Tax Payable Clause Samples
The 'Tax Payable' clause defines the responsibility of a party to pay any taxes that arise in connection with the agreement or transaction. Typically, this clause specifies which party is liable for various types of taxes, such as sales tax, value-added tax (VAT), or withholding tax, and may outline procedures for handling tax payments or reimbursements. Its core function is to allocate tax-related obligations clearly between the parties, thereby preventing disputes and ensuring compliance with applicable tax laws.
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Tax Payable. Any taxes or fees arising out of and payable pursuant to the fulfillment of the terms of this Contract by the Seller or the Purchaser shall be payable by the respective Party which is liable for the taxes or fees under the provisions of relevant laws and regulations of China. Chapater III Representations and Warranties of All Parties
Tax Payable. Any taxes or liabilities relating to the Business or ownership of the Business. ☐ (e) Environmental Liabilities. All liabilities and obligations related to environmental laws or regulations.
Tax Payable. Any taxes or fees arising out of and payable pursuant to the fulfillment of the terms of this Contract by each of Transferors and Transferee shall be payable by the respective Party liable for the taxes or fees under the provisions of relevant PRC laws and regulations.
Tax Payable. Any taxes or liabilities relating to the Business or ownership of the Business.
Tax Payable. 4.1 由于履行本合同条款而产生的任何税费，均由相关的纳税义务人和缴费义务人按照当地有关法律法规的规定各自承担，本协议另有规定除外。特别而言，乙方作为标的股权的卖方，应自行或促使其关联方（如适用）承担适用法律（包括但不限于《国家税务总局关于非居民企业间接转让财产企业所得税若干问题的公告》）项下规定的税费，并在本协议签署后采取合理步骤向主管税务机关及时依法进行纳税申报和税款缴纳。若乙方未能遵守该等税务合规承诺导致甲方及其关联方承担任何损失的，乙方应向甲方及其关联方承担连带赔偿责任。
4.1 Any tax fees arising herein shall be borne by the relevant tax payers and fee payers according to local laws and regulations, unless otherwise provided by this Agreement. In particular, Party B, as the seller of the Target Equity, shall, or shall cause its affiliates (if applicable) to, bear taxes and fees stipulated under applicable laws and regulations (including without limitation, State Administration of Taxation’s Bulletin on Several Issues of Enterprise Income Tax on Income Arising from Indirect Transfers of Property by Non-resident Enterprises) and, after the execution of this Agreement, to take reasonable steps to promptly make required declaration and filings with competent tax authorities in accordance with applicable laws. In the event that Party A and its affiliates suffer any losses due to Party B’s failure to comply with the foregoing tax compliance undertaking, Party B shall be jointly and severally liable for indemnification of such losses.
Tax Payable. Any tax fees arising herein shall be borne by the relevant tax payers and fee payers according to local laws and regulations, unless otherwise provided by this Agreement.