CTM17580 | Distributions: purchase of own shares: return of payment
From HM Revenue & Customs · Company Taxation Manual
If a company undertakes a purchase of its own shares that it believes falls within , it must make a return of the transaction to HMRC ().
This return must:
be made within 60 days of the payment,
give particulars of the payment, and
explain why the company believes that applies to the payment so as to exempt it from treatment as a distribution.
The company must make such a return even if the Commissioners have confirmed that will apply to the payment.
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)