This share repurchase can be treated for tax purposes as being subject to capital-gains tax or dividend-income tax. If you do decide to go ahead with a share repurchase and can get clearance for the capital-gains-tax treatment, you may need to complete the transaction before the end of the tax year in order to be sure of the most favourable tax rates. Questions should be sent to Business Doctor, The Sunday Times, 1 Pennington Street, London E98 1ST, or faxed to 020 7782 5765. Contact our advertising team for advertising and sponsorship in Times Online, The Times and The Sunday Times. To inquire about a licence to reproduce material from Times Online, The Times or The Sunday Times, click here . News International Limited, 1 Virginia St, London E98 1XY, is the holding company for the News International group and is registered in England No 81701. read more

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