Stamp duty and Swaption: Difference between pages

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(SD). ''UK Tax.''
An option on a swap where the buyer of the option has the right, but not the obligation, to enter into a specified swap on a specific future date (or on one of a number of specified dates) set out in the terms of the swaption.
A tax on documents usually involving the transfer of property or shares.
Payable on - among other transactions - the acquisition of a chargeable interest in land.


== See also ==
== See also ==
* [[Adjudication]]
* [[Option]]
* [[Fixed duty]]
* [[Swap]]
* [[Stamp duty land tax]]
   
   


Revision as of 14:20, 23 October 2012

An option on a swap where the buyer of the option has the right, but not the obligation, to enter into a specified swap on a specific future date (or on one of a number of specified dates) set out in the terms of the swaption.

See also


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