Qualifying share

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Qualifying share

Shares of common stock that a person must hold in order to qualify as a director of the issuing corporation.

Qualifying Share

A common share one must own in order to become eligible for the company's board of directors. It is important to note that qualifying shares are not, in themselves, different from other common shares.
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Contract notice: Map 500 000 Additional Training - Qualifying Shares - Regional Training Program Aquitaine Limousin Poitou-Charentes
These 14 shares are mere qualifying shares in the bank.
Specifically, for a shareholder selling qualifying shares of a C corporation to an ESOP, Sec.
More than 1,000 companies trading on AIM qualify for Business Property Relief, meaning investors qualify for full relief from IHT once these qualifying shares have been held for two years, as long as they remain invested at the date of death.
Paul reports that most UK companies listed on the Alternative Investment Market (AIM) qualify for BPR, and an investment in these companies would be exempt from inheritance tax after two years as long as the shares were still qualifying shares for the purpose of BPR and continued to be held at the date of death.
The firm's current fundraising round is expected to raise PS5m from EIS qualifying shares and offers investment terms identical to a parallel PS5m share offer to the wider professional investment community.
Subject to certain conditions, such deferred matching shares will be issued to the participating officers and directors over a three year period following the date of the purchase of the qualifying shares.
This is a hugely valuable relief which exempts qualifying shares from inheritance tax.
The holders of the 'special share' failed to hold the qualifying shares and so were disqualified from appointing or removing directors, who became almost irremovable as there was no provision coveting this.
Second, profits from the sale of qualifying shares held for two years or more incurs only ten per cent capital gains tax.
The Government has announced changes in the tax provisions for qualifying shares in closely held companies, or the so-called "3:12 Rules," for the purpose of making these more favourable to business.
all or substantially all of the fair market value of the tracked property is not qualifying shares of a foreign affiliate of the taxpayer in which the taxpayer has a minimum 10-percent interest by votes and value, and