M and G Securities Ltd v Inland Revenue Commissioners: Schroder Unit Trusts Ltd v Same: ChD 2 Feb 1999

The terms of the deed of trust under which units were surrendered in return for transfer of investments and cash from the underlying trust, allowed the trustees to reclaim the stamp duty paid on the surrender documents.

Citations:

Times 02-Feb-1999

Statutes:

Finance Act 1946 54(4)

Jurisdiction:

England and Wales

Stamp Duty

Updated: 28 April 2022; Ref: scu.83248