HMRC consults on SDLT relief for commercial sukuk | Practical Law

HMRC consults on SDLT relief for commercial sukuk | Practical Law

On 26 June 2008, the government launched a consultation on the introduction of a new relief from stamp duty land tax for the creation, issue and purchase of commercial sukuk (sharia-compliant financial certificates, equivalent to bonds) that are backed by interests in UK land or property.

HMRC consults on SDLT relief for commercial sukuk

Practical Law UK Legal Update 9-382-2939 (Approx. 4 pages)

HMRC consults on SDLT relief for commercial sukuk

by PLC Tax
Published on 01 Jul 2008England, Wales
On 26 June 2008, the government launched a consultation on the introduction of a new relief from stamp duty land tax for the creation, issue and purchase of commercial sukuk (sharia-compliant financial certificates, equivalent to bonds) that are backed by interests in UK land or property.
Comments are requested by 18 August 2008.