SAIM3000 - Deeply discounted securities: overview and contents

Overview

This section of the Savings and Investment Manual explains the tax treatment of ‘deeply discounted securities’ - these are securities on which the difference between the issue price and the redemption price provides an interest-like return.

Contents

1. SAIM3010

   Introduction
2. SAIM3020

   Meaning of deeply discounted security
3. SAIM3030

   Occasions when redemption is ignored
4. SAIM3040

   Securities which are not deeply discounted securities
5. SAIM3050

   Excluded indexed securities
6. SAIM3055

   Excluded indexed securities: chargeable assets
7. SAIM3060

   Securities issued in separate tranches
8. SAIM3070

   Taxation: profit on disposal
9. SAIM3080

   Taxation: losses
10. SAIM3090

    Taxation: market value rules
11. SAIM3100

    Taxation: 'earn-out' rights
12. SAIM3110

    Taxation: death
13. SAIM3120

    Taxation: trustees
14. SAIM3130

    Strips of government securities
15. SAIM3140

    Strips of government securities: losses
16. SAIM3150

    Corporate strips
17. SAIM3160

    Corporate strips: taxation