May 3, 2018 / 6:54 AM / 3 months ago

BRIEF-Aveva Group Updates On UK Tax Treatment Of Return Of Value

May 3 (Reuters) - AVEVA Group PLC:

* UPDATE ON UK TAX TREATMENT OF RETURN OF VALUE

* RECEIVED CONFIRMATION FROM HMRC THAT RETURN OF VALUE WILL NOT BE TREATED AS DISTRIBUTION AND THEREFORE WILL NOT BE TAXED AS INCOME IN HANDS OF RECIPIENTS FOR TAX PURPOSES

* DOES NOT INTEND TO HAVE FURTHER DISCUSSIONS WITH HMRC ON THIS MATTER Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below