Sermaye Piyasaları
Uygunluk Paylari (Qualifying Shares)
İngilizce: qualifying shares
Türkçe Tanım
Bir kisiye belirli bir hak, statu ya da avantaj kazandiran asgari pay miktaridir; yonetim kurulu uyeligi icin gereken yeterlilik paylariyla yakindan iliskilidir, ancak kapsami oy hakki esiklerini ve vergi tesvikine hak kazandiran hisse dilimlerini de icerir. Paylarin qualifying sayilmasi cogu zaman sadece adede degil elde tutma suresine de baglidir; nitekim bazi vergi rejimleri hisselerin asgari bir sure elde tutulmasini sart kosar ve proje ortakliklarinda erken cikis planlayan bir sponsor, bu sure sartini ihlal ederek beklenen vergi avantajini kaybedebilir.
English Definition
A minimum shareholding that confers on a person a particular right, status or advantage; it is closely related to the qualification shares required for board membership, but its scope also covers voting thresholds and share tranches that unlock a tax incentive. Whether shares qualify frequently depends not only on quantity but on holding period, since some tax regimes require a minimum retention term. A sponsor planning an early exit from a project company can breach that holding condition and forfeit the anticipated tax advantage.