Common use of Withholding/Retention tax Revenue sharing Clause in Contracts

Withholding/Retention tax Revenue sharing. (1) A contracting party which applies withholding/retention tax shall retain 25% of the withholding/retention tax deducted under this Agreement and transfer the remaining 75% of the revenue to the other contracting party.

Appears in 5 contracts

Samples: Agreement, Agreement, Agreement

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