Share Buybacks - The Tax Issues Explained

Introduction

If you are advising a company implementing a share buyback, you will need to consider a number of tax issues. These may be tax charges arising on the distribution, capital treatment on purchase of own shares, transactions insecurities, stamp duty, inheritance tax for example.

This virtual classroom session will focus solely on the tax treatment of share buybacks.

What You Will Learn

This live and interactive session will cover the following:

• Taxed as a distribution on a purchase of own shares:
• Sale by company
• Sale by individual
• Capital loss
• When would you want to be taxed as a distribution?
• Obtaining capital treatment on purchase of own shares
• Qualifying shares
• Vendor’s conditions
• Buyer’s conditions
• Other conditions
• Paying for shares on deferred terms
• Transactions in securities
• Compliance issues
• Stamp duty
• Issues around valuation
• Employment-related securities
• Inheritance tax
• Alternatives to a purchase of own shares

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.