Bonus Share Plan Distribution Notification

From Open Risk Manual

Definition

Bonus Share Plan Distribution Notification. Notification of issue of shares from the Share Premium Reserve of the company.

These are are considered as a capital distribution rather than a disbursement of income, with different tax implications. Typically found in Australia. SWIFT full text: "Typically found in Australia, shares are issued from the Share Premium Reserve of the company and are considered as a capital distribution rather than a disbursement of income, with different tax implications."

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This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

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