The "No Tax Advice" clause disclaims any responsibility for providing tax-related guidance or advice within the scope of the agreement. It advises parties to consult their own tax professionals to address their specific tax concerns or obligations.
No Tax Advice. The Company and its affiliates are not making any warranties or representations to you with respect to the income tax consequences of the grant or payment of the Cash Bonus, and you are in no manner relying on the Company, its affiliates or any of their respective representatives for an assessment of such tax consequences. You are hereby advised to consult with your own tax advisor with respect to any tax consequences associated with the Cash Bonus.
Shareholders may contact MUFG at 800.820.0888 with questions regarding the liquidation of the Fund. We provide no tax advice. Please consult your own tax and financial advisors.
NTFS provided no tax advice and was not involved in the preparation or filing of the challenged estate tax filings in this case. Further, NTFS believes it acted in accordance with all applicable laws and fully complied with its fiduciary duties. Accordingly, NTFS filed an appeal of the judgement on March 5, 2024. Under applicable law, upon the filing by NTFS of its appeal, the judgement, as well as its effects (including the fine and joint and several liability) will be stayed pending the outcome of the appeal.
Your services are as an independent contractor, and this letter agreement shall not entitle you to receive from the Company any employee benefits or reimbursements with respect thereto. By acceptance of this offer, you acknowledge that you will receive an IRS Form 1099 from the Company, that you will be solely responsible for timely payment of applicable taxes due in connection with all payments set forth herein and that the Company has given you no tax advice as to the treatment of such payments.
By acceptance of this offer, you acknowledge that you will receive an IRS Form 1099 from the Company, that you will be solely responsible for timely payment of applicable taxes due in connection with all payments set forth herein and that the Company has given you no tax advice as to the treatment of such payments.
We provide no tax advice, and please consult your own tax and financial advisors.
No Tax Advice. The Participant understands that the Participant may suffer adverse tax consequences in connection with the grant and/or payment of the Award. The Participant represents that the Participant has consulted with any tax consultants the Participant deems advisable in connection with the Award and the payment thereof and that the Participant is not relying on KUEHG, the Company or any of their respective representatives for any tax advice and that no such entity has provided any tax advice to the Participant.
No Tax Advice. Insider has reviewed with its own tax advisors the U.S. federal, state, local and foreign tax consequences of this investment and the transactions contemplated by this Agreement. With respect to such matters, Insider relies solely on such advisors and not on any statements or representations of Company or any of its agents, written or oral. Insider understands that it (and not Company) shall be responsible for its own tax liability that may arise as a result of this investment or the transactions contemplated herein.
Parties; Assignment; Independent Contractor; Governing Law; No Tax Advice. This Agreement has been and is made solely for the benefit of the parties hereto and each of their respective persons, agents, employees, officers, directors and controlling persons and their respective heirs, executors, personal representatives, successors and assigns, and nothing contained in this Agreement will confer any rights upon, nor will this Agreement be construed to create any rights in, any person who is not party to such Agreement, other than as set forth in this section. The rights and obligations of either party under this Agreement may not be assigned without the prior written consent of the other party hereto and any other purported assignment will be null and void. This Agreement shall be construed and interpreted in accordance with the laws of the State of New York.
No Tax Advice Except for the information provided in any prospectus applicable to U.S. taxpayers, the Company is not providing the Participant with any information, advice or recommendations with respect to the tax consequences of this Award including, without limitation, whether this Award is taxable upon grant or lapse of forfeiture restrictions. Please consult with your tax advisor to determine the tax consequences in your tax jurisdiction.
No Tax Advice. Such Named Lender has not relied on the Company or any director, officer, employee, agent, or affiliate of the Company for any tax or accounting advice concerning this Agreement, the Note Purchase Agreement, or the Note, and has made its own determination as to the tax and accounting treatment of the transactions contemplated hereby and thereby. The Company does not provide legal or tax advice.
No Tax Advice: The Company is not making any warranties or representations to you with respect to the income tax consequences associated with this Letter, the treatment of your STI Award, RSUs and/or PRSUs contemplated hereunder, the COBRA Benefits or the Continued Mobile Discounts and you are in no manner relying on the Company, its affiliates or any of their respective representatives for an assessment of such tax consequences. You are hereby advised to consult with your own tax advisor with respect to any tax consequences associated with this Letter.
Tax Issues. Optionee acknowledges that the Company has given Optionee no tax advice regarding this Agreement, the Options, or their exercise.
No Tax Advice. THE GRANTEE IS ADVISED TO CONSULT WITH A TAX ADVISOR WITH RESPECT TO THE TAX CONSEQUENCES OF RECEIVING OR EXERCISING OPTIONS HEREUNDER. THE COMPANY DOES NOT ASSUME ANY RESPONSIBILITY TO ADVISE THE GRANTEE ON SUCH MATTERS, WHICH SHALL REMAIN SOLELY THE RESPONSIBILITY OF THE GRANTEE.
No Tax Advice. Each party acknowledges, understands and agrees that (a) no other party is providing any tax, accounting or legal advice to it and that none of the other parties makes any representation regarding tax obligations or consequences related to or arising from this Agreement, and (b) such party assumes sole liability and responsibility for his or its federal, state and/or local tax obligations or consequences that may arise from or relate to this Agreement and that he or it will not seek any indemnification from or otherwise seek to impose any liability on any other party in regard thereto.
No Tax Advice. Such Investor understands that such Investor may suffer adverse tax consequences as a result of such Investor’s purchase or disposition of the Securities. Such Investor represents that he, she or it has consulted any tax consultants that such Investor deems advisable in connection with the purchase or disposition of the Securities and that such Investor is not relying on the Company or the Company’s counsel for any tax advice.
No Tax Advice. The Company has advised the Participant to seek the Participant’s own tax and financial advice with regard to the federal and state tax considerations resulting from the Participant’s receipt of the Award or shares of the Company’s stock pursuant to the Award. The Participant understands that he or she is solely responsible for the payment of all federal and state taxes resulting from this Restricted Stock Award. With respect to Tax Withholding Amounts, the Company has all of the rights specified in Section 5 of this Agreement and has no obligations to the Participant except as expressly stated in Section 5 of this Agreement.
No Tax Advice or Representations. Each Party has consulted with their own tax advisors as to the tax effects of the transactions under this Agreement and understands the potential tax effects. No Party has made any representations to the other Party as to tax advice or tax consequences of this Agreement.
No Tax Advice The preceding discussion is based on U.S. federal tax laws and regulations presently in effect, which are subject to change, and the discussion does not purport to be a complete description of the U.S. federal income tax aspects of the 2024 Equity Incentive Plan. A participant may also be subject to state and local taxes in connection with the grant of awards under the 2024 Equity Incentive Plan. QCR Holdings strongly encourages participants to consult with their individual tax advisors to determine the applicability of the tax rules to the awards granted to them in their personal circumstances. The number and types of awards to be made pursuant to the 2024 Equity Incentive Plan is subject to the discretion of the Compensation Committee and is not determinable at this time.
No Tax Advice; No Duty to Minimize Taxes. The Participant is hereby advised to consult with the Participant’s own personal tax, financial, and/or legal advisors regarding the tax consequences of this Award. The Company has no duty or obligation to minimize the tax consequences to the Participant of this Award and shall not be liable to the Participant for any adverse tax consequences to Participant arising in connection with this Award, including with respect to any election pursuant to Section 83(b) of the Code, as discussed in Section 6.b hereof (the “Section 83(b) Election”). The Participant is hereby advised to consult with the Participant’s own personal tax, financial and/or legal advisors regarding the tax consequences of this award and by signing this Award Agreement, the Participant has agreed that he or she has done so or knowingly and voluntarily declined to do so.
“No Tax Advice” is a disclaimer statement used to clarify that the information provided should not be considered as professional tax advice. It serves to inform recipients that they should consult with a qualified tax advisor to obtain guidance tailored to their specific situation.
You should use “No Tax Advice” when you’re providing information, documents, or discussions that involve financial topics but want to clarify that the information should not be taken as professional advice. This is particularly important if you’re not a licensed tax professional, as it helps to mitigate legal liability related to tax advice.
When writing a “No Tax Advice” disclaimer, you should explicitly state that the information is not intended as tax advice, and recommend consulting with a tax professional. Here is an example:
The information provided herein is for informational purposes only and should not be construed as tax advice. Please consult your tax advisor for guidance specific to your financial situation.
Contracts and documents that might typically contain “No Tax Advice” include:
Financial Services Agreements: Agreements between financial advisors and their clients may include this disclaimer to clarify the scope of services.
Investment Prospectuses: These documents often include the disclaimer to ensure investors seek independent tax advice.
Business Agreements: Contracts such as mergers, acquisitions, or other corporate transactions might include this disclaimer to avoid tax liability guidance.
Informational Brochures: Brochures or pamphlets on financial products often contain this disclaimer to encourage consultation with a tax professional.
Inclusion of a “No Tax Advice” disclaimer in these documents helps manage expectations and reduce potential legal risks.
Dive deeper into the world of clauses and learn more about these other clauses that are used in real contracts.
The "No Third Party Beneficiaries" clause stipulates that the contract is intended solely for the benefit of the parties involved, and no external parties have any rights or claims under the agreement. This clause ensures that only the signatories have enforceable interests and precludes any unintended beneficiaries from asserting rights derived from the contract.
The "No Third Party Beneficiary Rights" clause specifies that the contract is only intended to benefit the parties involved, and not any outside individuals or entities. This ensures that no third party can claim any rights or demand any obligations from the parties based on the contract.
The "No Warranties" clause states that the provider of goods or services disclaims any guarantees regarding the quality, performance, or suitability of the product or service. This means the user accepts the product or service 'as is' without any promise of support or liability for defects.
Try our AI contract analysis and extract important clauses and information from existing contracts.
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