Common use of Hypothetical Tax Defined Clause in Contracts

Hypothetical Tax Defined. The hypothetical tax is the ------------------------ applicable income and social taxes that Employee would have paid with respect to his compensation, bonus and benefits provided by the Company, if living and working in his home country, without any foreign assignment- related income and deductions. During the Secondment, Employee will be responsible for a hypothetical Colorado state income tax equal to what he would have paid had employee remained in Colorado at the time of assignment. Hypothetical tax withholding will be applied to base salary, bonus and any other compensation elements Employee would have received had the Employee not been assigned to a foreign assignment.

Hypothetical Tax Defined. The hypothetical tax is the ------------------------ applicable income and social taxes that Employee would have paid paid, with respect to his compensation, bonus and benefits provided by the Company, Company if living and working in his home country, without any foreign assignment- related income and deductions. During the Secondment, Employee will be responsible for a hypothetical Colorado state income tax equal to what he would have paid had employee remained in Colorado at the time of assignment. Hypothetical tax withholding will be applied to base salary, bonus and any other compensation elements Employee would have received had the Employee not been assigned to a foreign assignment.

Hypothetical Tax Defined. The hypothetical tax is the ------------------------ applicable income and social taxes that Employee would have paid with respect to his compensation, bonus and benefits provided by the Company, if living and working in his home country, without any foreign assignment- assignment-related income and deductions. During the Secondment, Employee will be responsible for a hypothetical Colorado state income tax equal to what he would have paid had employee remained in Colorado at the time of assignment. Hypothetical tax withholding will be applied to base salary, bonus and any other compensation elements Employee would have received had the Employee not been assigned to a foreign assignment.

Hypothetical Tax Defined. The hypothetical tax is the ------------------------ applicable income and social taxes that Employee would have paid paid, with respect to his compensation, bonus and benefits provided by the Company, Company if living and working in his home country, without any foreign assignment- assignment-related income and deductions. During the Secondment, Employee will be responsible for a hypothetical Colorado state income tax equal to what he would have paid had employee remained in Colorado at the time of assignment. Hypothetical tax withholding will be applied to base salary, bonus and any other compensation elements Employee would have received had the Employee not been assigned to a foreign assignment.