Tax avoidance. The Company has not been a party to or otherwise involved in any transaction, scheme or arrangement, the sole or main purpose of which, or one of the main purposes of which, was to avoid or defer a liability to Taxation or to obtain a Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996).
Appears in 1 contract
Tax avoidance. The No Company has not entered into or been a party to any scheme, arrangement or otherwise involved in any transaction, scheme transaction designed wholly or arrangement, mainly or containing steps or stages having no commercial purpose and designed wholly or mainly for the sole or main purpose of which, avoiding or one of the main purposes of which, was to avoid deferring Taxation or defer reducing a liability to Taxation or amounts to obtain a Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)be accounted for under PAYE.
Appears in 1 contract
Sources: Share Purchase Agreement (Esterline Technologies Corp)
Tax avoidance. The Company has not been a party to or otherwise involved in any transaction, scheme or arrangement, the sole or main purpose of whichto, or one of been involved in, any schemes or arrangements designed wholly or partly for the main purposes of whichavoiding any Tax liability, was or in relation to avoid which any disclosure has been, or defer a liability will be, required to Taxation or be made to obtain a any Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)Authority.
Appears in 1 contract
Tax avoidance. The Company has not been a party to or otherwise involved in any transaction, tax avoidance transaction scheme or arrangement, the sole or main arrangement whose principal purpose of which, or one of the main purposes of which, was to avoid or defer a liability to Taxation or to obtain a Tax advantage or tax avoidance and which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)limited or no commercial benefit.
Appears in 1 contract
Tax avoidance. 13.1 The Company has not engaged in or been a party to any scheme or arrangement in respect of which the main (or one of the main) purpose or purposes is or was the avoidance of tax.
13.2 The Company has not been a party to any preordained series of transactions containing one or otherwise involved in any transaction, scheme more steps which have no commercial purpose other than avoiding deferring or arrangement, the sole saving tax or main purpose obtaining of which, or one of the main purposes of which, was to avoid or defer a liability to Taxation or to obtain a Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)tax advantage.
Appears in 1 contract
Sources: Share Purchase Agreement (Driftwood Ventures, Inc.)
Tax avoidance. The Company has not during the last six years entered into or been a party to or otherwise involved in any transaction, scheme or arrangement, arrangement of which the sole or main purpose of whichpurpose, or one of the main purposes of whichpurposes, was to avoid the avoidance of or defer the reduction in or the deferral of a liability to Taxation or to obtain a Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)Taxation.
Appears in 1 contract
Tax avoidance. (a) The Company has not engaged in or been a party to any scheme or arrangement in respect of which the main (or one of the main) purposes was or might be held to have been the avoidance, deferral or reduction of Taxation.
(b) The Company has not been a party to any preordained series of transactions containing one or otherwise involved in any transaction, scheme more steps which have no commercial purpose other than avoiding deferring or arrangement, the sole saving Tax or main purpose obtaining of which, or one of the main purposes of which, was to avoid or defer a liability to Taxation or to obtain a Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)advantage.
Appears in 1 contract
Sources: Sale and Purchase Agreement (MTS Medication Technologies, Inc /De/)
Tax avoidance. The Company has not been a party to or otherwise involved in any transaction, scheme or arrangement, the sole or main purpose of whichto, or one of been involved in, any schemes or arrangements designed wholly or partly for the main purposes of whichavoiding or deferring any Tax liability, was or in relation to avoid which any disclosure has been, or defer a liability will be, required by law to Taxation or be made to obtain a any Tax advantage or which had an unallowable purpose (as defined in Paragraph 13(5) Schedule 9 to the Finance Act 1996)Authority.
Appears in 1 contract
Sources: Sale and Purchase Agreement (Brooks Automation Inc)