Tax Authority Claim definition

Tax Authority Claim means any assessment, notice, demand, letter or other document issued or action taken by or on behalf of any Tax Authority, self-assessment or other occurrence from which it appears that the Buyer, the Company or any of the Subsidiaries is or may be subject to a Liability for Tax or other liability in respect of which the Warrantors are or may be liable under this Tax Covenant or the Tax Warranties; and

Tax Authority Claim shall have the meaning given to that term in the Tax Covenant.

Tax Authority Claim means any assessment, notice, letter, determination, demand or other document issued or action taken by or on behalf of any Tax Authority from which it appears that a Group Company may have a Tax Liability which is relevant for the purposes of this Schedule 7;

Examples of Tax Authority Claim in a sentence

• Subject to Paragraph 8.5 the Purchaser shall take (or procure that the relevant Target Group Member shall take) such action as GKN may reasonably request to avoid, dispute, resist, appeal, compromise or defend any Tax Authority Claim (whether notified by the Purchaser, or being a Tax Authority Claim of which GKN was already aware) and any adjudication in respect thereof .

• Notification of claims 4.1 The Purchaser shall, as soon as reasonably practicable, notify the Seller if it becomes aware of any Tax Authority Claim from which it appears that the Seller may have a liability under paragraph 2 of this Schedule 7.

• Such written details shall include such available information as the Vendors may reasonably require to assess the quantum and merits of the Tax Authority Claim.

• Subject to Paragraph 8.5, GKN shall have the right (if it wishes) to jointly with the Purchaser, and to require the Purchaser to jointly with GKN, control any proceedings taken in connection with a Tax Authority Claim in respect of or in connection with a Stromag Trademark Charge Enquiry.

• Brazilian Tax Authority Claim In March 2013, São Paulo tax authorities asserted taxes (Brazilian municipal taxes “Imposto Sobre Serviço”) and fines against the Company’s Brazilian subsidiary relating to the period from 2008 to 2011 in an approximate updated amount of $ 21,500, including ordinary taxable services on commissions earned.

More Definitions of Tax Authority Claim

Tax Authority Claim means any notice, demand, assessment, letter or other document issued by or on behalf of any Tax Authority or prepared by a Sale Group Company, any member of the Purchaser’s Tax Group or any other person or any other action taken by or on behalf of any Tax Authority or person (including the imposition, or any document referring to the possible imposition, of any withholding of or on account of Tax) or any self-assessment or any other claim in each case whether before or after the date hereof from which notice, demand, assessment, letter, document, action, or self-assessment or claim it appears that a Tax Liability or increased Tax Liability will or may be incurred by or imposed on a Sale Group Company in connection with a Pre-Effective Date Tax Liability.

Tax Authority Claim means any claim, counterclaim, assessment, self-assessment, notice, letter, determination, demand, return, account or other document issued or action taken by or on behalf of any Tax Authority, from which it appears that a Tax Liability has been, or is likely to be, imposed on a Purchase Entity and in respect of which the Buyer has or is likely to have a claim against the Sellers under this Schedule or for breach of the Tax Warranties.

Tax Authority Claim means the issue of any notice, letter or other document by or on behalf of any Tax Authority or the taking of any other action by or on behalf of any Tax Authority (including any enquiry, claim, dispute, proceeding or other engagement with a Tax Authority following therefrom) from which (in each case) it appears that a Haleon Tax Liability, GSK Tax Liability or Pfizer Tax Liability has arisen or may arise to (or is to be, or will be, imposed on) a member of the Haleon Group, the GSK Group or the Pfizer Group (as the case may be);

Tax Authority Claim means any notice, demand, assessment, letter or other document issued by or on behalf of any Tax Authority or prepared by a Sale Group Company, any member of the Purchaser’s Tax Group or any other person or any other action taken by or on behalf of

Tax Authority Claim means the issue, post Completion, of any notice, demand, assessment or letter by a Tax Authority;

Tax Authority Claim means any self-assessment or the issue of any notice, letter or other document by or on behalf of any Tax Authority or the taking of any other action by or on behalf of any Tax Authority from which self-assessment, notice, letter document or action it appears either (i) that a Tax Effect may arise or be increased in respect of a Group Company, (ii) in the context of paragraph 12.1, that a Tax Liability of any member of the Purchaser’s Group may arise or be increased, or (iii) in the context of paragraph 12.2, that a Tax Liability of any member of the Covenantor’s Group may arise or be increased;

Tax Authority Claim means (in any jurisdiction): (a) any assessment, notice, letter, determination, demand or other document issued by or on behalf of any Tax Authority (whether issued or made before or after the date of this agreement and whether satisfied or not at the date of this agreement); and (b) any return, amended return, computation, accounts or any other documents required for the purposes of Taxation made by or on behalf of a Group Company;in any case, from which it appears that: (i) a Tax Liability has been, or may be, imposed on any Group Company; or (ii) an increased or a further payment to a Tax Authority is required to be made by any Group Company; or (iii) a Group Company is denied or is sought to be denied a Relief;