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This book provides the practitioner with a comprehensive analysis of the law relating to own share acquisition – both the company law and the tax law. It outlines the procedures that need to be followed, what the tax implications are, and how tax savings and other benefits can be achieved. It also includes precedents for the main types of transaction, which the practitioner may require to implement.
This new edition fully updates the work to take into account tax changes, case-law and reforms relating to shareholder approval and the source of payment of the purchase price.
This is a very technical area of the law highly governed by regulation which requires a high level of expertise. This edition provides good insight into this subject: