Tax covenant: long form: drafting note

 This drafting note should be used in conjunction with Tax covenant: long form . This drafting note is intended as a general guide to the terms and various paragraphs in the long-form tax covenant. For more detailed practical guidance on negotiating, commenting on and marking up the tax covenant, see Tax covenant: negotiating guide.

NOTE: This resource is being reviewed in light of the July 2015 Budget and the Finance (No. 2) Bill 2015. For more information, see Legal updates, July 2015 Budget: key business tax announcements and Finance (No. 2) Bill 2015 as published: business tax measures.


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