Common use of Individual Income Tax Clause in Contracts

Individual Income Tax. The Employee and the members of the Management Team shall be responsible for paying their own individual income tax, and the Employee and each member of the Management Team will certify in writing annually to the Board that he or she has accurately reported and timely paid all income tax due in connection with such compensation. The Company will make all required tax and statutory withholdings according to the PRC taxation laws and the tax amount will be deducted from the Employee’s Monthly Base Salary, which deduction Employee hereby consents to.

Appears in 1 contract

Samples: Employment Agreement (Shanghai Century Acquisition Corp)

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Individual Income Tax. The Employee and the members of the Management Team shall be responsible for paying their his own individual income taxtax in respect of the compensation received hereunder, and the Employee and each member of the Management Team will certify in writing annually to the Board that he or she has accurately reported and timely paid all income tax due in connection with such compensation. The Company will make all required tax and statutory withholdings according to the PRC taxation laws and the tax amount will be deducted from the Employee’s Monthly Base Salary, which deduction Employee hereby consents to.

Appears in 1 contract

Samples: Employment Agreement (NETEASE.COM, Inc.)

Individual Income Tax. The Employee and the members of the Management Team shall be responsible for paying their his own individual income taxtax with the exception of the one-time bonus in respect of the compensation received hereunder, and the Employee and each member of the Management Team will certify in writing annually to the Board that he or she has accurately reported and timely paid all income tax due in connection with such compensation. The Company will make all required tax and statutory withholdings according to the PRC taxation laws and the tax amount will be deducted from the Employee’s Monthly Base Salary, which deduction Employee hereby consents to.

Appears in 1 contract

Samples: Employment Agreement (China Cablecom Holdings, Ltd.)

Individual Income Tax. The Employee and the members of the Management Team shall be responsible for paying their his own individual income tax, and the Employee and each member of the Management Team will certify in writing annually to the Board that he or she has accurately reported and timely paid all income tax due in connection with such compensation. The Company will make all required tax and statutory withholdings according to the PRC taxation laws and the tax amount will be deducted from the Employee’s Monthly Base Salary, which deduction Employee hereby consents to.

Appears in 1 contract

Samples: Employment Agreement (China Cablecom Holdings, Ltd.)

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Individual Income Tax. The Employee and the members of the Management Team shall be responsible for paying their his own individual income taxtax in respect of the compensation received hereunder, and the Employee and each member of the Management Team will certify in writing annually to the Board that he or she has accurately reported and timely paid all income tax due in connection with such compensation. The Company will make all required tax and statutory withholdings according to the PRC taxation laws and the tax amount will be deducted from the Employee’s Monthly Base Salary, which deduction Employee hereby consents to.]

Appears in 1 contract

Samples: Employment Agreement (NETEASE.COM, Inc.)

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