1.5% Stamp Tax Charge: Continuity or Change?
Cooley lawyers David Wilson and Jack Jones coauthored an article in Tax Journal on the UK government’s announcement that it intends to repeal the 1.5% charge to UK stamp taxes on issuances of securities and any ‘exempt capital-raising transfer’ to a depositary receipt issuer or clearance service with effect from 1 January 2024, and associated draft legislation.
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