Clawback: Difference between revisions
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1. | 1. ''Corporate finance''. | ||
''Corporate finance''. | |||
In certain placings, the right of existing shareholders to buy the shares being placed. | In certain placings, the right of existing shareholders to buy the shares being placed. | ||
| Line 8: | Line 6: | ||
2. | 2. ''Tax.'' | ||
''Tax.'' | |||
The reversal of all or part of a tax credit or relief given previously. | The reversal of all or part of a tax credit or relief given previously. | ||
3. | 3. ''Repayment.'' | ||
The repayment or reversal of all or part of any amount paid or credited previously. | The repayment or reversal of all or part of any amount paid or credited previously. | ||
| Line 22: | Line 18: | ||
== See also == | == See also == | ||
* [[Placing]] | * [[Placing]] | ||
* [[Tax credit]] | |||
* [[Tax relief]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 14:38, 25 March 2021
1. Corporate finance.
In certain placings, the right of existing shareholders to buy the shares being placed.
Clawback entitlements apply to large placings or to placings priced at a significant discount, and have the effect of enabling existing shareholders to preserve their interest and proportionate control in the company making the placing.
2. Tax.
The reversal of all or part of a tax credit or relief given previously.
3. Repayment.
The repayment or reversal of all or part of any amount paid or credited previously.
