Income tax, Schedule E – Public flotation of company – Offer for sale of shares by tender – Right of employee to take up shares at minimum price rather than ‘striking’ price – Whether advantage an emolument – Value of advantage.
[1979] IRLR 121, 52 TC 533, [1979] STC 34, [1979] 1 WLR 113, [1978] TR 443, [1979] 1 All ER 321, [1978] UKHL TC – 52 – 533
Bailii
England and Wales
Income Tax
Updated: 10 January 2022; Ref: scu.559763