Tax Responsibilities Sample Clauses

The Tax Responsibilities clause defines which party is responsible for paying taxes related to the agreement. Typically, it specifies whether the buyer, seller, or both must handle taxes such as sales tax, value-added tax, or income tax arising from the transaction or services provided. This clause ensures that there is no ambiguity about tax obligations, thereby preventing disputes and ensuring compliance with applicable tax laws.
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Tax Responsibilities. 4.3.1 Purchaser shall be responsible for all taxes, duties, fees, levies, business, property and sales taxes imposed after or in connection with the transfer of title of the SATMEX 8 Satellite or other Deliverable Items to Purchaser, withholding or value added taxes, bonds, charges, contributions or any other fiscal burden related to the delivery, acceptance or use of Deliverable Items under this Contract, including but not limited to all financial liabilities imposed by the Mexican Government. Purchaser shall not be liable for any taxes imposed on Contractor pursuant to Article 4.1 above. Notwithstanding the above, Contractor shall be responsible for any net U.S. income taxes imposed on Contractor for its performance under this Contract. Use or disclose of the data contained on this page is subject to the restriction set forth in Article 26 [***]
Tax Responsibilities. The amounts payable pursuant to this Agreement shall not be reduced on account of any Taxes and shall be made without any withholding unless required by Applicable Law. The Licensor alone shall be responsible for paying to the appropriate Tax authority any and all Taxes (other than withholding taxes required by Applicable Laws and Regulations to be paid by the Licensee) levied on account of, or measured in whole or in part by reference to, any Payments to which it is entitled. If any deductions or withholdings are required by Applicable Law to be made from any Payment, Licensee shall make timely payment to the proper Governmental Authority of the withheld amount and send to AstraZeneca proof of such payment within [***] days following such payment to enable AstraZeneca to claim such payment of Taxes on AstraZeneca’s applicable tax returns. If any such payment must be made by Licensee, Licensee shall have the right to deduct such amount required to be withheld and paid on behalf of AstraZeneca from the Payments due to AstraZeneca under this Agreement; provided that Licensee shall be required to make the payments to the Government Authority in a timely manner. If AstraZeneca is entitled under any applicable Tax treaty to a reduction of rate of, or the elimination of, applicable withholding Tax, it shall deliver to Licensee or the appropriate Governmental Authority (with the assistance of Licensee to the extent that this is reasonably required and is requested in writing) the prescribed forms necessary to reduce the applicable rate of withholding or to relieve Licensee of its obligation to withhold such Tax, and Licensee shall apply the reduced rate of withholding or dispense with withholding, as the case may be; provided that Licensee has received evidence of AstraZeneca’s delivery of all applicable forms (and, if necessary, its receipt of appropriate governmental authorization) [***] days prior to the time that the Payments are due. If the Licensee withholds any Taxes from the Payments while the Licensor is entitled under any applicable tax treaty to a reduction of rate of, or the elimination of, applicable withholding tax, the Licensee shall cooperate with the Licensor with respect to any documentation required by the appropriate Governmental Authority or reasonably requested by the Licensor to secure a reduction of the rate of, or the elimination of, the applicable Taxes withheld or to secure a repayment of any Taxes withheld by the Paying Party from an a...
Tax Responsibilities. (a) Supplier shall: (i) be responsible for and pay (or cause to be paid) when due all Taxes for which Supplier or subcontractors are liable by reason of the performance of the Work; (ii) make reasonable efforts to minimize Taxes arising with respect to the Work, including, but not limited to, cooperating and reasonably assisting Buyer in supporting claims for exemption, as well as for credits, on purchases of equipment, materials, Goods and Services; (iii) supply to Purchaser in the form and within time limits specified by a written notice from Purchaser to Supplier the information necessary to enable Purchaser to comply with any lawful request for such information from any governmental authority having responsibility for assessment or collection of Taxes; and (iv) if required by applicable law, establish and register an office in the country or countries (and any applicable political subdivision thereof) where any part of the Work is to be performed and qualify as an organization operating and doing business therein, and register and file such notices and/or tax returns with the taxing authorities of such country. (b) Purchaser shall pay all Taxes imposed upon Purchaser by applicable law by reason of the performance of the Work.
Tax Responsibilities. All fees/costs will not include the following gross; receipts, excise, import, export, value-added, or similar taxes. The Licensee is responsible for paying any applicable fees regarding the license sale.
Tax Responsibilities. (a) SELLER shall: i) be responsible for and pay (or cause to be paid) when due all TAXES for which SELLER or for TAXES SELLER´s agents or employees are liable by reason of the performance of the Agreement; ii) make reasonable efforts to minimize TAXES arising with respect to the PO, including, but not limited to, cooperating and reasonably assisting BUYER in supporting claims for exemption, as well as for credits, on purchases of GOODS and SERVICES. iii) Promptly notify BUYER of matters pertaining to non-payment or payment under protest of, claim for immunity or exemption from, or claim for refund of or credit against any TAXES. iv) supply to BUYER in the form and within time limits specified by a written notice from BUYER to SELLER the information necessary to enable BUYER to comply with any lawful request for such information from any governmental authority having responsibility for assessment or collection of TAXES; and v) if required by Law, establish and register an office in the country or countries (and any applicable political subdivision thereof) where any part of the PO is to be performed and qualify as an organization operating and doing business therein, and register and file such notices and/or tax returns with the taxing authorities of such country. vi) take such action as is necessary to ensure payment of all TAXES assessed or levied against or on account of wages, salaries, or other benefits paid to SELLER Group's employees. SELLER Group shall advise SELLER Group's employees carrying out parts of the PO that they and their respective employee shall be liable for TAXES of the Government of the Country of Operation and subject to the Tax Law and regulations of the Country of Operation.
Tax Responsibilities. You will pay any and all applicable sales, use and like taxes which accrue as a result of a use of the Service by you or on your account. other than taxes levied or imposed based upon our net income. In the event that we pay any such taxes on your behalf, we will invoice you for such taxes and you agree to pay such taxes in accordance with this Agreement.
Tax Responsibilities. The Accountholder is solely responsible for understanding and complying with the Accountholder’s tax obligations in the applicable jurisdictions. The Accountholder is advised to seek independent legal and tax advice and the Bank does not provide any tax or legal advice.
Tax Responsibilities. The Parties do not intend that this Section 14.4 have any effect on the allocation of tax benefits and tax withholding and reporting responsibilities as set forth in the Tax Sharing Agreement.
Tax Responsibilities. The Parties agree to be responsible for their own tax liabilities, if any, as a result of this Assignment.
Tax Responsibilities. 5.1 The payment of one million, eleven thousand, seven hundred and fifty-six dollars ($1,011,756.00) by Merisel, Inc. to M▇. ▇▇▇▇▇▇ in Section 2.5 consists of the following: 5.1.1 Seven hundred fifty-eight thousand, four hundred and twenty dollars ($758,420.00) that currently is being held in an account for M▇. ▇▇▇▇▇▇ pursuant to the Deferred Compensation Agreement. T▇▇▇▇▇▇ ▇▇▇▇▇▇ and Merisel acknowledge that $700,000 of this amount had FICA and Medicare taxes withheld when it was placed in the Deferred Compensation Account. Merisel shall withhold from the remaining amount any applicable federal, state and local income taxes, and any FICA, Medicare and other payroll deduction that it is required to pay by law in accordance with the Internal Revenue Service Form W-4 with respect to M▇. ▇▇▇▇▇▇ on the date of payment contemplated by this Section. 5.1.2 Two hundred thousand dollars ($200,000.00) in severance pay to M▇. ▇▇▇▇▇▇. Merisel shall withhold from this amount any applicable federal, state and local income taxes, and any FICA, Medicare and other payroll deduction that it is required to pay by law in accordance with the Internal Revenue Service Form W-4 with respect to M▇. ▇▇▇▇▇▇ on the date of payment contemplated by this Section. 5.1.3 Fifteen thousand, six hundred forty-four dollars ($15,644.00) in COBRA reimbursement. Merisel shall withhold from this amount any applicable federal, state and local income taxes, and any FICA, Medicare and other payroll deduction that is required by law in accordance with the Internal Revenue Service Form W-4 with respect to M▇. ▇▇▇▇▇▇ on the date of payment contemplated by this Section. 5.1.4 Thirty-seven thousand, six hundred ninety-two dollars ($37,692.00) in previously disputed vacation pay. Merisel shall withhold from this amount any applicable federal, state and local income taxes, and any FICA, Medicare and other payroll deduction that it is required to pay by law in accordance with the Internal Revenue Service Form W-4 with respect to M▇. ▇▇▇▇▇▇ on the date of payment contemplated by this Section.