Market leading insight for tax experts
View online issue

Transfer schemes of arrangement

printer Mail

HMRC has issued guidance Stamp duty and SDRT: transfer schemes of arrangement ( on the amending Companies Act regulations (SI 2015/472) which took effect from 4 March 2015 to prevent target companies in takeovers using share cancellation schemes of arrangement. The regulations now require companies to use a transfer scheme or a contractual offer, on which stamp duty or SDRT is payable.

Issue: 1268
Categories: News