Company Acquisition of Own Shares
The law relating to the acquisition by a company of its own shares has always been a highly complex area. This book provides full details of the procedures to be followed, what the tax implications are, and how tax savings and other benefits can be achieved. It also includes various precedents for contracts, directors reports, company resolutions and letters of application. The book takes full account of important developments in the UK such as Companies (Acquisition of Own Shares) (Treasury Shares) Regulations 2003 (SI 2003/1116) and Companies (Acquisition of Own Shares) (Treasury Shares) No 2 Regulations 2003 (SI 2003/3031). These regulations came into force on December 1, 2003, relaxing the rules for certain types of companies when purchasing their own shares. The introduction of these regulations has necessitated numerous technical changes to company law. This highly regarded book is written by an acknowledged expert in the field. It is the only work specific to the subject and d
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