Relevant Tax Returns definition
Examples of Relevant Tax Returns in a sentence
Seller has not granted any waiver, extension or comparable Consent for the payment of Relevant Taxes or filing of Relevant Tax Returns that remains outstanding, and no request for any such waiver, extension or comparable Consent from Seller has been received by Seller or Parent that is pending.
The Relevant Tax Returns have to be prepared in compliance with the applicable Tax laws and on a basis consistent with those prepared for prior tax assessment periods, unless applicable Tax laws require the deviation.
The consent of the Seller pursuant to this Clause 13.5.1 shall be deemed to be granted if the Seller fails to deliver written notice of its consent or instructions within ten (10) Business Days after the date of the receipt of the respective drafts of the Relevant Tax Returns unless the Seller has not been granted access to the books and records or not received copies of relevant documents upon its request and at its cost in due course.
The Seller shall timely provide the Company with accurate copies of any official assessments of any PRC tax authority with respect to the Relevant Tax Returns, and shall timely pay, or cause to be timely paid, all taxes due and payable with respect to such official assessments (the “PRC Withholding Tax”).
The Seller shall indemnify and hold harmless the Company against any loss incurred in relation to (i) the performance by the Company on behalf of the Seller or non-performance by the Seller of the filing of the Relevant Tax Returns, and/or (ii) any payment (including excessive payments or insufficient payments) by the Company on behalf of the Seller or non-payment by the Seller of the PRC Withholding Tax or any portion thereof.
Seller shall, at its own expense, file all necessary Relevant Tax Returns and other required documents with respect to such Transfer Taxes in a timely manner, and upon the request of Purchaser, promptly shall provide to Purchaser copies of such Relevant Tax Returns and documents and proof of payment of such Transfer Taxes.
The parties agree to provide, and to procure that the Target Group Members provide, each other with all reasonable assistance and access to records and documents (including all electronic records and documents) required to prepare and lodge the Relevant Tax Returns.
This shall apply accordingly with regard to any amendments of Relevant Tax Returns.
The parties must also provide reasonable access to any employee, agent, director or other person who has information relating to the Target Group Member which is necessary to prepare and lodge the Relevant Tax Returns.
The Accountant shall make the final determination with respect to any dispute related to any Seller Prepared Tax Return or Seller Relevant Tax Return, and such Seller Prepared Tax Return or Seller Relevant Tax Returns shall be prepared consistently with any final determinations by the Accountant.