Taxes Applicable Sample Clauses
The "Taxes Applicable" clause defines the responsibility of each party regarding the payment of taxes related to the agreement. Typically, it specifies which taxes are included in the contract price and which are the obligation of each party, such as sales tax, value-added tax, or withholding tax. This clause ensures that there is no confusion or dispute over who is liable for various tax payments, thereby allocating financial risk and clarifying obligations between the parties.
Taxes Applicable. Rates and charges do not include any goods and services taxes or any other taxes (whether existing as of the date of this Agreement or imposed after the date of this Agreement) which may be payable by the Customer, and such taxes remain the responsibility of the Customer.
Taxes Applicable. Any Corporate Tax payable on the profits of the Company shall be paid according to local applicable law after prior approval of IPMD.
Taxes Applicable. Any Corporate Tax payable on the profits of the Company shall be paid according to local applicable law after prior approval of M▇▇▇▇▇ Holding.