Template:Isda Change in Tax Law summ: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "So one mild observation here is that this definition of a “{{{{{1}}}|Change in Tax Law}}” does not specifically mention, you know, ''tax'' per se. Which at first g...")
Tags: Mobile edit Mobile web edit
 
No edit summary
Line 1: Line 1:
So one mild observation here is that this definition of a “{{{{{1}}}|Change in Tax Law}}” does not specifically mention, you know, ''[[tax]]'' [[per se]]. Which at first glance is odd.
So one mild observation here is that this definition of a “{{{{{1}}}|Change in Tax Law}}” does not specifically mention, you know, ''[[tax]]'' [[per se]]. Which at first glance is odd.


This transpires not to matter, though, seeing as {{isdaprov|Change in Tax Law}} appears only twice in the {{2002ma}}, and in each case the context  in which it appears is very specific to tax. They are:
This transpires not to matter, though, seeing as {{{{{1}}{|Change in Tax Law}} appears only twice in the {{2002ma}}, and in each case the context  in which it appears is very specific to tax. They are:
*Section {{isdaprov|2(d)}}(4)(B) (which deals with exclusions to the general requirement to [[gross up]] for {{isdaprov|Indemnifiable Tax}}es; and
*Section {{{{{1}}{|2(d)}}(4)(B) (which deals with exclusions to the general requirement to [[gross up]] for {{{{{1}}{|Indemnifiable Tax}}es; and
*Section {{isdaprov|5(b)(iii)}} ({{isdaprov|Tax Event}}s), defining things that count as {{isdaprov|Tax Event}}s by making an {{isdaprov|Affected Party}} more likely to suffer an {{isdaprov|Indemnifiable Tax}}.
*Section {{{{{1}}{|5(b)(iii)}} ({{{{{1}}{|Tax Event}}s), defining things that count as {{{{{1}}{|Tax Event}}s by making an {{{{{1}}{|Affected Party}} more likely to suffer an {{{{{1}}{|Indemnifiable Tax}}.
The provisions surrounding gross up and termination and Indemnifiable Taxes are some of the most (linguistically) complicated in the {{isdama}}, by the way.
The provisions surrounding gross up and termination and Indemnifiable Taxes are some of the most (linguistically) complicated in the {{isdama}}, by the way.

Revision as of 21:14, 15 April 2020

So one mild observation here is that this definition of a “{{{{{1}}}|Change in Tax Law}}” does not specifically mention, you know, tax per se. Which at first glance is odd.

This transpires not to matter, though, seeing as {{{Template:1{|Change in Tax Law}} appears only twice in the 2002 ISDA, and in each case the context in which it appears is very specific to tax. They are:

The provisions surrounding gross up and termination and Indemnifiable Taxes are some of the most (linguistically) complicated in the ISDA Master Agreement, by the way.

Retrieved from "https://jollycontrarian.com/index.php?title=Template:Isda_Change_in_Tax_Law_summ&oldid=43690"