A contract where land was held by nominees and then sold to third Party is a ‘conveyance of sale’. Citations: Ind Summary 04-Sep-1995 Statutes: Stamp Act 1891 54 Jurisdiction: England and Wales Stamp Duty Updated: 15 April 2022; Ref: scu.84686
The taxpayer and her son owned through a trust the entire beneficial interest in the shares of a company. She agreed to transfer other shares to him in return for his interest in the shares subject to the trust, releasing the trust. The Revenue contended that there must be a deed giving effect to the … Continue reading Oughtred v Inland Revenue Commissioners: HL 4 Nov 1959
The deceased had assigned his coal merchant business to the respondent against a promise to pay andpound;5.00 a week to his widow whilst she lived. The respondent appealed an order requiring him to make the payments, saying that as a consolidating Act, the 1925 Act should not be read to change the common law. Held: … Continue reading Beswick v Beswick: HL 29 Jun 1967
One English company transferred to another English company certain property in France by a deed of ‘apport’ executed in France according to the formalities of French law, the price of the property being payable in shares of the purchasing company. Held that the deed was a ‘conveyance on sale’ within the meaning of section 54 … Continue reading Inland Revenue v Maple and Co (Paris) Ltd: HL 27 Nov 1907
The court was asked whether, as the appellants contended, a claimant who is seeking to maintain an action in passing off need only establish a reputation among a significant section of the public within the jurisdiction, or whether, as the courts below held, such a claimant must also establish a business with customers within the … Continue reading Starbucks (HK) Ltd and Another v British Sky Broadcasting Group Plc and Others: SC 13 May 2015
Sale of property in England dutiable here although executed abroad under trust created abroad. Price not inadmissible for court. . .