Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Tax Indemnification Agreement
1. Parties: Identification of the indemnifier and indemnitee, including full legal names and registration details
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 Liability', 'Indemnified Taxes', and other relevant terms
4. Scope of Indemnification: Detailed description of the tax liabilities covered by the indemnification
5. Indemnification Obligations: Core provisions detailing the indemnifier's obligations, including timing and method of payment
6. Tax Assessment and Notices: Procedures for handling tax assessments and notices from tax authorities
7. Payment Mechanics: Specific procedures for making indemnification payments, including currency and timing
8. Claims Procedure: Process for making and responding to indemnification claims
9. Dispute Resolution: Procedures for resolving disputes related to tax indemnification claims
10. Term and Survival: Duration of the agreement and which provisions survive termination
11. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes
1. Cross-Border Provisions: Additional provisions for handling international tax implications and multiple jurisdictions
2. Tax Gross-Up: Provisions ensuring that indemnification payments are made on an after-tax basis
3. Tax Returns and Documentation: Specific requirements for handling and sharing tax returns and supporting documentation
4. Third Party Claims: Procedures for handling tax claims involving third parties
5. Security Provisions: Requirements for security or collateral to secure indemnification obligations
6. Tax Insurance: Provisions relating to tax liability insurance if applicable
7. Change in Law: Provisions addressing changes in tax laws or regulations affecting the indemnification obligations
1. Schedule 1 - Specific Indemnified Taxes: Detailed list of specific tax liabilities covered by the indemnification
2. Schedule 2 - Calculation Methodology: Methodology for calculating indemnification amounts, including any adjustments or special considerations
3. Schedule 3 - Claims Process Flowchart: Visual representation of the claims procedure and timeline
4. Schedule 4 - Contact Details: List of key contacts and their roles for tax notices and claims
5. Appendix A - Form of Tax Claim Notice: Standard template for making tax indemnification claims
6. Appendix B - Supporting Documentation Requirements: List of required documentation for various types of tax claims
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s 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 £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.