Common use of Tax avoidance Clause in Contracts

Tax avoidance. No Group Company has been a party to, or been involved in, any transaction, scheme or arrangement of which the main purpose (or one of the main purposes) or effect is the avoidance of a liability to Taxation or which could be re-characterised or treated as unenforceable for Taxation purposes.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Farfetch LTD), Sale and Purchase Agreement (Farfetch LTD)

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Tax avoidance. 32.1. No Group Company has been involved in or a party toto any scheme, arrangement, transaction or been involved in, any transaction, scheme or arrangement series of which transactions either (i) the main purpose (purpose, or one of the main purposespurposes of which was or might be held to have been the avoidance, deferral or reduction of Taxation on the part of any Group Company; (ii) that produced a loss for Tax purposes with no corresponding commercial loss, or effect is (iii) containing one or more steps which have no commercial purpose other than avoiding, deferring or saving Tax or obtaining a Tax advantage on the avoidance part of a liability to Taxation or which could be re-characterised or treated as unenforceable for Taxation purposesany Group Company.

Appears in 1 contract

Samples: Share Purchase Agreement (BlueNRGY Group LTD)

Tax avoidance. No Group Company has engaged in or been a party to, to any transaction or been involved in, any transaction, transactions which will result in a liability to Tax for an accounting period starting after Completion and which is part of a scheme or arrangement in respect of which the main purpose (or one of the main purposesmain) purposes was or effect is might be held to have been the avoidance avoidance, deferral or reduction of a liability to Taxation or which could be re-characterised or treated as unenforceable for Taxation purposesTax.

Appears in 1 contract

Samples: Share Purchase Agreement (Intercontinental Hotels Group PLC /New/)

Tax avoidance. No Group Company has been a party to, or been involved in, any transactionschemes or arrangements designed wholly or partly for the purposes of avoiding or deferring any Taxation liability, scheme or arrangement of in relation to which the main purpose (any disclosure has been, or one of the main purposes) or effect is the avoidance of a liability will be, required to be made to any Taxation or which could be re-characterised or treated as unenforceable for Taxation purposesAuthority.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Genesco Inc)

Tax avoidance. No Group Company has during the last six years entered into or been a party to, or been involved in, to any transaction, scheme schemes or arrangement of which the main purpose (purpose, or one of the main purposes) or effect is , was the avoidance of or the reduction in or the deferral of a liability to Taxation or which could be re-characterised or treated as unenforceable for Taxation purposesTaxation.

Appears in 1 contract

Samples: Agreement (National Australia Bank LTD)

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Tax avoidance. (a) No Group Company has been a party to, or been involved in, participated in any transaction, scheme or arrangement of which where the purposes or a main purpose (or one of the main purposes) or effect is such participation was the avoidance or evasion of a liability to Taxation or which could be re-characterised or treated as unenforceable for Taxation purposesTax.

Appears in 1 contract

Samples: Agreement (Etsy Inc)

Tax avoidance. No Group Company has been a party to, entered into any transaction or been involved in, any transactionseries of transactions, scheme or arrangement of which the main purpose (purpose, or one of the main purposes) or effect is , was the avoidance of a liability to Taxation or which could be re-characterised or treated as unenforceable for Taxation purposesliability.

Appears in 1 contract

Samples: Agreement

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