Company Residence Clause Samples

Company Residence. Each Group Company has been resident for tax purposes in its country of incorporation and has not been resident anywhere else at any time since its incorporation and will be so resident at Closing. For the avoidance of doubt, references to residence in this paragraph shall be construed as references to residence as determined by the local law of the jurisdiction or jurisdictions concerned and not by reference to the provisions of any relevant double taxation treaty or convention.

Company Residence. Each Group Company has been resident for Taxation purposes in its place of incorporation and nowhere else at all times since its incorporation. No Group Company has been liable to pay Taxation on its net income, profit or gains to any Tax Authority outside its jurisdiction of incorporation.

Company Residence. Each Group Company has been resident for Taxation purposes in its place of incorporation and nowhere else at all times since its incorporation and will be so resident at Closing.

Company Residence. Each of the Target Group Companies is resident for Taxation purposes in the jurisdiction specified in Part 2 of the Schedule and has not been resident anywhere else at any time since its incorporation. For the avoidance of doubt, references to residence in this paragraph 4 shall be construed as references to residence as determined by the local law of the jurisdiction or jurisdictions concerned and not by (unless required by such local law) reference to the provisions of any relevant double tax agreement, treaty or convention.

Company Residence. The Company has always been resident in the territory in which it was incorporated and has never been resident in any other territory or treated as so resident for the purposes of any double Tax agreement.

Company Residence. Each UK Company has been resident for tax purposes in the United Kingdom and nowhere else at all times since its incorporation and will be so resident at Closing.

Company Residence. Each Group Company is resident for Tax purposes solely in its territory of incorporation and does not have a branch, agency, place of business or permanent establishment outside of that territory.

Company Residence. 8.1 The Company has always been resident in the United Kingdom for corporation tax purposes and has never at any time been treated for the purposes of any double taxation arrangements or for any other tax purpose as resident in any other jurisdiction and the Company does not hold shares in a company which is not resident in the United Kingdom and which would be a close company if it were resident in the United Kingdom in circumstances such that a chargeable gain accruing to the company not resident in the United Kingdom could be apportioned to the Company pursuant to section 13 of TCGA 1992.

Company Residence. The Company has been resident for tax purposes in the United Kingdom and nowhere else at all times since its incorporation