With Clarks’ business under significant pressure, private equity firm LionRock Capital is giving the brand a lifeline. Shareholders should be aware of corporate shareholder benefits and subsection 15(1) of the Income Tax Act (ITA). When the CRA audits a private corporation, it uses subsection 15(1) to ensure transactions are properly recorded. Upcoming Important Dates Feb. 1: IRS 1099 Forms mail to Shareholders Mar. Like the iconic Clarks Desert Boot. Advertisement 22: Resource Revenue Address Change Deadline Mar. If you require information about the Clarks Flexible Savings Plan which has been the pension plan for employees in Clarks since 1 st August 2018, you can access details at … 12: CST Elders Distribution Mar. 31: 1st Quarter Distribution […] The Share Centre apply for this benefit for qualifying shareholders that hold shares on the qualifying date which changes every year in line with the production of the Annual Report, but is normally around early December. Matters came to a head in 1993 when Berisford International, a properties and commodities group, made an offer for Clarks and the board recommended that shareholders accept. The partnership will also enable Clarks to benefit from the experience that LionRock Capital brings to grow the Clarks brand globally and most notably in China and across the rest of the Asia Pacific area. 8: Resource Revenue Direct Deposit Deadline Mar. The LionRock investment in Clarks will be subject to shareholder approval, and shareholders will be asked to vote on the proposed transaction in December. 8: 1st Quarter Direct Deposit Deadline Mar. The partnership will also enable Clarks to benefit from the expertise that LionRock Capital brings to grow the Clarks brand globally and, most notably, in China and across the rest of Asia Pacific. 29: Seward’s Day; CIRI Closed Mar. Clarks' pension scheme is well-funded, although it has a deficit of nearly £200m on a full buyout basis, which refers to the cost of insuring members' future benefits in full. 22: 1st Quarter Address Change Deadline Mar. In our archive of more than 22,000 Clarks styles are shoes that have sparked a revolution, defined a generation and captured the imagination. All shareholders of Mitchells & Butlers receive one shareholder discount voucher booklet, containing 12 vouchers. Designed by Nathan Clark, launched in 1950, its appeal endures to this day. Clarks is a global business operating in many different countries across the globe and our tax team ensures we comply with all national tax and import / export duty rules in each country whilst advising the business to ensure we operate tax- efficiently. If you can't find what you are looking for or have any questions then please contact us..