Common use of Taxation of personnel Clause in Contracts

Taxation of personnel. Personnel of the Contractor will pay taxes and other payments in accordance with the Tax Legislation valid at the time of emergence of the tax obligations. The Contractor will be responsible for the full and correct deduction of an income tax on natural persons from the source of payment to the budget in accordance with the Tax Legislation.

Appears in 3 contracts

Samples: Exploration Contract, Exploration Contract (Transmeridian Exploration Inc), Exploration Contract (Transmeridian Exploration Inc)

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Taxation of personnel. The Personnel of the Contractor will shall pay taxes and other mandatory payments in accordance with the Tax Legislation valid at effective on the time of emergence of date when the tax obligations. The Contractor will be responsible for the full and correct deduction of an income tax on natural persons from the source of payment to the budget in accordance with the Tax Legislationobligations arose.

Appears in 1 contract

Samples: Contract for the Exploration of Hydrocarbons

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