Tax Support Clause Samples
The Tax Support clause outlines the responsibilities of one or both parties regarding assistance with tax-related matters arising from the agreement. Typically, this clause specifies the type of support to be provided, such as supplying necessary documentation, cooperating with audits, or assisting in the preparation of tax filings related to the transaction. Its core function is to ensure that both parties have the necessary cooperation and information to meet their tax obligations, thereby reducing the risk of non-compliance or disputes with tax authorities.
POPULAR SAMPLE Copied 1 times
Tax Support. The Corporation shall reimburse the Executive for costs incurred by the Executive in connection with tax preparation furnished by such advisors as chosen by the Executive.
Tax Support. Prior to the date of the Agreement NAB provided GWB oversight related to various tax considerations pertaining to GWB entities and tax structures to ensure adherence to tax laws that may affect GWB or NAB related entities. Service Duration Cost/ Month Perform half year and year-end (or more frequently if needed) GWB tax accounting and financial reporting; review of tax matters affecting FIN48 related documentation; tax returns; and other one-time initiatives where tax treatment oversight and recommendations would be required. One-year anniversary of the Less Than Majority Holder Date $10,819
Tax Support. Adherence to the philosophy of Catholic Education imposes the obligation on teachers in the Catholic school system to direct their school taxes to the support of that school system unless they are prevented from so doing by law or extenuating circumstances.
Tax Support. The University will offer tax workshops each year aimed at explaining tax withholding and reporting on income from the University.
Tax Support. The University will continue to make at least one (1) tax preparation resource available to international employees defined as nonresidents by the IRS. The University will provide a minimum of three (3) tax workshops per calendar year aimed at explaining tax withholding and reporting on income from the University. These workshops will not deliver personal tax advice. The University will make a good faith effort to ensure that these workshops are delivered at a time and in a fashion that are most advantageous to international employees. Workshops may be presented in-person or virtually (synchronous and asynchronous).
Tax Support. According to the national western development policy, Party A shall levy corporate income tax at the rate of 15% for the project company, and the project can enjoy the corporate income tax policy of “two exemptions and three half reductions” after meeting the conditions.
Tax Support. Assistance with VAT and tax matters in Switzerland and Germany (3 hours/month).
Tax Support. The Company agrees to cover the costs of tax advisory services, as approved by the Company's Compensation Committee. Any such tax support shall be facilitated exclusively through the Company's preferred service provider.
Tax Support. 6.1 KPMG shall provide all Departing Partners with the same tax support for their 1996 and 1997 tax returns in accordance with KPMG's provision of those services to current partners.
Tax Support. Prepare fiscal year end and excise tax distribution calculations; • Prepare monthly, quarterly and annual income distributions as described in each Fund’s prospectus • Prepare annual capital gain distribution(s) including spillback amounts as required • Prepare tax-related ROCSOP entries for fund accounting purposes • Review required tax disclosures (such as tax cost, long term capital gain and tax exempt designation, foreign tax credits, dividend received deductions and qualified dividend income pass throughs) in the Fund’s financial statements • Prepare and file federal, state and local (if any) income tax returns, including tax return extension requests • Prepare shareholder year-end tax information • Calculate the amounts and characterizations of distributions declared during the calendar year for Form 1099/DIV reporting • Consult with the Fund’s Authorized Persons regarding potential passive foreign investment companies (“PFICs”) • Prepare wash sales calculations and other differences required for tax purposes • Consult with the Fund’s Authorized Persons on various tax issues as requested and with the Fund’s independent public accountant when appropriate • Provide tax research as requested