Results for tag "Cash cancellation"

Minutes of a meeting with the Inland Revenue on 11 November 1998

Minutes of a meeting with the Inland Revenue on 11 November 1998. Considers the following: clawback of tax relief under QUESTs; cash cancellation payments by QUEST trustees; capital gains tax for QUEST trustees on disposal of shares and application of D35 to QUESTs; the period within which money received by QUEST trustees must be spent; […]

http://shareplanlawyers.org/knowhow-archive/8/

Note of a meeting with the Inland Revenue on 22 February 2000

Note of a meeting with the Inland Revenue on 22 February 2000. Considers: Status of approval of letters to optionholders on takeover etc; Option rollover – section 136 ICTA 1988 Definition of “scheme shares” – US limited liability companies and American Depositary Receipts; Meaning of “ordinary shares” – section 832 ICTA 1988 – shares with […]

http://shareplanlawyers.org/knowhow-archive/8/

Minutes of a meeting with the Inland Revenue on 5 December 2002

Minutes of a meeting with the Inland Revenue on 5 December 2002. Considers:   how the surrender of options will affect individual limits under EMI schemes; when a change to a company’s articles of association will be considered a change to a key feature of a SIP; restrictions on the types of shares which can […]

http://shareplanlawyers.org/knowhow-archive/8/

Minutes of a meeting with the Inland Revenue on 2 December 2003

Minutes of a meeting with the Inland Revenue on 2 December 2003 regarding the following: Schedule 22 – Finance Act 2003: time of acquisition of shares; earn-outs; matching share award plans; meaning of “securities option”; and BVCA/IR joint memorandum on managers’ equity. Schedule 23 – Finance Act 2003 – Relief where relevant shares in consortium […]

http://shareplanlawyers.org/knowhow-archive/8/

Mintues of a mini meeting with the Inland Revenue on 21 April 2004

Mintues of a mini meeting with the Inland Revenue on 21 April 2004 regarding: New reporting requirements; Inland Revenue source material – out-of-date material on Inland Revenue website; when certain gains realised by the exercise of a replacement share option where the original option was obtained before 6 April 1999 can be disregarded under Paragraph […]

http://shareplanlawyers.org/knowhow-archive/8/

QUESTs and takeovers

Note on the treatment of Qualifying Employee Share Trusts (QUESTs) on a takeover or other change of control including consideration of: clawback of the the corporation tax deduction; cash cancellation Sharesave options; capital gains tax for the trustee on the transfer of shares to a sharesave optionholder within three years of grant.

http://shareplanlawyers.org/knowhow-archive/19/

Minutes of the annual Technical Meeting of the Share Plan Lawyers with HMRC on 12 November 1992

Minutes of a technical meeting with the Inland Revenue on 12 November 1992 regarding: the operation of PAYE on cash cancellation payments on a takeover in the light of Booth v Mirror Group Newspapers plc [1992] STC 615; Inland Revenue policy regarding the approved status of a scheme where arrangements approved by the Inland Revenue […]

http://shareplanlawyers.org/knowhow-archive/8/

Minutes of meeting between HMRC and the Share Plans Lawyers on 17 January 1991

Note of meeting with Inland Revenue Inspectors (Peter Stokes, Martin Fletcher and Linda Grant) on 17 January 1991 together with follow-up correspondence from the Inland Revenue (2 letters) dated 6 February 1991. At the meeting the following matters were considered: Approved CSOP:alteration of the conditions for exercise of options after the date of grant; effect […]

http://shareplanlawyers.org/knowhow-archive/8/

Corporate Tax Aspects of Share Plans

Freshfields Bruckhaus Deringer, 65 Fleet Street, London, EC4Y 1HS

http://shareplanlawyers.org/training-archive/2012/

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