A voluntary tax?
Hutton, M.
A voluntary tax? - 2001 - Accountancy (1294) June 2001, 122-123(2) .
Summarises the main principles of stamp duty which, although voluntary, is hard to avoid as it is extremely difficult to pass the title to property other than in writing. Details the instruments which are chargeable, those which are exempt, when gifts are subject to a liability, the rates of duty and the penalty and interest regime; offers guidance on stamp duty in relation to fixing the consideration, the assignment of leases, the acquisition of businesses, sub sales and offshore holdings; and considers corporate transaction reliefs and the concept of 'resting in contract'.
GIFTS
INSTRUMENTS
INTEREST
LEASES
OFFSHORE INVESTMENTS
PENALTIES
STAMP DUTY
SUB SALE
A voluntary tax? - 2001 - Accountancy (1294) June 2001, 122-123(2) .
Summarises the main principles of stamp duty which, although voluntary, is hard to avoid as it is extremely difficult to pass the title to property other than in writing. Details the instruments which are chargeable, those which are exempt, when gifts are subject to a liability, the rates of duty and the penalty and interest regime; offers guidance on stamp duty in relation to fixing the consideration, the assignment of leases, the acquisition of businesses, sub sales and offshore holdings; and considers corporate transaction reliefs and the concept of 'resting in contract'.
GIFTS
INSTRUMENTS
INTEREST
LEASES
OFFSHORE INVESTMENTS
PENALTIES
STAMP DUTY
SUB SALE