Common use of Tax Implications Clause in Contracts

Tax Implications. Winners, under whose taxpayer identification number earnings on the account would be reported to the Internal Revenue Service, are solely responsible for all applicable federal, state and local taxes and any expenses associated with the prize, unless otherwise indicated.

Appears in 20 contracts

Sources: Wincentive Savings Account Member Participation Agreement, Wincentive Savings Account Member Participation Agreement, Wincentive Savings Account Member Participation Agreement