Common use of Tax Reporting Responsibility Clause in Contracts

Tax Reporting Responsibility. The Broker-Dealer and the General Agent shall be solely responsible under applicable tax laws for the reporting of compensation paid to Agents and for any withholding of taxes from compensation paid to Agents, including, without limitation, FICA, FUTA, and federal, state and local income taxes.

Appears in 9 contracts

Samples: Broker Dealer and General Agent Sales Agreement (Equitable Financial Life Insurance Co of America), Broker Dealer and General Agent Sales Agreement (Equitable America Variable Account No.70A), Broker Dealer and General Agent Sales Agreement (First Investors Life Variable Annuity Fund C)

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Tax Reporting Responsibility. The Broker-Dealer and the General Agent shall be solely responsible under applicable tax laws for the reporting of compensation paid to the Agents and for any withholding of taxes from compensation paid to the Agents, including, without limitation, FICA, FUTA, and federal, state and local income taxes.

Appears in 6 contracts

Samples: General Agent Sales Agreement (Separate Account No. 49B), General Agent Sales Agreement (Mony Life Insurance Co of America), General Agent Sales Agreement (Mony America Variable Account L)

Tax Reporting Responsibility. The Broker-Dealer and the General Agent shall be solely responsible under applicable tax laws for the reporting of compensation paid to Agents and for any withholding of taxes from compensation paid to Agents, including, without limitation, FICA, FUTA, and federal, state and local income taxes.

Appears in 3 contracts

Samples: Selling Agreement (Metlife Investors Variable Life Account Five), Selling Agreement (Metlife Investors Variable Life Account One), Selling Agreement (Metlife Investors Variable Life Account One)

Tax Reporting Responsibility. The Broker-Dealer and the General Agent shall be _____________________________ solely responsible under applicable tax laws for the reporting of compensation paid to Agents and for any withholding of taxes from compensation paid to Agents, including, without limitation, FICA, FUTA, and federal, state and local income taxes.

Appears in 2 contracts

Samples: Selling Agreement (First Metlife Investors Variable Annuity Account One), Selling Agreement (Metlife Investors Variable Annuity Account One)

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Tax Reporting Responsibility. The Broker-Dealer and the General Agent shall be solely responsible under applicable tax laws for the reporting of compensation paid to Agents and for any withholding of taxes from compensation paid to Agents, including, without limitation, FICA, FUTA, and federal, state and local income taxes.

Appears in 1 contract

Samples: Sales Agreement (Separate Account No 45 of Equitable Life Assur Society of Us)

Tax Reporting Responsibility. The Broker-Dealer and the General Agent shall be solely responsible under applicable tax laws for the reporting of compensation paid to Agents and for any withholding of taxes from compensation paid to Agents, including, without limitation, FICAPICA, FUTA, and federal, state and local income taxes.

Appears in 1 contract

Samples: Sales Agreement (Axa Equitable Life Insurance Co)

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