Page 11 - P6 Slide Taxation - Lecture Day 4
P. 11
WHAT IS CONTRIBUTED TAX CAPITAL
Shares issued by co. That became resident on/after 1 jan 2011:
MV of specific class of shares on day before co became a resident Before
resident
Consideration received by co for the issue of shares
Contributed tax capital transferred to any person holding a share in After
that specific class of shares and has by the date of transfer been resident
determined by the directors to be an amount so transferred (or by a
person or body with comparable authority)
