Tax Payables and Declaration Sample Clauses

Tax Payables and Declaration. The Acquiring Company shall deliver a letter of undertaking to the tax offices of the Acquired Companies within the legally required period, stating that the Acquiring Company shall pay all the tax obligations of the Acquired Companies to dissolve with the Merger which have accrued, and which will accrue until the Merger Date, also that the Acquiring Company shall fulfill all other debts and obligations of the Acquired Companies. The Acquiring Company shall provide a collateral, if the related authority requests it. All Parties shall prepare and sign jointly the Corporate Tax Return of the Acquired Companies as of the merger date. Accompanied with acquisition balance sheets and profit & loss table, this Corporate Tax Return shall be delivered to the tax offices of the Acquired Companies no later than 30 days following the announcement of the merger in the Turkish Trade Registry Gazette.
Sample 1
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Tax Payables and Declaration. The Acquiring Company shall deliver a letter of undertaking to the tax offices of the Acquired Companies within the legally required period, stating that the Acquiring Company shall pay all the tax obligations of the Acquired Companies to dissolve with the Merger Transaction which have accrued, and which will accrue until the Merger Date, also that the Acquiring Company shall fulfill all other debts and obligations of the Acquired Companies. If the related authority requests collateral, the Acquiring Company shall provide such collateral. In 30 days at the latest after the merger is announced in the Trade Registry Gazette, All Parties shall deliver the Corporate Tax Return of the Acquired Companies to the tax offices of the Acquired Companies. This return shall be accompanied with acquisition balance sheets, profit and loss tables, should be prepared as of the merger date, and should be signed jointly by All Parties.
Sample 1

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