Common use of Taxes Clause in Contracts

Taxes. Interest accrued is generally taxable as income. The Bank shall not withhold any taxes on your behalf. You are obliged to pay taxes to your respective tax authority. If You have any questions, You should contact the respective tax authority or your tax advisors. The Bank does not offer tax advice. If your tax residency circumstances change, You must inform the Bank immediately by calling the Bank’s Customer Support Centre.

Taxes. Interest accrued is generally taxable as income. The Bank shall not withhold any taxes on your behalf. You are obliged to pay taxes to your respective tax authority. If You you have any questions, You should contact the respective tax authority or your tax advisors. The Bank does not offer tax advice. If your you tax residency circumstances change, You must inform the Bank immediately by calling contacting the Bank’s Customer Support Centre.