|
|
|
Stamp Duty is a tax on
share transactions in the UK. It makes dealing more expensive than it
otherwise would be, and therefore increases inefficiency in financial
markets.
It also creates
discrimination between stock markets as it is possible to trade UK shares on
overseas stock markets without paying stamp duty (and such markets, even in
the rest of Europe, typically do not have such taxes).
UKSA would therefore
like to see stamp duty, which is after all a relatively minor source of tax
revenues, removed altogether.
|
|
Back to
Policies Page:
Back |
|
Copyright
© UK
Shareholders Association Ltd 2004. Refer to the
Legal page for conditions of use of this web site. |
|
|
If you want to contribute material to any of the policy topics, or wish
to suggest an additional topic, please contact the:
Webmaster
|
|
