deed of covenant

A deed to do something, such as a document providing for periodic payments by one party to another (usu. a charity) for tax-saving purposes.

• The transferor can deduct taxes from the payment and, in some cases, the recipient can reclaim the deducted tax.


专业法律词汇 词条贡献者
译员Terris,毕业于国内一流的高级翻译学院,擅长翻译有关文旅和酒店领域的法律文件。
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