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If a shareholder retains the bonus shares and then sells them at a later date are there any tax consequences?

April 26, 2017Bonus consequences later retains sells shareholder Shares tax

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If a shareholder retains the bonus shares and then sells them at a later date are there any tax consequences?

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This will depend on specific circumstances and shareholders are advised to seek their own independent tax advice. Generally, unless you are considered a share trader the proceeds from the sale of the bonus shares some time in the future will not be subject to tax.