Gross up: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT CFF exam April 2015.) |
imported>Doug Williamson (Classify page.) |
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== See also == | == See also == | ||
*[[Gross]] | |||
* [[Increased costs clause]] | * [[Increased costs clause]] | ||
* [[Withholding tax]] | * [[Withholding tax]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Investment]] | |||
[[Category:Long_term_funding]] | |||
Latest revision as of 15:23, 1 July 2022
In loan documentation, a clause with the effect that if a lender suffers a cost in relation to a tax, for example withholding tax, the borrower should indemnify the lender by increasing the related payments to the lender to a grossed up amount.
