Common use of Tax Considerations Clause in Contracts

Tax Considerations. The Contract is offered pursuant to Nevada Revised Statue (“NRS”) 353B and the Nevada Administrative Code (“NAC”) 353B promulgated under these statutes. The contract is intended to qualify for the tax benefits described and required in IRS Code 529. The Program is not liable for the effect of any state of federal taxes on any transactions or activity in conjunction with the Contract. Potential Purchasers are strongly advised to consult a tax advisor.

Appears in 3 contracts

Samples: Nevada Prepaid Tuition Program Master Agreement, Master Agreement, Nevada Prepaid Tuition Program Master Agreement

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Tax Considerations. The Contract is offered pursuant to Nevada Revised Statue Statutes (“NRS”) 353B and the Nevada Administrative Code (“NAC”) 353B promulgated under these statutes. The contract Contract is intended to qualify for the tax benefits described and required in IRS Code Section 529. The Program is not liable for the effect of any state of or federal taxes on any transactions or activity in conjunction with the Contract. Potential Purchasers are strongly advised to consult a their own tax advisor.

Appears in 3 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Tax Considerations. The Contract is offered pursuant to Nevada Revised Statue Statute (“NRS”) 353B and the Nevada Administrative Code (“NAC”) 353B promulgated under these statutes. The contract Contract is intended to qualify for the tax benefits described and required in IRS Code Section 529. The Program is not liable for the effect of any state of or federal taxes on any transactions or activity in conjunction with the Contract. Potential Purchasers are strongly advised to consult a their own tax advisor.

Appears in 2 contracts

Samples: Master Agreement, Nevada Prepaid Tuition Program Master Agreement

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