Tax Filing. (a) The Selling Shareholder shall bear and pay any Taxes assessed by the applicable PRC Tax Authority in accordance with the Bulletin 7 for “indirect transfer of PRC taxable assets (间接转让中国应税财产)” by the Selling Shareholder (the “Bulletin 7 Taxes”), and the Selling Shareholder acknowledges that the Purchaser shall have no obligation to pay any Bulletin 7 Taxes.
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Samples: Share Transfer Agreement (JOYY Inc.), Share Transfer Agreement (Tencent Holdings LTD), Share Transfer Agreement (Tencent Holdings LTD)
Tax Filing. (a) The Selling Shareholder Shareholders shall bear and pay any Taxes assessed by the applicable PRC Tax Authority in accordance with the Bulletin 7 for “indirect transfer of PRC taxable assets (间接转让中国应税财产)” by the Selling Shareholder Shareholders (the “Bulletin 7 Taxes”), and the Selling Shareholder acknowledges Shareholders acknowledge that the Purchaser shall have no obligation to pay any Bulletin 7 Taxes.
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