Sonio Singh – partner in our Corporate/Commercial team – discusses Corporate Re-organisations – Stamp Duty Changes
From a historical perspective, Section 77 Finance Act 1986 has been a key tool regarding relief from Stamp Duty on share for share exchanges. The key conditions are detailed at Section 77(3) and include the following: The relevant transfer of shares must form part of a transaction where the acquiring company (Topco) acquires 100% of... Read the rest of this entry →