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  • Tax treatment of US share split

    I hold shares in a US company. The shares in that company went through a share split which did not affect the total value of my share holding in that company. Am I correct that such share splits with no change in total value are (a) not liable to Capital Gains Tax, (b) not liable to Income Tax? According to: https://www.gov.uk/guidance/capital-gains-tax-share-reorganisation-takeover-or-merger then a share reorganisation which replaces shares by those of equivalent value is not treated as if you’ve sold or disposed of them for Capital Gains Tax purposes. However the article does not comment on Income Tax and does not mention if there is any different treatment of CGT or Income Tax for foreign share holdings.