Tax Residency Clause Samples
The Tax Residency clause defines the jurisdiction in which a party is considered a tax resident for the purposes of the agreement. It typically requires each party to declare their country of tax residence and may obligate them to provide supporting documentation, such as tax residency certificates. This clause is essential for determining tax obligations, withholding requirements, and compliance with international tax laws, thereby reducing the risk of double taxation or tax evasion.
POPULAR SAMPLE Copied 37 times
Tax Residency. The Company agrees that, and the Shareholder Parties shall take all Necessary Action to ensure that:
7.4.1 unless otherwise approved by the TPG Investor, the KKR Investor and REA, the Company shall be a resident of the Cayman Islands for tax purposes; and
7.4.2 unless otherwise approved by REA, the KKR Investor and the TPG Investor, for U.S. federal income tax purposes the Company shall be treated as a corporation. In addition, the Company and the Shareholder Parties shall consider in good faith whether to cause the relevant Subsidiaries to elect to be treated as a flow-through entity for U.S. federal income tax consequences to the extent requested to do so by REA, the TPG Investor and the KKR Investor.
Tax Residency. Each of the Company and its subsidiaries is and has at all times been resident for tax purposes in its place of incorporation and is not and has not been treated as resident in any other jurisdiction for any tax purpose (including any double taxation arrangement) and no written claim has been made by any governmental authority that the Company or any of its subsidiaries is or may be subject to tax or required to file a tax return in a jurisdiction where it does not file tax returns.
Tax Residency. I understand that the Credit Union is required by law to collect tax residency information, including related tax identification number(s), in order to determine if my financial accounts must be reported to the Canada Revenue Agency (CRA). I understand that I must self-certify my tax residency and declare if I am a U.S. or other Foreign Citizen to the Credit Union, and that the Credit Union is not liable for any claims, damages, losses, expenses, costs or liabilities resulting from any error or omission in my self-certification. I agree to inform the Credit Union of any change in tax residency within 30 days of such change. Privacy – I agree that my information will be stored in accordance to The Personal Information Protection and Electronic Documents Act (“PIPEDA”) and that the Credit Union will only collect, gather or disclose my information after obtaining my consent, except where required by law. I have been made aware that the Credit Union maintains a publicly available Privacy Policy, and that additional information on how the Credit Union protects the privacy or personal information of its members is available on request.
Tax Residency. Unless otherwise agreed between the Borrower and the Agent, the jurisdiction of tax residency of each Obligor is in its jurisdiction of incorporation or, in the case of the Borrower, the Guarantor and each Owner, in Ireland.
Tax Residency. Fyber B.V. is resident for tax purposes in the Federal Republic of Germany.
Tax Residency. Each Obligor organized under the laws of the Netherlands is resident for tax purposes in the Netherlands only and does not have a permanent establishment or other taxable presence outside the Netherlands, unless with the prior written consent of the Administrative Agent.
Tax Residency. It is the intention of the parties that, following the consummation of the Transactions, ▇▇▇▇▇▇▇▇▇ will continue to be, and the parties will take all reasonable actions necessary to ensure that ▇▇▇▇▇▇▇▇▇ remains, resident in the United Kingdom for Tax purposes.
Tax Residency. PubCo is not, and has never been, treated as a Tax resident in a country other than the country of its incorporation.
Tax Residency. For so long as Apax and its Permitted Transferees collectively own at least 10% of the issued and outstanding Common Shares of PubCo, absent the prior consent of Apax, PubCo shall use reasonable best efforts to maintain its status as a corporate tax resident of the United Kingdom under applicable law, including the maintenance of “central management and control” in the United Kingdom.
Tax Residency. The Borrower is not a non-resident of Canada as defined in, and for the purposes of, the Tax Act.