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Reform of Employee Securities Taxation: part 2

In the second of a two-part article, Nigel Doran, partner, and Dan Pipe, assistant solicitor, in the corporate tax group at Macfarlanes, continue their review of the reform of employee securities in the Finance Act 2003

 
In the second of a two-part article Nigel Doran partner and Dan Pipe assistant solicitor in the corporate tax group at Macfarlanes continue their review of the reform of employee securities in the Finance Act 2003
 
In Part 1 we discussed the restricted securities regime. In this part we consider the convertible securities regime and the rules for securities with artificially depressed and enhanced market values.

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