Effective tax rate and Premium Listing: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Edited as per Glossary for Wiki alignment)
 
imported>Doug Williamson
(Create page. Source: Premium listing page.)
 
Line 1: Line 1:
(ETR). An accounting measure, calculated by dividing the net tax charge reported in the income statement by the related profit before taxThe effective tax rate will usually differ from the standard corporate rate of tax.
''London Stock Exchange''
 
A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.  
 
Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules which are higher than the EU minimum requirements.   
 
A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance – and as a consequence may enjoy a lower cost of capital through greater transparency and through building investor confidence.


The quantified explanation of the differences between the effective tax rate and the standard corporate rate of tax is known as a tax reconciliation statement. (Often abbreviated to 'tax rec'.)


== See also ==
== See also ==
* [[FRS 19]]
* [[Cost of capital]]
* [[Income statement]]
* [[Equity]]
* [[Profit before interest and tax]]
* [[London Stock Exchange]]
* [[Tax reconciliation]]
* [[Listing particulars]]
* [[Standard Listing]]
* [[UK Corporate Governance Code]]

Revision as of 10:09, 9 September 2017

London Stock Exchange

A Premium Listing on the London Stock Exchange is only available to equity shares issued by trading companies and closed and open-ended investment entities.

Issuers with a Premium Listing are required to meet the UK’s super-equivalent rules which are higher than the EU minimum requirements.

A Premium Listing means the company is expected to meet the UK’s highest standards of regulation and corporate governance – and as a consequence may enjoy a lower cost of capital through greater transparency and through building investor confidence.


See also