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Tax indemnities in international M&A: when does tax become payable?

19/07/2018

In Minera Las Bambas SA & Anor v Glencore Queensland Ltd & Ors [2018] EWHC 1658 (Comm), the Commercial Court decided that VAT was not “payable” for the purposes of a tax indemnity in a share purchase agreement and related deed of indemnity until it became...

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Authors

Portrait ofPhilip Reid
Philip Reid
Partner
London
Portrait ofPhillip Ashley
Phillip Ashley
Partner
London
Portrait ofAaron Fairhurst
Aaron Fairhurst
Partner
London
Portrait ofSarah Grenfell
Sarah Grenfell
Partner
London
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