Capital market and POEM: Difference between pages

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Capital markets trade longer-term financial instruments (usually with a life of more than one year) and equity.
''Tax''


Place of Effective Management.


Primary capital markets are concerned with the initial raising of capital.
The place where effective management and control of a taxable corporate body is carried on, for the purposes of the OECD model tax convention.
 
Secondary markets allow the original investors to sell on their investments to others.
 
 
Yields on instruments with maturities of more than one year are commonly quoted on an effective annual rate basis.
 
(An exception to this being bonds with semi-annual interest payments, which are more commonly quoted on a semi-annual basis.)




== See also ==
== See also ==
* [[Capital employed]]
* [[Organisation for Economic Co-operation and Development]]
* [[DCM]]
* [[Permanent establishment]]
* [[Disintermediation]]
* [[Effective annual rate]]
* [[Euromarket]]
* [[Foreign bond]]
* [[International capital market]]
* [[Market]]
* [[Money market]]
* [[Primary market]]
* [[Secondary market]]
* [[Semi-annual basis]]


[[Category:Long_term_funding]]
[[Category:Taxation]]

Revision as of 11:00, 17 December 2013

Tax

Place of Effective Management.

The place where effective management and control of a taxable corporate body is carried on, for the purposes of the OECD model tax convention.


See also