Services

Tax Covenants and Tax Warranties

We draft and negotiate the tax covenant and tax warranties on over 100 corporate transactions every year and we are very familiar with all of the issues which may arise. Clients benefit from this wealth of experience which helps to ensure a smooth and cost efficient transaction.

Key services include:-

• we work with buyers to ensure that the tax covenant covers all known and unknown pre-completion tax liabilities;
• we advise sellers on the seller protections which should be included in the tax covenant;
• when acting for sellers we work with the target company’s accountants to draft any disclosures which may be required;
• we work with the corporate lawyers to ensure the tax documentation dovetails with the sale and purchase agreement.

Services