Mergers And Acquisitions In The Oil And Gas Industry

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In certain cases, an settlement may not be subject to stamp tax the place it is not executed in written kind. Nevertheless, this exception is solely for share transfer agreements; due to this fact, shareholders' agreements and share subscription agreements could be topic to stamp tax. Acquisition agreements that profit from the exceptions underneath the Corporate Tax Law aren't topic to stamp tax. Likewise, the share switch agreements of joint inventory and restricted legal responsibility companies could also be exempt from stamp tax.

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