Taxation Expense Sample Clauses

Taxation Expense. 17.1 Both parties should, according to the laws in China, pay the corresponding taxation expenses. 17.2 Unless otherwise specified by both parties, the following expenses should be separately borne by both parties: (1) Relevant expenses incurred from the Loan should include but not be limited to the stamp tax, the communication expense, the mail charge, the enquiry fee, and so on for the Loan. (2) The assessment fee, the audit fee, the counsel fee, the registration fee, the notarial fee, and so on incurred for contract negotiation, drafting and signing. 17.3 The following expenses should be borne by Party A: The appraisal cost and the storage cost (namely, the rent expense for safe deposit boxes in a bank) of the pledge. 17.4 The following expenses should be borne by Party B: (1) All expenses accrued for Party A to realize the creditor’s rights (including but not limited to legal fare, arbitration fee, property preservation expense, travel expense, execution fee, assessment expense, auction fee, notarial fee, delivery expense, announcement fee, counsel fee, and so on); (2) The property insurance expense of the pledge; (3) Other expenses not agreed thereby.