Commentary

49 Tax charge on post-acquisition chargeable events

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

49 Tax charge on post-acquisition chargeable events

| Commentary

49 Tax charge on post-acquisition chargeable events

Perhaps more significantly, there is a tax charge on any one of the following post-acquisition chargeable events1:

  1. 49.1

        the employment-related securities ceasing to be restricted securities, or a restricted interest in securities, in circumstances in which an associated person is beneficially entitled to the employment-related securities after the event;

  2. 49.2

        the variation of any restriction relating to the employment-related securities in such circumstances (without the employment-related securities ceasing to be restricted securities or a restricted interest in securities)2; and

  3. 49.3

        the disposal for consideration of the employment-related securities, or any interest in them,

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