Tax Indemnity Agreement Template for Saudi Arabia

1. Change in Law Provisions: Provisions addressing changes in tax laws or regulations that might affect the indemnity obligations

2. Cross-Border Tax Provisions: Additional provisions for transactions involving multiple jurisdictions or international tax implications

3. Zakat-Specific Provisions: Specific provisions related to Zakat obligations for Saudi/GCC entities

4. Tax Insurance: Provisions relating to any tax liability insurance arrangements

5. VAT-Specific Provisions: Detailed provisions specifically addressing VAT indemnification if relevant

6. Security Provisions: Requirements for security or collateral to support indemnity obligations

7. Third Party Rights: Provisions addressing rights of third parties affected by tax liabilities

8. Survival Provisions: Specific provisions about which obligations survive termination of the agreement

1. Schedule 1 - Covered Tax Matters: Detailed list of specific tax matters and liabilities covered by the indemnity

2. Schedule 2 - Corporate Information: Relevant corporate and tax registration details of the parties

3. Schedule 3 - Calculation Methodology: Agreed methodology for calculating tax liabilities and indemnity amounts

4. Schedule 4 - Claims Procedures: Detailed procedures and forms for making indemnity claims

5. Schedule 5 - Excluded Matters: Specific exclusions from the scope of the indemnity

6. Appendix A - Form of Notice: Template for notices required under the agreement

7. Appendix B - Contact Details: List of relevant contact persons and details for tax and administrative matters