Template:M summ 2002 ISDA 4(d): Difference between revisions

Latest revision as of 12:40, 24 December 2023

Revision as of 15:20, 24 February 2020 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,426 edits Created page with "These reps allow the other party to pay without deduction for certain taxes. This covenant puts the onus on the payee (beneficiary) to ensure the other..."		Latest revision as of 12:40, 24 December 2023 view source Amwelladmin (talk \| contribs) Bureaucrats, Interface administrators, Administrators 88,426 edits No edit summary
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	~~These [[reps]] allow the other party to pay without [[Withholding tax\|deduction]] for certain taxes. This covenant puts the onus on the payee~~ (~~beneficiary~~) to ensure the other party (who is subject to the authority of the taxing authority in question) is not erroneously passing moneys through that it should withhold and for which it will be personally liable to account to the tax authority. It also gives the aggreived payer a direct right of action to claim those amounts back off the forgetful payee. <br>		{{isda 4(d) summ\|{{{1}}}}}