Written by MMDA Admin on 30 March, 2011 – 4:13 pm
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Save as otherwise expressly provided in this Agreement, the Company shall comply with all Applicable Law in effect from time to time, and taking into account any relevant Tax treaty, requiring the withholding of Taxes.
*See more examples regarding withholding of taxes at 7.6 Taxes on Expatriate Employees.
Example 1
Withholding Tax
Company shall pay withholding tax on dividends, royalties and management fees to Shareholders or its or their Affiliates at a rate of [x]% and on interest payments to Shareholders or its or their Affiliates, or any lender of money to Company, at a rate of [y]%.
REFER TO MMDA DISCLAIMERS AND MMDA USER’S GUIDE
PRIOR TO ANY USE OF THIS DOCUMENT.
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