing disputes and potential penalties for non-payment.
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State Use Tax. The Concessionaire’s revenue is subject to State Use Tax, unless the Concessionaire is exempt from paying Use Tax on commission fees to the Department. If it is tax exempt, the Concessionaire will provide verification of its tax-exempt status by completing Exhibit B, State Use Tax Exempt Certification Form. State Use Tax is calculated as a percentage of the amount paid to the Department, equals to the sum of the state sales tax and applicable county discretionary sales tax percentages.
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Related to State Use Tax

  • FEDERAL AND STATE TAX The County is exempt from Federal and State Sales and Use Taxes for tangible personal property (Certificate of Registry for tax transactions under Chapter 32, Internal Revenue Code and Florida Sales/Use Tax Exemption Certificate). The Manager, Procurement Division will sign an exemption certificate submitted by the Contractor. Contractors doing business with the County shall not be exempted from paying sales tax to their suppliers for materials to fulfill contractual obligations with the County, nor shall any Contractor be authorized to use the County’s Tax Exemption Number in securing such materials.

  • Federal, State and Local Taxes Unless otherwise specified, the proposal price shall include all applicable federal, state and local taxes. Contractor shall pay all taxes lawfully imposed on it with respect to any product or service delivered in accordance with this Agreement. City is exempt from state sales or use taxes and federal excise taxes for direct purchases. These taxes shall not be included in the Agreement. Upon request, City shall provide to the Contractor a certificate of tax exemption. City makes no representation as to the exemption from liability of any tax imposed by any governmental entity on the Contractor.

  • Sales and Use Tax Any sales and use tax that may accrue because of this transaction must be paid when due by None Buyer Seller One-Half by Buyer and One-Half by Seller.

  • Federal and State Taxes Under this Agreement, the Client shall not be responsible for: Withholding FICA, Medicare, Social Security, or any other federal or state withholding taxes from the Contractor’s payments to employees or personnel or make payments on behalf of the Contractor; Make federal or state unemployment compensation contributions on the Contractor’s behalf; and the payment of all taxes incurred related to or while performing the Services under this Agreement, including all applicable income taxes and, if the Contractor is not a corporation, all applicable self-employment taxes. Upon demand, the Contractor shall provide the Client with proof that such payments have been made.

  • Gift Tax Transfers of your IRA assets to a named Beneficiary made during your life and at your request, may be subject to federal gift tax under IRC Sec. 2501.