ADMINISTRATION AND RETURNS Clause Samples
ADMINISTRATION AND RETURNS. E5.1.1.1 So far as the Covenantors are aware each of the UK Companies has, within the requisite time limits specified by statute, made all returns, given all notices, made all applications and supplied all other information required by law to be supplied to the Inland Revenue or other Tax Authorities, all such information, applications, returns and notices were and remain, so far as the Covenantors are aware, complete, true and accurate in all material respects and so far as the Covenantors are aware are not the subject of any dispute with the relevant authorities.
E5.1.1.2 The Disclosure Letter contains details, so far as they affect the UK Companies, of all concessions, arrangements and agreements (whether formal or informal) negotiated with any Tax Authority.
ADMINISTRATION AND RETURNS. 1.1 Provision The Company has no liability for Tax (whether actual, deferred or contingent) in respect of any financial period down to and including the Accounting Date or referable to profits (including income and gains) made or deemed to have been made on or before the Accounting Date which has not been provided for or disclosed in the Accounts.
1.2 Payment of Tax The Company has duly paid all tax which it has become liable to pay and has not in the six years ending on the date of this Agreement been liable to pay a penalty, surcharge, fine or interest in connection with Tax or the submission or failure to submit any returns.
1.3 Interest/Penalties The Company is under no liability to pay any interest, penalty, fine or default surcharge in connection with any Tax nor to the best of its knowledge information and belief as at Completion is any such liability likely to arise.
1.4 Returns The Company has properly and duly made all returns and supplied all notices, accounts, computations and information for the purposes of Tax required to have been made or supplied to any Tax Authority.
1.5 Disputes None of the aforementioned returns, notices, accounts and information has been or to the best of its knowledge information and belief as at Completion is likely to be disputed by any Tax Authority or to the best of its knowledge information and belief as at Completion will give rise to any disallowance of relief, allowance, deduction or credit or any assessment (including any claim for any penalty, interest, surcharge or fine).
1.6 Investigations The Company's affairs have not been and are not to the best of its knowledge information and belief as at Completion likely to be the subject of any dispute, investigation or discovery by or with any Tax Authority.
1.7 Claims and Elections All claims, disclaimers, elections, appeals or applications which the Company has made or is entitled to make in respect of Tax have been Disclosed and the particulars thereof are sufficient to enable the Purchaser to procure that any time limit to such entitlement expiring within six months of Completion can be met.
ADMINISTRATION AND RETURNS