82,891
edits
Indemnifiable Tax - ISDA Provision: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 5: | Line 5: | ||
:... ''other than'' a tax which would ''not'' be imposed ''but for''... | :... ''other than'' a tax which would ''not'' be imposed ''but for''... | ||
Not only a [[triple negative]], but since ISDA’s 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]]'''. Beat ''that'' | Not only a [[triple negative]], but since ISDA’s 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]]'''. Beat ''that'' [[ISLA]]. | ||
{{Withholding under ISDA}} | {{Withholding under ISDA}} | ||
==={{isdaprov|Stamp Tax}}es=== | ==={{isdaprov|Stamp Tax}}es=== | ||