Tax Residence Sample Clauses
The Tax Residence clause defines the country or jurisdiction where a party is considered a resident for tax purposes under applicable laws. It typically requires each party to declare their tax residency status and may obligate them to provide supporting documentation, such as tax residency certificates. This clause is essential for determining which tax laws apply to the parties, helping to prevent double taxation and ensuring compliance with international tax regulations.
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Tax Residence. Valaris is a tax resident solely in Bermuda.
Tax Residence. As of the Effective Date, the Company is resident for tax purposes solely in the United Kingdom.
Tax Residence. Each of the Transferor and each Additional Transferor is resident for tax purposes in the United Kingdom and, in the case of the Transferor, is a bank as defined for the purpose of Section 349(3) of the Income and Corporation Taxes Act 1988.
Tax Residence. No member of the Group (other than a Borrower under a Term Facility) may change its residence for Tax purposes if such change has or is reasonably likely to have a Material Adverse Effect.
Tax Residence. The Company shall at all times after Closing be resident for Tax purposes solely in the United States. The Company may change its residence for United States state or local Tax purposes.
Tax Residence. The Company is not treated for any Taxation purpose as resident in a country other than the country of its incorporation and the Company does not have, nor has it had within the past six years, a branch, agency or permanent establishment in a country other than the country of its incorporation.
Tax Residence. Each of the Company and its subsidiary is and has at all times been resident for tax purposes solely in its place of incorporation and is not and has not been treated as either resident or having a permanent establishment in any other jurisdiction for any tax purpose.
Tax Residence. The Company is and has been at all times resident for all tax purposes (including any double tax treaty) only in the United Kingdom and is not, and has not been treated, as resident in any other jurisdiction for any tax purpose (including any double tax treaty), other than through the ownership of “qualified business units” that are treated as non-United Kingdom residents pursuant to Section 988(a)(3)(B)(ii) of the Code for purposes of determining the source of foreign currency gain or loss for U.S. federal income tax purposes.
Tax Residence. Transocean is a tax resident solely in Switzerland.
Tax Residence. No Group Company is treated for any Taxation purpose as resident in a country other than the country of its registered seat and no Group Company has, or has had in the past a branch, agency or permanent establishment in a country other than the country of its registered seat.