Payment of Stamp Tax - ISDA Provision: Difference between revisions
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{{isdaanat|4(e)}}{{isdaanat|Stamp Tax | {{isdaanat|4(e)}}{{isdaanat|Stamp Tax}} | ||
Other than a modicum of clerical tidy-up, the {{1992ma}} provision is exactly the same. | Other than a modicum of clerical tidy-up, the {{1992ma}} provision is exactly the same. | ||
Basically, if there is any {{isdaprov|Stamp Tax}} imposed because of my existence or residence in a certain jurisdiction, whether imposed on me or you, I'll pay it, unless it would have been imposed on you too. If we're both in the same {{isdaprov|Stamp Tax Jurisdiction}}, the liability lies where it falls. | Basically, if there is any {{isdaprov|Stamp Tax}} imposed because of my existence or residence in a certain jurisdiction, whether imposed on me or you, I'll pay it, unless it would have been imposed on you too. If we're both in the same {{isdaprov|Stamp Tax Jurisdiction}}, the liability lies where it falls. |
Revision as of 12:22, 18 January 2020
ISDA Anatomy™
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ISDA Anatomy™
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Other than a modicum of clerical tidy-up, the 1992 ISDA provision is exactly the same.
Basically, if there is any Stamp Tax imposed because of my existence or residence in a certain jurisdiction, whether imposed on me or you, I'll pay it, unless it would have been imposed on you too. If we're both in the same Stamp Tax Jurisdiction, the liability lies where it falls.