TAX COLLECTION Clause Samples
The TAX COLLECTION clause establishes the responsibility for collecting and remitting applicable taxes related to the transactions or services covered by the agreement. Typically, it specifies whether the seller, service provider, or another party is required to calculate, collect, and pay sales tax, value-added tax, or other government-imposed charges. For example, in a sales contract, the seller may be required to add the appropriate tax to the invoice and remit it to the authorities. This clause ensures compliance with tax laws and clarifies which party bears the administrative burden and legal liability for tax collection, thereby preventing disputes and potential penalties.
POPULAR SAMPLE Copied 1 times
TAX COLLECTION. Customer knows, understands and agrees that, in general, FUNDA MARKETS LIMITED does not collect tax for any authority in any form or manner. Without limiting the foregoing, it is Customer's obligation alone to calculate and pay all taxes applicable to you in Customer's country of residence, or otherwise arising as a result of Customer's trading activity from the use of the FUNDA MARKETS LIMITED's services. Without derogating from Customer's sole and entire responsibility to perform tax payments, Customer agrees that FUNDA MARKETS LIMITED may deduct tax, as may be required by the applicable law, but is not obligated to do so, from the results of the activity with FUNDA MARKETS LIMITED Customer is aware that amounts that may be withdrawn by Customer from Customer’s account are "gross amounts", from which the FUNDA MARKETS LIMITED may deduct such taxes, and that Customer shall have no claim towards FUNDA MARKETS LIMITED with regard to such deductions.
TAX COLLECTION. 34.1 The CLIENT knows, understands and agrees that, in general, TRADESMART does not collect tax for any authority in any form or manner.
34.2 Without limiting the foregoing, it is the CLIENT's obligation alone to calculate and pay all taxes applicable to the CLIENT's country of residence, or otherwise arising as a result of the CLIENT's trading activity from the use of the TRADESMART's services.
34.3 Without derogating from the CLIENT's sole and entire responsibility to perform tax payments, the CLIENT agrees that TRADESMART may deduct tax, as may be required by the applicable law, but is not obligated to do so, from the results of the activity with TRADESMART.
34.4 The CLIENT is aware that amounts that may be withdrawn by the CLIENT from the CLIENT's account are "gross amounts", from which the TRADESMART may deduct such taxes, and that the CLIENT shall have no claim towards TRADESMART with regard to such deductions.
TAX COLLECTION. 36.1 Customer knows, understands and agrees that, in general, AvaTrade does not collect tax for any authority in any form or manner.
36.2 Without limiting the foregoing, it is Customer's obligation alone to calculate and pay all taxes applicable to you in Customer's country of residence, or otherwise arising as a result of Customer's trading activity from the use of the AvaTrade's services.
36.3 Without derogating from Customer's sole and entire responsibility to perform tax payments, Customer agrees that AvaTrade may deduct tax, as may be required by the applicable law, but is not obligated to do so, from the results of the activity with AvaTrade.
36.4 Customer is aware that amounts that may be withdrawn by Customer from Customer's account are "gross amounts", from which the AvaTrade may deduct such taxes, and that Customer shall have no claim towards AvaTrade with regard to such deductions.
TAX COLLECTION. Vendor shall be registered in all taxing jurisdictions where, as a seller of Products and/or Services hereunder, it is legally required to register. Vendor shall pay to the applicable taxing authority any federal, state or local excise or other similar tax imposed on Vendor or for which Vendor is legally, contractually or otherwise responsible in connection with its sale or provision of Products and/or Services under this Agreement (including, without limitation, the medical device excise tax, as set forth in the Section 4191 of the Internal Revenue Code), without seeking any reimbursement from Purchasers. Vendor shall collect from each Purchaser and pay to the applicable taxing authority any federal, state or local sales or use tax imposed on a Purchaser or for which a Purchaser is legally responsible in connection with such Purchaser’s purchase or acquisition of Products and/or Services under this Agreement. Invoices to Purchasers shall clearly and separately state the amount of such tax. If multiple items are listed on Vendor’s invoice, taxability per item per applicable taxing jurisdiction(s) must be indicated. Vendor shall promptly refund to Purchasers any overcharges of taxes collected by Vendor from Purchasers. Vendor shall pay all amounts assessed by any taxing authority as a result of Vendor’s failure to comply with this Section 6.1.
TAX COLLECTION. The County shall, in accordance with its customary practices, carry out its obligations and duties under California law to collect property taxes, delinquencies and penalties and to this end shall initiate and pursue tax sales proceedings to enforce such delinquencies and penalties in accordance with California law.
TAX COLLECTION. Customer knows, understands and agrees that, in general, GFX does not collect tax for any authority in any form or manner. Without limiting the foregoing, it is Customer's obligation alone to calculate and pay all taxes applicable to you in Customer's country of residence, or otherwise arising as a result of Customer's trading activity from the use of the GFX's services. Without derogating from Customer's sole and entire responsibility to perform tax payments, Customer agrees that GFX may deduct tax, as may be required by the applicable law, but is not obligated to do so, from the results of the activity with GFX. Customer is aware that amounts that may be withdrawn by Customer from Customer’s account are "gross amounts", from which the GFX may deduct such taxes, and that Customer shall have no claim towards GFX with regard to such deductions.
TAX COLLECTION. For the purpose of tax collection, the Palestinian Authority shall be authorized to take the following measures:
a. attachments not relating to immovable property effected by the service of documents without requiring any physical action, such as bank accounts;
b. attachment of monies and chattels in the debtor's permanent place of business or residence only;
c. public auctions of the attached property or assets;
d. requests from the local courts in the West Bank to issue restraining orders prohibiting the debtor to travel abroad; and
e. requests from the local courts in the West Bank to issue civil imprisonment orders against tax defaulters.
TAX COLLECTION. 33.1 Customer knows, understands and agrees that, in general, Company does not collect tax for any authority in any form or manner.
33.2 Without limiting the foregoing, it is Customer's obligation alone to calculate and pay all taxes applicable to you in Customer's country of residence, or otherwise arising as a result of Customer's trading activity from the use of the Company's services.
33.3 Without derogating from Customer's sole and entire responsibility to perform tax payments, Customer agrees that Company may deduct tax, as may be required by the applicable law, but is not obligated to do so, from the results of the activity with Company.
33.4 Customer is aware that amounts that may be withdrawn by Customer from Customer's account are "gross amounts", from which the Company may deduct such taxes, and that Customer shall have no claim towards Company with regard to such deductions.
TAX COLLECTION. Until full payment and performance of all obligations of Issuer under the Bond and this Agreement, the Issuer will take all action necessary to ensure that a sufficient portion of its tax and other revenues collected during the current year are set aside or otherwise made available for payment of the Bond in accordance with its terms. Issuer certifies that the principal amount of the Bond does not exceed the anticipated taxes and revenues of Issuer for the current year.
TAX COLLECTION. Records pertaining to tax roll history are the responsibility of the certifying county, therefore Multnomah County will retain their certified records and Washington County will start anew for the tax year 2014-15. No transfer of records pertaining to tax roll history will be required. Multnomah County agrees to pay the outstanding General Obligation Refunding Bonds, Series 2010 obligations that would otherwise be paid by property owners in ▇▇▇▇ ▇▇ from any legally available sources. Pursuant to ORS 202.250, on July 1, 2014, Multnomah County will provide Washington County a detailed list of all accounts with delinquent property taxes, interest and fees. Washington County will submit payment to Multnomah County Tax Collector for any delinquent property taxes, interest and fees due on the Area 93 properties. Multnomah County will flag the applicable accounts on its computer system and public website to denote the transfer to Washington County. The West Multnomah Soil and Water Conservation District will need to submit a LB50 form to Washington County Assessment & Taxation at the appropriate time to be included in the Washington County Assessment/Tax roll. Properties that will be certified for the 2014 tax roll will retain their deferral or exemption as applied for and approved in Multnomah County. Once properties have been transferred to Washington County, any properties that have an exemption or deferral will need to re-apply to Washington County at the appropriate time. Multnomah County will provide Washington County with worksheets on properties currently in farm/forest deferral in the event that the deferral may be disqualified and back taxes would become due. Any taxation issues as to implementation that cannot be resolved between Multnomah County and Washington County will be submitted to the Department of Revenue for resolution.