[CG11890] CG11890 – Shares and securities: particular types of transaction
Chapter 9, CG57800+, deals with particular types of transaction.
•CAPITAL DISTRIBUTIONS. These are distributions which are not charged to Income Tax and are treated as disposals for Capital Gains Tax purposes. You are most likely to see them in a liquidation or a rights issue if the shareholder sells his or her right to take up the shares.
•DEFERRED CONSIDERATION. The main instructions on deferred consideration are at CG14850+. This section deals with transactions in which an agreement to sell shares or securities includes the right to receive a later payment which may be satisfied by an issue of shares and securities.