Relevant PRC Tax Authority definition
Examples of Relevant PRC Tax Authority in a sentence
The Seller Parties shall promptly submit, or cause the Reporting Agent to submit, all documents supplementally requested by the Relevant PRC Tax Authority (having incorporated any reasonable comments from the Buyer) within the timeframe requested by the Relevant PRC Tax Authority in connection with such Tax reporting with a copy delivered to the Buyer.
The Seller Parties shall ensure that all information or materials submitted to the Relevant PRC Tax Authority in connection with any Tax reporting by or on behalf of the Seller Parties are true, accurate, complete and not misleading.
After such tax filing, the Selling Shareholder agrees to submit all documents supplementally requested by the Relevant PRC Tax Authority in connection with such tax filing.
The Selling Shareholder shall, at the request of Sequoia, promptly deliver to Sequoia (i) all information and documents in connection with such tax filing, and (ii) any assessment notices issued by and correspondence with the Relevant PRC Tax Authority in connection with such tax filing and/or determination in respect thereof.
Each of the Sellers agrees to use commercially reasonable efforts to, after such Tax filing, promptly submit, or cause the Qualified Tax Advisor to submit, all documents supplementally requested by the Relevant PRC Tax Authority in connection with such Tax filing.
After such Tax filing, each Selling Shareholder agrees to use its commercially reasonable efforts to promptly submit all documents supplementally requested by the Relevant PRC Tax Authority in connection with such Tax filing, and give regular updates to the Purchaser and the Company as to the determination (and delivers to the Purchaser and the Company assessment notices, if any, issued by the Relevant PRC Tax Authority in connection with such determination).
Each Offshore Selling Shareholders that is a natural Person who is PRC residential individual agrees to use its commercially reasonable efforts to promptly submit, all documents supplementally requested by the Relevant PRC Tax Authority in connection with such Tax filing and any notice or demand issued by the Relevant PRC Tax Authority in connection with the Reporting Transactions to the Purchaser.
For purposes of this Section 7.21(b), an acknowledgement or receipt in respect of the filing by or on behalf of any Seller issued by the Relevant PRC Tax Authority or the original signature of an official of the Relevant PRC Tax Authority on the duplicate of the filing documents submitted by or on behalf of such Seller shall be sufficient evidence that a Tax filing has been made in respect of such Seller.
Provided that if the purchase price of the Purchased Equity Interests permitted by the Relevant PRC Tax Authority and the applicable Laws (the “Permitted Purchase Price”) is higher than the Onshore Purchase Price, the applicable Onshore Selling Shareholders shall issue a waiver to the Domestic Purchaser exempting the Domestic Purchaser from any obligation to pay the difference between the Onshore Purchase Price and the Permitted Purchase Price and shall return such difference, if applicable.
After such Tax filing, each Selling Shareholder agrees to use its commercially reasonable efforts to promptly submit all documents supplementally requested by the Relevant PRC Tax Authority in connection with such Tax filing, and give regular updates to the Purchaser as to the determination (and delivers to the Purchaser assessment notices, if any, issued by the Relevant PRC Tax Authority in connection with such determination).