Corporation Tax
Loan notes and qualifying corporate bonds (QCBs) and non-QCBs
On the disposal of the shares in a company, a seller may receive loan stock in the acquiring company as consideration or part consideration for the sale. For tax purposes, loan notes are either qualifying corporate bonds (QCBs) or non-QCBs (NQCBs). The expression ‘corporate bond’ is a general
23 Mar 2022 11:05
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