Dominic Stuttaford

Nov 16, 2023 | mondaq.com | Dominic Stuttaford |Ruth Cowley |Andrew Judkins

Tax warranties and indemnities in M&A transactions are intended to allocate the risk of unforeseen pre-completion tax liabilities between the buyer and seller. Typically, the buyer will have rights, subject to certain exceptions, to recover amounts in respect of pre-completion tax liabilities that were not provided for in the accounts relevant to the sale price.