Sentences with phrase «beneficial owner of a corporation»

One way to do that would be to tax dividends received by shareholders (the beneficial owners of a corporation) as income and to tax liquidation or redemption of stock proceeds as de facto sales of the stock equivalent to a third party sale of stock by the shareholder.

Corporate taxes prevent the deferral of taxation on corporate profits until they are actually realized by the beneficial owners of the corporation.

Not exact matches

A subsidiary of Depository Trust & Clearing Corporation involved in processing securities trades and maintaining positions in traded securities on behalf of beneficial owners.

This can be beneficial in situations where the owner (s) of the corporation do not want to liquidate the assets themselves.

An «interested stockholder» means the beneficial owner of 10 percent or more of the voting shares of a resident domestic corporation, or an affiliate or associate thereof.

Rebecca Wales Qualified: 2005 Made partner: 2016 Key cases: Acting for State Corporation Deposit Insurance Agency, the liquidators of JSC Mezhdunarodniy Promyshlenniy Bank, to bring claims and obtain a worldwide freezing order against Sergei Pugachev, the bank's former ultimate beneficial owner, freezing # 1.17 bn of his assets.

(2) A registered holder or beneficial owner of shares of a corporation is entitled upon request and without charge to one copy of the articles and by - laws and of any unanimous shareholder agreement.

The indictment described Vinnik as the owner and operator of multiple BTC - e accounts, including administrator accounts, and also a primary beneficial owner of BTC - e's managing shell company, Canton Business Corporation.