Common use of Trader's Tax Allocations Clause in Contracts

Trader's Tax Allocations. Any tax applying on the Client and/or results from the Client's trading activity, shall be under the Client's full and sole responsibility. The Client shall personally report and pay any tax liability he is obligated to. The Company serves as a mediator only and does not collect or withhold tax for the Client. The Company's reserve the right, if ordered by an official entity, to deduct tax from the Client and deliver it to the proper tax authority.

Trader's Tax Allocations. Any tax applying on the Client and/or results from the Client's ’s trading activity, shall be under the Client's ’s full and sole responsibility. The Client shall personally report and pay any tax liability he is obligated to. The Company serves as a mediator only and does not collect or withhold tax for the Client. The Company's ’s reserve the right, if ordered by an official entity, to deduct tax from the Client and deliver it to the proper tax authority.