Fiscal Regime. 22.1. The fiscal regime applicable to the activities authorized for this Contract shall be composed of what is provided in Articles 24, 25, 26, 27, 28, 29 y 30 of this contract.
Fiscal Regime. Under the terms of the present agreement VAT is applicable at the fixed rate in cases of registration.
Fiscal Regime. 16.3 Article 16.3 of the Contract shall be deleted and replaced by: “Contractor’s expatriates and those of its direct subcontractors shall be subject to personal income tax through withholding at the rate of 10% on the whole of the salaries paid in Guinea or abroad.”
Fiscal Regime. Private power producers must implement the project within the applicable Tax Laws of Pakistan. In addition:
Fiscal Regime. This Agreement, sent by correspondence and therefore not subject to stamp duty, provides for services subject to VAT and therefore, in the event of registration, the fixed tax will be deducted.
Fiscal Regime. For the sole purpose of VAT, this contract is hereby considered to be a service rendered, with the financial lessee being obligated to pay the financial lessor the legally stipulated tax chargeable for said service at the moment it is due in the manner and at the rate provided for by law.
Fiscal Regime. Exhibit 2 to this Agreement sets forth the Government’s proposed fiscal regime for mining.13 This regime is set forth as proposed amendments to the Revenue Code and shall be read in conjunction with the Revenue Code as if such proposed amendments were in force for the purpose of determining the liabilities of the Company under the Revenue Code.
Fiscal Regime. Schedule 6 to this Agreement sets forth the Government’s proposed fiscal regime for Mining. This regime is set forth as proposed amendments to the Revenue Code and shall be read in conjunction with the Revenue Code as if such proposed amendments were in force for the purpose of determining the liabilities of the Concessionaire under the Revenue Code. Except as specifically provided in Section 14.3 (Special Provisions), Section 15.1 (Royalties), Section 15.3 (Royalties on Minerals Purchase by the Concessionaire for Sale or Processing and Sale), and Section 15.4 (Surface Rent), the Concessionaire shall pay all Taxes and Duties in accordance with Schedule 6 and as otherwise provided by applicable Law.
Fiscal Regime. The payment of any amount owed by the Borrower pursuant to the Agreement must be made net of all taxes, retained at source or debited in any manner whatsoever either at the present time or in the future. Occurrence of any new circumstances The Credit Agent shall notify to the Borrower by recorded delivery letter with confirmation of receipt:
Fiscal Regime. 23.1. The Consortium is, by virtue of its Petroleum Operations, subject to direct tax on profits provided for in this Convention, in accordance with Article 1.6.1 of Annex III, and in the General Tax Code as well as the Petroleum Code, subject to any contrary provisions in this Convention.
