Duty-Free: The New UK Single Tax on Securities
By EsqSocial Corporation 01/05/25
The replacement of the UK’s paper-based stamp duty (SD), and its electronic cousin stamp duty reserve tax (SDRT), with a unified and modernised single tax on securities transactions re-emerged this week as a Government priority with significant new impetus. This development will be of interest to a broad range of investors into or via the UK – as well as their advisors – and currently promises to bring tangible benefits in the UK corporate transaction context....
By: Ropes & Gray LLP