Tax covenant: corporate seller version

Schedule containing tax covenant (with integrated drafting notes) to be inserted in a share purchase agreement where the seller is a body corporate. Care must be taken to ensure that (a) the definitions and interpretation provisions in this tax covenant conform (where necessary) with those in the share purchase agreement, and (b) that the definitions in the share purchase agreement conform with any undefined terms in this tax covenant.

NOTE: This resource is being reviewed in light of the Spring 2017 Budget. For more information, see Legal update, Spring 2017 Budget: key business tax announcements.


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