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STSM055150 - Stamp Taxes on Shares Manual - HMRC internal manual


STSM055150 - Depositary receipt and clearance services: scope of 1.5 per cent charge: Stamp Duty Reserve Tax - optional share reserve stock dividend paid with an issue of shares
You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals.
An optional share reserve stock/cash dividend represents an arrangement whereby a shareholder may elect under the terms of a United Kingdom incorporated company’s Articles of Association to take part or all of a dividend payment in newly issued shares rather than cash. Where the shareholder elects to receive the dividend payment in shares, the value of the cash dividend foregone will be used to subscribe for an issue of new shares out of the share reserve of the company that are then distributed to the shareholder as a share reserve stock dividend. ....

United Kingdom , Northern Ireland , European Atomic Energy Community The Withdrawal Agreement , Articles Of Association , Vidacos Nominees Ltdv Commissioners , European Union , European Union Withdrawal , York Mellon Corporationv Commissioners , Eu Capital Duties Directive Council , Tribunal Tax Chamber , European Court , Vidacos Nominees Ltd , First Tier Tribunal , Tax Chamber , New York Mellon Corporation , Stamp Duty , Great Britain , European Atomic Energy Community , Withdrawal Agreement , Duties Directive , Council Directive , New York Mellon , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , கட்டுரைகள் ஆஃப் சங்கம் , ஐரோப்பிய தொழிற்சங்கம் ,

STSM055060 - Stamp Taxes on Shares Manual - HMRC internal manual


STSM055060 - Depositary receipt and clearance services: scope of 1.5 per cent charge: Stamp Duty Reserve Tax - issue of a nil paid allotment letter or renounceable letter of allotment
You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals.
Following the decisions by the European Court of Justice in October 2009 in the case of HSBC Holdings PLC and Vidacos Nominees Ltd v Commissioners for HM Revenue & Customs(C569/07), and the First-tier Tribunal (Tax Chamber) in March 2012 in the case of HSBC Holdings PLC and the Bank of New York Mellon Corporation v Commissioners for HM Revenue & Customs (TC/2009/16584), HM Revenue & Customs (HMRC) accepts that the charging of 1.5% on securities issued by a United Kingdom incorporated company to a depositary receipt issuer or to a clearance service located anywhere in the world, is incompatible with European Union law. ....

United Kingdom , Northern Ireland , European Atomic Energy Community The Withdrawal Agreement , European Union , European Union Withdrawal , York Mellon Corporationv Commissioners , Vidacos Nominees Ltdv Commissioners , Eu Capital Duties Directive Council , Tribunal Tax Chamber , European Court , Vidacos Nominees Ltd , First Tier Tribunal , Tax Chamber , New York Mellon Corporation , Great Britain , European Atomic Energy Community , Withdrawal Agreement , Duties Directive , Council Directive , New York Mellon , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , ஐரோப்பிய தொழிற்சங்கம் , ஐரோப்பிய தொழிற்சங்கம் திரும்பப் பெறுதல் , யூ மூலதனம் கடமைகள் உத்தரவு சபை , தீர்ப்பாயம் வரி அறை ,

STSM055100 - Stamp Taxes on Shares Manual - HMRC internal manual


STSM055100 - Depositary receipt and clearance services: scope of 1.5 per cent charge: Stamp Duty Reserve Tax - overseas branch register
You should check the other guidance available on GOV.UK from HMRC as Brexit updates to those pages are being prioritised before manuals.
Where a company incorporated in the United Kingdom, keeps or maintains a share register in an overseas branch register in certain prescribed countries listed in CA2006/S129 (2), any securities transferred from the overseas branch register (on sale or otherwise than on sale) to a depositary receipt issuer or clearance service (located within or outside of the European Union (EU) or European Economic Area (EEA)) are, unlike Stamp Duty, chargeable to 1.5% Stamp Duty Reserve Tax (SDRT) by virtue of FA86/S99 (10). ....

United Kingdom , Northern Ireland , European Atomic Energy Community The Withdrawal Agreement , European Union , European Union Withdrawal , York Mellon Corporationv Commissioners , Vidacos Nominees Ltdv Commissioners , Eu Capital Duties Directive Council , Tribunal Tax Chamber , European Court , European Economic Area , Stamp Duty , Stamp Duty Reserve Tax , Vidacos Nominees Ltd , First Tier Tribunal , Tax Chamber , New York Mellon Corporation , Great Britain , European Atomic Energy Community , Withdrawal Agreement , Duties Directive , Council Directive , New York Mellon , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , ஐரோப்பிய தொழிற்சங்கம் ,