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Tax - ISDA Provision: Difference between revisions
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{{isdaanat|Tax}} | {{isdaanat|Tax}} | ||
''NB - the {{1992ma}} and {{2002ma}} versions are '''identical''' | ''NB - the {{1992ma}} and {{2002ma}} versions are '''identical''' | ||
Tax and Stamp tax are meant to be mutually exclusive. Here’s what the | Tax and Stamp tax are meant to be mutually exclusive. Here’s what the ISDA Users’ guide has to say about it, in a footnote on page 58. | ||
:''“{{isdaprov|Tax}}” is defined in Section {{isdaprov|14}} as any tax, charge or other similar listed items, except a stamp, registration, documentation or similar tax (''i.e.'', a “{{isdaprov|Stamp Tax}}” as defined in Section {{isdaprov|14}} of the 2002 Agreement).'' | :''“{{isdaprov|Tax}}” is defined in Section {{isdaprov|14}} as any tax, charge or other similar listed items, except a stamp, registration, documentation or similar tax (''i.e.'', a “{{isdaprov|Stamp Tax}}” as defined in Section {{isdaprov|14}} of the 2002 Agreement).'' | ||
===Ok, so why leave out {{isdaprov|Stamp Tax}}?=== | ===Ok, so why leave out {{isdaprov|Stamp Tax}}?=== | ||