Inland Revenue v Maple and Co (Paris) Ltd: HL 27 Nov 1907

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 of the Stamp Act 1891, and as such chargeable with stamp duty.

Judges:

Lord Chancellor (Loreburn), The Earl of Halsbury, Lords Ashbourne, Macnaghten, James of Hereford, and Atkinson

Citations:

[1907] UKHL 968

Links:

Bailii

Jurisdiction:

England and Wales

Stamp Duty

Updated: 27 April 2022; Ref: scu.622315