{"iri":"https://folio.openlegalstandard.org/R9kuXMvqzY34vaeAdTSaPxW","label":"Taxes Representation","sub_class_of":["https://folio.openlegalstandard.org/R9rCNhUCohkUGbQyd1C3uzz"],"parent_class_of":[],"is_defined_by":null,"see_also":["https://folio.openlegalstandard.org/RDGdgxwCGXpkY1zfT2WwGl9"],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":[],"translations":{},"hidden_label":null,"definition":"Taxes Representation is a provision in merger and acquisition agreements where the selling party attests to the accuracy and completeness of the target entity's tax returns, payments, and compliance with all applicable tax laws and regulations. It serves to assure the buyer that the target company has no undisclosed tax liabilities or issues, and that all tax obligations up to the date of the agreement have been appropriately addressed.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}