Taxation implications of companies purchasing their own shares
RIS ID
68511
Abstract
This note examines the effect of share repurchase, as a method of cash disbursement, on the value of the firm. With the growing interest in share repurchases we adapt earlier work, produced in the USA, to the context of the UK imputation system of corporation tax.
Publication Details
Cooke, T. E. & Glynn, J. J. (1983). Taxation implications of companies purchasing their own shares. Accounting and Business Research, 13 (51), 177-180.