Indemnified Taxes definition: Copy, customize, and use instantly
Introduction
The term "Indemnified Taxes" refers to taxes, duties, levies, or other governmental charges for which one party agrees to reimburse or protect another party under the terms of a contract. It is essential for defining tax-related obligations and ensuring clarity in indemnification arrangements.
Below are various examples of how "Indemnified Taxes" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Indemnified Taxes" as taxes reimbursed under contract
This definition ties "Indemnified Taxes" to taxes reimbursed as part of contractual agreements.
"Indemnified Taxes" means any taxes, levies, or charges imposed by a governmental authority that one party agrees to reimburse or indemnify the other party for under the terms of this agreement.
Definition of "Indemnified Taxes" as excluded from direct liability
This definition connects "Indemnified Taxes" to liabilities excluded from a party’s direct responsibility.
"Indemnified Taxes" refers to taxes for which one party is indemnified by another, excluding taxes directly attributable to the indemnified party’s income, property, or operations.
Definition of "Indemnified Taxes" as transaction-related obligations
This definition links "Indemnified Taxes" to taxes arising from specific transactions.
"Indemnified Taxes" means all taxes, including withholding taxes, stamp duties, or value-added taxes, incurred as a result of transactions or activities under this agreement and indemnified by one party to the other.
Definition of "Indemnified Taxes" as recoverable government charges
This definition applies "Indemnified Taxes" to taxes subject to recovery.
"Indemnified Taxes" refers to any government charges, levies, or assessments for which one party is entitled to reimbursement or indemnification as specified in this contract.
Definition of "Indemnified Taxes" as cross-border obligations
This definition ties "Indemnified Taxes" to taxes related to international transactions.
"Indemnified Taxes" means taxes, including customs duties or cross-border levies, that arise from international transactions under this agreement and are indemnified by one party to the other.
Definition of "Indemnified Taxes" as taxes imposed by third-party jurisdictions
This definition ties "Indemnified Taxes" to taxes imposed by external authorities.
"Indemnified Taxes" means taxes, levies, or assessments imposed by governmental or regulatory authorities in jurisdictions other than the indemnified party’s primary tax jurisdiction, for which indemnification is provided.
Definition of "Indemnified Taxes" as obligations arising from agreements
This definition connects "Indemnified Taxes" to tax obligations triggered by contractual terms.
"Indemnified Taxes" refers to taxes or similar charges that arise as a direct result of this agreement or related transactions and are subject to indemnification under its terms.
Definition of "Indemnified Taxes" as indirect tax liabilities
This definition links "Indemnified Taxes" to indirect taxes like VAT or GST.
"Indemnified Taxes" means indirect taxes, including value-added tax (VAT), goods and services tax (GST), or similar levies, for which one party agrees to indemnify the other.
Definition of "Indemnified Taxes" as taxes borne by an indemnifying party
This definition applies "Indemnified Taxes" to liabilities absorbed by the indemnifying party.
"Indemnified Taxes" refers to taxes that are the responsibility of the indemnifying party under the terms of this agreement, covering amounts paid or assessed against the indemnified party.
Definition of "Indemnified Taxes" as tax-related compensations
This definition ties "Indemnified Taxes" to compensations for tax payments.
"Indemnified Taxes" means compensations for taxes paid by one party on behalf of another, as agreed under the indemnification provisions of this contract.
Definition of "Indemnified Taxes" as tax burdens excluded from primary liability
This definition connects "Indemnified Taxes" to exclusions from a party's primary tax obligations.
"Indemnified Taxes" refers to taxes that are excluded from the primary obligations of the indemnified party and are covered by indemnification arrangements within this agreement.
Definition of "Indemnified Taxes" as withholding taxes
This definition links "Indemnified Taxes" to taxes withheld at the source.
"Indemnified Taxes" means withholding taxes imposed on payments made under this agreement, which are indemnified by one party to ensure the recipient receives the full intended amount.
Definition of "Indemnified Taxes" as levies associated with specific transactions
This definition applies "Indemnified Taxes" to taxes arising from specific contractual transactions.
"Indemnified Taxes" refers to taxes, fees, or duties directly associated with specific transactions, such as asset transfers or service provisions, for which one party is indemnified.
Definition of "Indemnified Taxes" as regulatory charges and assessments
This definition ties "Indemnified Taxes" to regulatory-imposed charges.
"Indemnified Taxes" means any charges, duties, or assessments levied by governmental or regulatory authorities, indemnified by one party to the benefit of the other.
Definition of "Indemnified Taxes" as cross-border compliance taxes
This definition connects "Indemnified Taxes" to compliance costs for international operations.
"Indemnified Taxes" refers to taxes incurred due to cross-border operations or compliance obligations, which are subject to indemnification under this agreement.
Definition of "Indemnified Taxes" as recoverable withholding obligations
This definition ties "Indemnified Taxes" to recoverable withholding taxes.
"Indemnified Taxes" means any withholding taxes imposed on payments under this agreement that are recoverable by the indemnified party from the indemnifying party.
Definition of "Indemnified Taxes" as duties and excise levies
This definition connects "Indemnified Taxes" to duties and excise taxes.
"Indemnified Taxes" refers to duties, excise taxes, or similar levies imposed by governmental authorities that are subject to indemnification under the terms of this contract.
Definition of "Indemnified Taxes" as non-income tax liabilities
This definition links "Indemnified Taxes" to taxes other than income taxes.
"Indemnified Taxes" means taxes other than income taxes, such as property taxes, sales taxes, or transaction levies, for which one party indemnifies the other.
Definition of "Indemnified Taxes" as taxes incurred due to a change in law
This definition applies "Indemnified Taxes" to liabilities arising from legal changes.
"Indemnified Taxes" refers to taxes, fees, or levies imposed as a result of changes in applicable laws or regulations, indemnified by one party under the agreement.
Definition of "Indemnified Taxes" as shared transaction costs
This definition ties "Indemnified Taxes" to shared tax costs for joint transactions.
"Indemnified Taxes" means tax costs associated with joint or shared transactions that are agreed to be covered by indemnification between the parties.
Definition of "Indemnified Taxes" as imposed import or export duties
This definition connects "Indemnified Taxes" to taxes related to cross-border trade.
"Indemnified Taxes" refers to import, export, or customs duties incurred as part of international trade, for which indemnification is provided by one party to the other.
Definition of "Indemnified Taxes" as pass-through tax liabilities
This definition links "Indemnified Taxes" to taxes passed through to another party.
"Indemnified Taxes" means tax liabilities that are passed through from one party to another and covered by indemnification under the contract.
Definition of "Indemnified Taxes" as gross-up obligations
This definition applies "Indemnified Taxes" to gross-up tax arrangements.
"Indemnified Taxes" refers to any taxes subject to gross-up provisions, ensuring the recipient party receives the full amount specified under the agreement.
Definition of "Indemnified Taxes" as local jurisdiction taxes
This definition ties "Indemnified Taxes" to taxes imposed by local authorities.
"Indemnified Taxes" means taxes imposed by municipal or local authorities in connection with the performance of this agreement, indemnified by one party to the other.
Definition of "Indemnified Taxes" as penalties and interest on taxes
This definition connects "Indemnified Taxes" to tax penalties and interest.
"Indemnified Taxes" refers to taxes, including penalties and accrued interest, that are incurred due to late payments or non-compliance and indemnified under the agreement.
Definition of "Indemnified Taxes" as transactional levies and fees
This definition ties "Indemnified Taxes" to levies arising from specific transactions.
"Indemnified Taxes" means any transactional levies, fees, or duties incurred as a result of executing this agreement, for which indemnification is provided by one party.
Definition of "Indemnified Taxes" as obligations tied to regulatory approvals
This definition connects "Indemnified Taxes" to taxes linked with regulatory requirements.
"Indemnified Taxes" refers to taxes or charges arising from obtaining regulatory approvals or permits necessary to fulfill the obligations under this agreement.
Definition of "Indemnified Taxes" as cross-border compliance costs
This definition links "Indemnified Taxes" to costs related to cross-border regulations.
"Indemnified Taxes" means any tax obligations or duties incurred due to cross-border compliance requirements that are indemnified by one party to the other.
Definition of "Indemnified Taxes" as stamp and registration duties
This definition applies "Indemnified Taxes" to taxes on document execution.
"Indemnified Taxes" refers to stamp duties, registration fees, or other charges imposed on the execution or filing of documents under this agreement.
Definition of "Indemnified Taxes" as jurisdiction-specific levies
This definition ties "Indemnified Taxes" to taxes unique to certain jurisdictions.
"Indemnified Taxes" means taxes, fees, or duties that are specific to a particular jurisdiction and indemnified as part of the agreement’s provisions.
Definition of "Indemnified Taxes" as penalties from third-party actions
This definition connects "Indemnified Taxes" to penalties arising from third-party non-compliance.
"Indemnified Taxes" refers to taxes, penalties, or interest assessed due to the actions or omissions of third parties, indemnified under the agreement.
Definition of "Indemnified Taxes" as environmental levies
This definition links "Indemnified Taxes" to environmental or sustainability-related taxes.
"Indemnified Taxes" means taxes, fees, or levies imposed for environmental compliance or sustainability initiatives, for which indemnification is provided by one party.
Definition of "Indemnified Taxes" as indirect obligations on sales
This definition applies "Indemnified Taxes" to taxes on sales or services.
"Indemnified Taxes" refers to indirect taxes such as sales tax, service tax, or similar levies incurred in connection with this agreement, subject to indemnification.
Definition of "Indemnified Taxes" as industry-specific duties
This definition ties "Indemnified Taxes" to taxes unique to specific industries.
"Indemnified Taxes" means taxes, levies, or charges that apply specifically to the industry in which the parties operate, indemnified under the contract.
Definition of "Indemnified Taxes" as retrospective tax liabilities
This definition connects "Indemnified Taxes" to retroactive tax assessments.
"Indemnified Taxes" refers to tax liabilities assessed retroactively by authorities, indemnified by one party to ensure the other is not financially impacted.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.