Jonathan Cooklin tax partner and Laurent Sykes tax associate Freshfields Bruckhaus Deringer both solicitors and chartered accountants discuss recent changes to the taxation of convertibles
In a previous article (see The Tax Journal 14 March 2005 Issue 780) we provided a basic introduction to the accounting and tax treatments that would apply to an issuer of convertible bonds issuing such bonds in a period beginning on or after 1 January 2005 and accounting for them under international accounting standards1 (IAS).
This article which draws heavily on our first article concludes the general overview of recent changes to the accounting and tax treatment of convertibles by turning to the position of a corporate holder of such bonds also accounting for them under IAS.2
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Jonathan Cooklin tax partner and Laurent Sykes tax associate Freshfields Bruckhaus Deringer both solicitors and chartered accountants discuss recent changes to the taxation of convertibles
In a previous article (see The Tax Journal 14 March 2005 Issue 780) we provided a basic introduction to the accounting and tax treatments that would apply to an issuer of convertible bonds issuing such bonds in a period beginning on or after 1 January 2005 and accounting for them under international accounting standards1 (IAS).
This article which draws heavily on our first article concludes the general overview of recent changes to the accounting and tax treatment of convertibles by turning to the position of a corporate holder of such bonds also accounting for them under IAS.2
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:
