Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Tax Indemnification Agreement
"I need a Tax Indemnification Agreement to protect my technology company from historical tax liabilities when acquiring a Philippine software development company, with the deal expected to close by March 2025."
1. Parties: Identification of the Indemnitor and Indemnitee, including their complete legal names, addresses, and tax identification numbers
2. Background: Context of the agreement, including the underlying transaction or relationship giving rise to the tax indemnification obligation
3. Definitions: Definitions of key terms including 'Tax', 'Tax Authority', 'Tax Claim', 'Indemnified Taxes', 'Loss', and other relevant terms
4. Scope of Indemnification: Detailed description of the tax matters covered by the indemnification and the extent of the indemnitor's obligations
5. Tax Payment Obligations: Procedures for payment of taxes, including timing, method, and currency of payments
6. Claims Procedures: Process for notifying and handling tax claims, including cooperation between parties and control of proceedings
7. Representations and Warranties: Statements regarding tax compliance, filing status, and other relevant tax matters
8. Duration and Survival: Term of the agreement and survival provisions for indemnification obligations
9. Dispute Resolution: Procedures for resolving disputes between parties, including jurisdiction and governing law
10. Miscellaneous Provisions: Standard contractual provisions including notices, amendments, assignment, and severability
1. Tax Gross-Up Provisions: Additional provisions to ensure that indemnity payments themselves do not create additional tax liabilities
2. Third Party Claims: Specific procedures for handling tax claims involving third parties
3. Security Provisions: Requirements for security or collateral to secure indemnification obligations
4. Tax Return Preparation: Provisions regarding the preparation and filing of relevant tax returns
5. Refund and Credit Provisions: Procedures for handling tax refunds or credits related to indemnified taxes
6. Compliance with Transfer Pricing Rules: Specific provisions addressing transfer pricing compliance if relevant to the underlying transaction
1. Schedule A - Covered Taxes: Detailed list of specific taxes covered by the indemnification
2. Schedule B - Excluded Taxes: List of taxes specifically excluded from the indemnification scope
3. Schedule C - Pre-Existing Tax Matters: List of known tax issues or ongoing proceedings as of the agreement date
4. Appendix 1 - Notice Requirements: Detailed procedures and requirements for tax-related notices
5. Appendix 2 - Claim Processing Procedures: Step-by-step procedures for processing and handling tax claims
6. Appendix 3 - Required Documentation: List of required supporting documentation for tax claims and payments
Authors
Financial Services
Manufacturing
Real Estate
Technology
Energy
Mining
Retail
Healthcare
Transportation
Construction
Agriculture
Telecommunications
Professional Services
Education
Tourism
Legal
Finance
Tax
Compliance
Treasury
Corporate Secretarial
Risk Management
Accounting
Corporate Development
Mergers & Acquisitions
Chief Financial Officer
Tax Director
Corporate Lawyer
Finance Manager
Tax Manager
Compliance Officer
Legal Counsel
Financial Controller
Corporate Secretary
Risk Manager
Treasury Manager
Accounting Manager
Tax Consultant
Corporate Finance Director
Mergers & Acquisitions Director
Find the exact document you need
Compromise Agreement Tax
A Philippine law-governed agreement between a taxpayer and the Bureau of Internal Revenue (BIR) for settling tax liabilities through a compromise payment arrangement.
Transfer Pricing Agreement
A legal agreement governing transfer pricing arrangements between related entities in the Philippines, ensuring compliance with local regulations and international standards.
Bilateral Advance Pricing Agreement
A binding agreement under Philippine law between a taxpayer and two tax authorities establishing agreed transfer pricing methodologies for cross-border intercompany transactions.
Tax Installment Agreement
A formal agreement between a taxpayer and the Philippine Bureau of Internal Revenue (BIR) establishing terms for paying tax liabilities through scheduled installments under Philippine law.
Tax Abatement Agreement
A Philippine legal agreement between government authorities and private entities establishing tax incentives and relief measures under Philippine tax laws.
Voluntary Withholding Agreement
A Philippine law-compliant agreement establishing voluntary tax withholding arrangements between a withholding agent and payee.
Advance Price Agreement
A formal agreement between a taxpayer and the Philippine Bureau of Internal Revenue (BIR) establishing approved transfer pricing methodologies for related-party transactions.
Fuel Tax Agreement
A binding agreement establishing fuel tax compliance and payment procedures under Philippine tax law.
Tax Indemnification Agreement
A Philippine law-governed agreement establishing tax indemnification obligations between parties, outlining tax liability coverage and claim procedures under Philippine tax regulations.
Tax Sharing Agreement
A Philippine law-governed agreement establishing tax revenue sharing arrangements between government entities, aligned with the Local Government Code and national tax regulations.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.