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{{ietaprov|11}} Taxes<br>
 
{{ietaprov|11.1}} {{ietaprov|Value Added Tax}}es. All amounts referred to in this {{ietaprov|Agreement}} are exclusive of any applicable {{ietaprov|VAT}} chargeable on the supply or supplies for which such amounts form the whole or part of the consideration for {{ietaprov|VAT}} purposes. The {{ietaprov|VAT}} treatment of any {{ietaprov|Transfer}} under a {{ietaprov|Transaction}} shall be determined pursuant to the {{ietaprov|VAT}} law of the jurisdiction where a taxable transaction for {{ietaprov|VAT}} purposes is deemed to take place. If {{ietaprov|VAT}} is properly chargeable on any such supply or supplies, the {{ietaprov|Receiving Party}} shall pay to the {{ietaprov|Delivering Party}} an amount equal to the {{ietaprov|VAT}}, if any, chargeable in the {{ietaprov|Delivering Party}}’s jurisdiction; provided, however, that:<br>
:{{ietaprov|11.1(a)}} such amount shall only be required to be paid once the {{ietaprov|Delivering Party}} provides the {{ietaprov|Receiving Party}} with a valid {{ietaprov|VAT}} invoice in relation to that amount; and <br>
:{{ietaprov|11.1(b)}} the {{ietaprov|Receiving Party}} shall be under no obligation to make any payment to the {{ietaprov|Delivering Party}} in respect of {{ietaprov|VAT}} which the {{ietaprov|Receiving Party}} must self-assess under the reverse charge rule or any similar system in the {{ietaprov|Receiving Party}}’s jurisdiction. <br>
Each Party shall to the extent permitted by law provide the other with any additional valid {{ietaprov|VAT}} invoices as required for the purposes of this {{ietaprov|Agreement}} and, to the extent required by law, shall correctly account for any {{ietaprov|VAT}} properly due in its jurisdiction.<br>
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{{ietaprov|11.2}} Other Taxes. Subject to each Party’s obligations relating to {{ietaprov|Value Added Tax}}es, each Party shall cause all royalties, taxes, duties and other sums (including any stamp duty, other documentary taxes, climate change levy or other environmental tax or levy) legally payable by that Party arising in connection with this {{ietaprov|Agreement}} to be paid. In the event that the {{ietaprov|Delivering Party}} is required by law to pay any tax which is properly for the account of the Receiving Party, the {{ietaprov|Receiving Party}} shall promptly indemnify or reimburse the {{ietaprov|Delivering Party}} in respect of such tax. In the event that the {{ietaprov|Receiving Party}} is required by law to pay any tax which is properly for the account of the Delivering Party, the {{ietaprov|Receiving Party}} may deduct the amount of any such tax from the sums due to the {{ietaprov|Delivering Party}} under this {{ietaprov|Agreement}} and the {{ietaprov|Delivering Party}} shall promptly indemnify or reimburse the {{ietaprov|Receiving Party}} in respect of any such tax not so deducted.<br>
{{ietaprov|11.3}} Minimisation of Taxes. Both Parties shall use reasonable efforts to administer this {{ietaprov|Agreement}} and to implement its provisions in accordance with the intent to minimise, where reasonable and possible, the accrual of tax payment obligations.<br>
{{ietaprov|12}} Transfer or Acceptance Failure<br>
{{ietaprov|12}} Transfer or Acceptance Failure<br>
{{ietaprov|12.1}} Failure to Transfer.<br>
{{ietaprov|12.1}} Failure to Transfer.<br>
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