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Not only a triple negative, but since ISDAs definition of {{isdaprov|Tax}} already contains a negative (being any tax that isn’t a {{isdaprov|Stamp Tax}}) and “{{isdaprov|Indemnifiable Tax}}” is itself often used in the negative (e.g. “a tax which is [[not]] an {{isdaprov|Indemnifiable Tax}}”) — or even ''[[double negative]]'' (e.g. “''other than'' a tax which is not an {{isdaprov|Indemnifiable Tax}}”) in the body of the {{isdama}}. That makes it a '''''sextuple negative'''''. Quite a literary feat. | Not only a triple negative, but since ISDAs definition of {{isdaprov|Tax}} already contains a negative (being any tax that isn’t a {{isdaprov|Stamp Tax}}) and “{{isdaprov|Indemnifiable Tax}}” is itself often used in the negative (e.g. “a tax which is [[not]] an {{isdaprov|Indemnifiable Tax}}”) — or even ''[[double negative]]'' (e.g. “''other than'' a tax which is not an {{isdaprov|Indemnifiable Tax}}”) in the body of the {{isdama}}. That makes it a '''''sextuple negative'''''. Quite a literary feat. | ||
====In a {{nutshell}}==== | |||
A need to know version is this: | A need to know version is this: | ||
{{ | :{{Nutshell ISDA Indemnifiable Tax}} | ||
{{Withholding under ISDA}} | {{Withholding under ISDA}} | ||
====See Also==== | ====See Also==== | ||
See in particular Section {{isdaprov|2(d)}} ({{isdaprov|Deduction or Withholding for Tax}}). | See in particular Section {{isdaprov|2(d)}} ({{isdaprov|Deduction or Withholding for Tax}}). | ||
{{ | |||
{{ref}} |