Stamp duty: Difference between revisions
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imported>Doug Williamson (Link with Stamp duty reserve tax page and explain.) |
imported>Doug Williamson (Add second definition.) |
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''UK tax and treasury.'' | |||
1. (SD). | |||
A tax on certain physical documents evidencing or effecting the transfer of valuable property. | A tax on certain physical documents evidencing or effecting the transfer of valuable property. | ||
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Where shares are held in paperless form, the comparable related tax is Stamp Duty Reserve Tax. | Where shares are held in paperless form, the comparable related tax is Stamp Duty Reserve Tax. | ||
2. | |||
In non-technical writing and speech, 'stamp duty' is sometimes used as an abbreviation for Stamp duty land tax. | |||
Revision as of 10:44, 28 November 2017
UK tax and treasury.
1. (SD).
A tax on certain physical documents evidencing or effecting the transfer of valuable property.
One example is the stamp duty tax on the transfer of shares which are held as physical certificates.
Where shares are held in paperless form, the comparable related tax is Stamp Duty Reserve Tax.
2.
In non-technical writing and speech, 'stamp duty' is sometimes used as an abbreviation for Stamp duty land tax.
