Withholding of Income Tax Sample Clauses

Withholding of Income Tax. Unless you are exempt under federal law, we are required to withhold a portion of your taxable interest and certain other payments (this is referred to as backup withholding) if: (1) you fail to supply us, under penalties of perjury, with your correct taxpayer identification number (TIN); (2) you fail to provide us with the required certified information; (3) the IRS instructs us to withhold; or (4) the IRS notifies you that you are subject to backup withholding. You must provide your TIN whether or not you are required to file a tax return. You also must certify that you are not subject to backup withholding if you are not so subject. We may report dividends, interest and other payments to you to the Internal Revenue Service (IRS), along with your TIN. We may refuse to open, and we may close, any Account for which you do not provide a certified TIN, even if you are exempt from backup withholding and information reporting. To avoid possible erroneous backup withholding, an exempt payee should furnish its TIN and indicate on the signature card that it is exempt. A non-resident alien or foreign entity not subject to information reporting must certify its exempt status by completing an appropriate IRS certification form (e.g., W-8 BEN-E). Foreign entities may be required to certify their exempt status every three years (or earlier upon request) to avoid backup withholding. You may be subject to penalties, including civil and criminal penalties, if you fail to provide us with a correct TIN or falsify information with respect to withholding. For additional information on interest reporting and withholding, contact your tax advisor or the IRS.
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Withholding of Income Tax. Unless you are exempt under Federal law, we are required to withhold a portion of your taxable interest and certain other payments (this is referred to as backup withholding) if: (1) you fail to supply us, under penalties of perjury, with your correct taxpayer identification number (TIN); (2) you fail to provide us with the required certified information; (3) the Internal Revenue Service instructs us to withhold; or (4) the Internal Revenue Service notifies you that you are subject to backup withholding. You must provide your TIN whether or not you are required to file a tax return and regardless of whether your account earns interest. We may report interest and other payments to you to the Internal Revenue Service, along with your TIN. We may refuse to open, and we may close, any account for which you do not provide a certified TIN, even if you are exempt from backup withholding and information reporting. To avoid possible erroneous backup withholding, an exempt payee should furnish its TIN and indicate on the signature card that it is exempt. You may be subject to civil and criminal penalties if you fail to provide us with a correct TIN or falsify withholding information. For additional information on interest reporting and withholding, contact your tax advisor or the Internal Revenue Service. The appropriate TINs for various types of accounts are: Account Type TIN Individual the individual Joint the owner named first on the account Custodian of a minor the minor Informal (Revocable) Trust the owner (grantor/trustee) Sole proprietorship the owner Trust or estate the trust or estate Corporation the corporation Tax-exempt organization the organization Partnership, LLC, LLP the entity Broker or registered nominee the broker or nominee arbitration agreement - Please read this arbitration agreement carefully This Arbitration Agreement is an addendum to the Deposit Account Terms and Conditions. By opening, maintaining or continuing to maintain account(s) with Financial Federal, you agree to this Arbitration Agreement. You understand and agree that for Claims arising out of or relating to the Transactions described below, • You are giving up your right to go to court; • You are giving up or limiting your rights that might be available in a judicial proceeding such as the right to compel testimony and the right to appeal the decision on such Claims; and • You are giving up your rights to join as a class representative or class member in any Class Action or Class...
Withholding of Income Tax. Pursuant to the applicable legislation, the Buyer shall withhold the income tax levied on the remittance of the Purchase Price to BBH, if any, based on the value(s) indicated upon delivery of notice to the Buyer, as set forth in Section 9.1 below, up to the 2nd (second) Business Day immediately prior to the date in which each payment due to BBH shall be made as set forth herein. The Buyer shall deliver to BBH, on the date of each payment made to BBH, a certified copy of the DARF corresponding to the withholding carried out, in reliance upon BBH’s instructions to be provided in writing to the Buyer, with minimum prior notice of 2 (two) Business Days counted from each withholding date, which cost of acquisition shall rely on the updated register included in SisBacen relating to BBH’s foreign investment in the Company (RDE-IED). The Sellers shall be held liable for the calculation of the tax to be withheld by the Buyer, as set forth in this Section, and shall undertake to defend, indemnify and hold the Buyer harmless from and in respect of, without limitation of term or value, any potential claims and Losses arising out of the withholding set forth herein.
Withholding of Income Tax. Unless you are exempt under federal law, we are required to withhold a portion of your taxable interest and certain other payments (this is referred to as backup withholding) if:

Related to Withholding of Income Tax

  • Withholding Tax To the extent required by any applicable law, the Administrative Agent may withhold from any interest payment to any Lender an amount equivalent to any applicable withholding tax. If the Internal Revenue Service or any authority of the United States or other jurisdiction asserts a claim that the Administrative Agent did not properly withhold tax from amounts paid to or for the account of any Lender (because the appropriate form was not delivered, was not properly executed, or because such Lender failed to notify the Administrative Agent of a change in circumstances that rendered the exemption from, or reduction of, withholding tax ineffective, or for any other reason), such Lender shall indemnify the Administrative Agent (to the extent that the Administrative Agent has not already been reimbursed by the Borrower and without limiting the obligation of the Borrower to do so) fully for all amounts paid, directly or indirectly, by the Administrative Agent as tax or otherwise, including penalties and interest, together with all expenses incurred, including legal expenses, allocated staff costs and any out of pocket expenses.

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