A new creed for the tax deed: the impact of market trends | Practical Law
At one time, the negotiation of the tax deed was a relatively formal process, with each party relying heavily on its own precedent. However, the comfort afforded to advisers by the use of their own standard form has become increasingly outweighed by the need for the tax protections to be commercially relevant to the deal; particularly in sector-specific or multi-jurisdictional cross-border transactions.