Common use of Corporate income tax Clause in Contracts

Corporate income tax. 12.1. In accordance with articles 2, 5 and 8 of the code général des impôts instituted by finance law n° 43-06 for the 2007 financial year, promulgated by xxxxx n° 1-06-232 of 10 Hijja 1427 (31st December 2006), as amended and completed (“Code Général des Impôts”), each of the Parties shall calculate and pay the STATE the corporate income tax, utilizing the Market Prices determined pursuant to Article 6.

Corporate income tax. 12.1. In accordance with articles 2, article 5 and 8 of the code général des impôts instituted by finance law n° 43-43- 06 for the 2007 financial year, promulgated by xxxxx n° 1-06-232 of 10 Hijja 1427 (31st December 2006), as amended and completed (“Code Général des Impôts”), each of the Parties shall calculate and pay the STATE the corporate income tax, utilizing the Market Prices determined pursuant to Article 6.