Continuing our series on legal and other concepts aimed at those working in tax Malcolm Hurley Tite & Lewis discusses dividends
Even in tough economic times shareholders expect a return from their investment and institutional shareholders in particular can put pressure on companies to deliver on such expectations. Directors are faced with a dilemma between maintaining sufficient reserves while retaining the support of shareholders.
Companies can deliver a return to shareholders in a number of ways including a buy-back of shares or a court-approved reduction of capital but the most common method of returning value to shareholders is by dividends.
This article takes a look at the procedure that companies must follow in making dividend payments some of the issues...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Continuing our series on legal and other concepts aimed at those working in tax Malcolm Hurley Tite & Lewis discusses dividends
Even in tough economic times shareholders expect a return from their investment and institutional shareholders in particular can put pressure on companies to deliver on such expectations. Directors are faced with a dilemma between maintaining sufficient reserves while retaining the support of shareholders.
Companies can deliver a return to shareholders in a number of ways including a buy-back of shares or a court-approved reduction of capital but the most common method of returning value to shareholders is by dividends.
This article takes a look at the procedure that companies must follow in making dividend payments some of the issues...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: