Leptokurtic frequency distribution and Stamp duty land tax: Difference between pages

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A leptokurtic frequency distribution (or leptokurtotic distribution) has a larger number of values clustered at the peak and in the tails, than a comparable normal distribution with the same variance and mean.
(SDLT).  


A possible explanation for this shape is that the market under review is mean reverting for small market movements (explaining the clustering at the peak) and trending for large market movements (explaining the clustering in the tails).
''UK tax.''
 
Duty payable in England and Northern Ireland on the purchase or transfer of a chargeable interest in land or property.
 
In Scotland, the equivalent tax is Land and Buildings Transaction Tax.
 
In Wales, the equivalent tax is Land Transaction Tax.
 
 
Often known colloquially as 'stamp duty'.




== See also ==
== See also ==
* [[Frequency distribution]]
* [[Duty]]
* [[Leptokurtosis]]
* [[Stamp duty]]
* [[Lognormal frequency distribution]]
* [[Stamp duty reserve tax]]
* [[Mean reversion]]
* [[Normal frequency distribution]]
* [[Tail]]
* [[Trend analysis]]
* [[Volatility smile]]


[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 10:31, 9 November 2018

(SDLT).

UK tax.

Duty payable in England and Northern Ireland on the purchase or transfer of a chargeable interest in land or property.

In Scotland, the equivalent tax is Land and Buildings Transaction Tax.

In Wales, the equivalent tax is Land Transaction Tax.


Often known colloquially as 'stamp duty'.


See also