Examples of Gains in a sentence
Gains derived by a resident of a Contracting State from the alienation of immovable property referred to in Article 6 and situated in the other Contracting State may be taxed in that other State.
In the event the Executive sells Company shares acquired through the exercise of stock options or the vesting of RSUs, resulting in capital gains tax liability, the Company shall reimburse Executive for least 50% of the capital gains taxes due from such sale, subject to the terms and conditions set forth in this Agreement and the applicable award agreements (“Capital Gains Reimbursement”).
The Company’s obligation to provide the Capital Gains Reimbursement shall not relieve the Executive of Executive’s responsibility to comply with all tax laws and obligations, or to seek independent tax advice as necessary.
The Company shall make payments for the Capital Gains Reimbursement in a timely manner after receiving satisfactory evidence from the Executive of payment of the capital gains taxes for which the Capital Gains Reimbursement is sought.
The Capital Gains Reimbursement provided by the Company shall be subject to compliance with applicable tax laws and regulations, and the Executive shall promptly provide the Company with all necessary documentation and information to facilitate the Capital Gains Reimbursement.