Examples of PRC Taxes in a sentence
Whether PRC capital gains tax and/or other PRC Taxes will be payable on the trading of China Connect Securities under China Connect is subject to clarification by the SAT.
For the avoidance of doubt, the term “Tax Liabilities” shall include any and all liability for PRC Taxes suffered by any of the Indemnified Parties as a result of the payments described in clause (i) above, including without limitation, any liability for withholding Taxes.
For the avoidance of doubt, the term “Tax Liabilities” shall include any and all liability for PRC Taxes suffered by any of the Indemnified Parties as a result of the payments described in clause (x) above, including without limitation, any liability for withholding Taxes.
If GUOSEN SECURITIES (HK) incurs any Hong Kong and/or PRC Taxes arising in connection with any Shanghai and/or Shenzhen Connect Securities which the Client holds, trades or otherwise deals in, GUOSEN SECURITIES (HK) reserves the right to recover from the Client such amounts under the indemnity clause 25 of the Terms and Conditions (as amended from time to time).
Pursuant to the Sale and Purchase Agreement, All Benefit shall procure the preparation and filing of the tax assessment report (if applicable) to the relevant local tax authorities and use the Retained Sum to settle the PRC Taxes.