FATCA Withholding Tax - ISDA Provision: Difference between revisions

FATCA Withholding Tax - ISDA Provision (view source)

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	{{~~fullanat\|isda~~\|FATCA Amendment~~\|2002~~}}		{{isdaanat\|FATCA Amendment}}
	You will see the attached added as a result of [[FATCA]], so that a [[Withholding tax\|withholding]] imposed as a result of {{t\|FATCA}} is excluded from the definition of {{isdaprov\|Indemnifiable Tax}} — a definition which is already a [[quintuple negative]], so this truly propels it into the stratosphere of convoluted drafting.		You will see the attached added as a result of [[FATCA]], so that a [[Withholding tax\|withholding]] imposed as a result of {{t\|FATCA}} is excluded from the definition of {{isdaprov\|Indemnifiable Tax}} — a definition which is already a [[quintuple negative]], so this truly propels it into the stratosphere of convoluted drafting.