Common use of Tax Provision Clause in Contracts

Tax Provision. Full provision or reserve has been made in the Accounts for all Taxation assessed or liable to be assessed on the Company or for which it is accountable in respect of income, profits or gains earned, accrued or received on or before the Balance Sheet Date, including distributions made down to such date or provided for in the Accounts, and proper provision has been made in the Accounts for deferred taxation in accordance with internationally accepted accounting standards.

Appears in 6 contracts

Samples: Agreement for the Sale and Purchase of Shares (Integrated Media Technology LTD), Agreement for Sale and Purchase of Shares (Integrated Media Technology LTD), Shareholder Agreement (Integrated Media Technology LTD)

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Tax Provision. Full provision or reserve has been made in the Accounts for all Taxation assessed or liable to be assessed on the Company or for which it is accountable in respect of income, profits or gains earned, accrued or received or deemed to be earned, accrued or received on or before the Balance Sheet Date, including distributions made down to such date or provided for in the Accounts, Accounts and proper provision has been made in the Accounts for deferred taxation Taxation in accordance with internationally generally accepted accounting standardsprinciples.

Appears in 3 contracts

Samples: Share Purchase Agreement (Inverness Medical Innovations Inc), Share Purchase Agreement (Phone Com Inc), Subscription Agreement (Satyam Infoway LTD)

Tax Provision. Full provision or reserve has been made in the Accounts prepared in accordance with the standard accounting practice applicable to the Company for all Taxation assessed or liable to be assessed on the Company or for which it is accountable in respect of income, profits or gains earned, accrued or received or deemed to be earned, accrued or received on or before the Balance Sheet Date, including distributions made down to such date or provided for in the Accounts, Accounts and proper provision has been made in the Accounts for deferred taxation Taxation in accordance with internationally generally accepted accounting standardsprinciples.

Appears in 1 contract

Samples: Share Purchase Agreement (Arthrocare Corp)

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Tax Provision. Full provision or reserve has been made in the Accounts for all Taxation assessed or liable to be assessed on the Company or for which it is accountable in respect of income, profits or gains earned, accrued or received or deemed to be earned, accrued or received on or before the Balance Sheet Date, including distributions made down to such date or provided for in the Accounts, and proper provision has been made in the Accounts for deferred taxation in accordance with internationally accepted accounting standards.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Cunningham Graphics International Inc)

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