Providing a comprehensive and practical account of the application of stamp duties to shares, securities and real estate transactions, Monroe & Nock on the Law of Stamp Duties:
- Covers the application of stamp duty and stamp duty reserve tax to a range of transactions in shares and other securities in situations, including M&A, capital markets transactions and reorganisations
- Considers special situations such as depositary receipt schemes and clearance services, unit trusts and open-ended investment companies and the application of stamp taxes to partnerships
- Explains the available exemptions and reliefs and offers practical guidance on how to obtain them, including loan capital, reorganisations and transfers between associated companies and securitisations
- Analyses the interaction between the parallel regimes of stamp duty and stamp duty reserve tax and offers practical guidance on how to fall within one tax rather than the other
- Covers the application of stamp duty land tax and the Scottish and Welsh equivalent taxes to a range of transactions in land and buildings
- Reproduces principal statutory provisions and key HMRC material
- Adds commentary and critique to the principal statutory provisions and authoritative case law
- Considers future developments in stamp taxation
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