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Stamp duty loophole

Language: English Series: Taxation ; 14 June 1998, 4(1)Publication details: 1998Subject(s): Summary: A number of property companies are considering setting up single-asset property companies to exploit a tax loophole to reduce the amount of stamp duty payable by selling shares in these companies rather than the properties.

A number of property companies are considering setting up single-asset property companies to exploit a tax loophole to reduce the amount of stamp duty payable by selling shares in these companies rather than the properties.