Point and Stamp duty land tax: Difference between pages

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imported>Doug Williamson
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1.
(SDLT).  
A minimum price movement for a quoted instrument or asset.
 
Also known as a 'pip'.
''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'.


2.
''US.''
1% of a loan principal amount, especially in the context of residential mortgage loans.


== See also ==
== See also ==
* [[Points]]
* [[Duty]]
* [[Principal]]
* [[Stamp duty]]
* [[Stamp duty reserve tax]]


[[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