Tax Matters Agreement
type: Class
subclass of: R8uUwQ5jjK4J6dt0P4Hg7PW
definition: A Tax Matters Agreement delineates the rights, responsibilities, and obligations of parties in relation to tax matters, particularly when companies undergo a separation or spin-off. It specifies how the entities will address shared tax liabilities, benefits, and the management of tax-related procedures post-separation.