Tax - ISDA Provision: Difference between revisions

no edit summary
No edit summary
 
(14 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{isdasnap|Tax}}
{{isdamanual|Tax}}
====Commentary====
If you compare this definition with the equivalent definition of {{gmslaprov|Tax}} in the {{gmsla}} you might find yourself idly wondering about this strange little exception, missing from the GMSLA, for {{isdaprov|Stamp Tax}}. I know I did.
 
Interestingly - or not, depending on your perspective - the drafters of the {{2002ma}} neglected to make use of the opportunity to use the definition of "{{isdaprov|Stamp Tax}}" in place of the less elegant "stamp, registration, documentation or similar tax". But this might be the reason for the carve-out: Stamp Tax has its own little representation in Section {{isdaprov|4(e)}}.
 
====See Also====
 
{{isdaanatomy}}