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A tax sharing agreement (TSA) is a contract created to clarify the economic expectations among members of a related group of corporations included in consolidated or combined reporting tax returns.
Similar to asset purchase agreements in sale transactions, the separation and distribution agreement identifies assets to be transferred, liabilities to be assumed, and contracts to be assigned to each of the spin-off company and the parent in implementing their separation, and sets forth when and how these transfers, ...
A distribution agreement is a legal contract between your company and distributors, defining the guidelines to market and sell your products. A distribution agreement grants a distributor the rights to market and sell your company products.
Separation agreement. n. an agreement between two married people who have agreed to live apart for an unspecified period of time, perhaps forever.