VAT definition
Examples of VAT in a sentence
All other taxes (except for the VAT and head tax) for which EPCM seeks reimbursement, shall be itemized, including, but not limited to import duties, provincial sales tax and other similar government or regulatory assessments.
Any payments under this Section 9.2 shall be inclusive of VAT (if any).
The parties hereto intend that any payments under this Section 9.2, being compensatory in nature, shall not be treated (in whole or in part) as consideration for a taxable supply for the purposes of VAT and, accordingly, each of Parent and the Company shall, and shall procure that the representative member of any VAT group of which they are a member shall, use reasonable best efforts to secure that any payments under this Section 9.2 will not be subject to any VAT.
As of the Closing Date, Parent will be Tax resident and have its place of belonging for VAT purposes solely in the UK, and will have no branch, permanent establishment or similar Tax presence outside of the UK.