27 Stamp Duty—Application To Transfers Of Stock And Marketable Securities Held By A Partnership (And Certain Disposals Of Partnership Interests Where Land Forms Part Of The Partnership Assets)

INFORMATION BINDER

27 Stamp duty—application to transfers of stock and marketable securities held by a partnership (and certain disposals of partnership interests where land forms part of the partnership assets)

| Commentary

To the extent that partnership assets comprise stock or marketable securities, stamp duty may be chargeable by reference to the market value of the stock or marketable securities (less the amount outstanding on any loan secured solely on

View the latest version of this document, as well as thousands of others like it, sign in to ��˾��ҹ�� or register for a free trial

View full volume

Important Note—Anti-avoidance rules on use of ‘deep in the money options’

28 Apportionment: Instruments transferring land/other assets and stock or marketable securities

29 Overview

30 No stamp duty on transfers by way of gift

31 No stamp duty on intellectual property and goodwill

32 No stamp duty on assignment of debts and benefit of contracts

33 No stamp duty on transfers of certain types of loan stock

34 No stamp duty on transfers of stock or marketable securities to charities

35 No stamp duty on transfers between spouses or civil partners on termination of marriage or civil partnership

36 No stamp duty on transfers on death

37 No stamp duty on deeds of variation of a will

38 transfer of partnership or dividend shares to an employee under approved share incentive plan

39 Relief from stamp duty on transfers between associated companies

40 Relief from stamp duty on reconstructions

41 Reduced transfer duty

42 Relief from stamp duty on interposition of new holding company

43 No stamp duty on transfers of shares in a building society

44 Transfers to certain financial intermediaries or nominees

45 No stamp duty on gilts or government stock

46 Renounceable letters of allotment

46A Transfers of international bank stock

��˾��ҹ��

27 Stamp duty—application to transfers of stock and marketable securities held by a partnership (and certain disposals of partnership interests where land forms part of the partnership assets)

27 Stamp duty—application to transfers of stock and marketable securities held by a partnership (and certain disposals of partnership interests where land forms part of the partnership assets)

Continue reading

Important Note—Anti-avoidance rules on use of ‘deep in the money options’

28 Apportionment: Instruments transferring land/other assets and stock or marketable securities

29 Overview

30 No stamp duty on transfers by way of gift

31 No stamp duty on intellectual property and goodwill

32 No stamp duty on assignment of debts and benefit of contracts

33 No stamp duty on transfers of certain types of loan stock

34 No stamp duty on transfers of stock or marketable securities to charities

35 No stamp duty on transfers between spouses or civil partners on termination of marriage or civil partnership

36 No stamp duty on transfers on death

37 No stamp duty on deeds of variation of a will

38 transfer of partnership or dividend shares to an employee under approved share incentive plan

39 Relief from stamp duty on transfers between associated companies

40 Relief from stamp duty on reconstructions

41 Reduced transfer duty

42 Relief from stamp duty on interposition of new holding company

43 No stamp duty on transfers of shares in a building society

44 Transfers to certain financial intermediaries or nominees

45 No stamp duty on gilts or government stock

46 Renounceable letters of allotment

46A Transfers of international bank stock

Call us on

Popular Links

HELP & SUPPORT

LEGAL SOLUTIONS

Policies

27 Stamp duty—application to transfers of stock and marketable securities held by a partnership (and certain disposals of partnership interests where land forms part of the partnership assets)

27 Stamp duty—application to transfers of stock and marketable securities held by a partnership (and certain disposals of partnership interests where land forms part of the partnership assets)

Continue reading

Related documents:

Call us on

Popular Links

HELP & SUPPORT

LEGAL SOLUTIONS

Policies