HC Deb 25 July 2000 vol 354 c576W
Mr. David Heath

To ask the Chancellor of the Exchequer if he will list the level of stamp duty payable on transactions at the stock exchanges in(a) London, (b) New York, (c) Frankfurt, (d) Amsterdam, (e) Zurich, (f) Milan, (g) Madrid and (h) Paris. [131918]

Miss Melanie Johnson

Transfers of shares in UK-registered companies are subject to UK stamp duty or stamp duty reserve tax (SDRT) wherever they are traded. Shares in non-UK companies may be traded in the UK without incurring UK stamp duties. The rate of stamp duty/SDRT on transfers of UK shares is 0.5 per cent.

The information on the taxes imposed by other jurisdictions is available from:

  • The Inventory of EU Taxes (16th Edition)
  • Taxation of Individuals in Europe (International Bureau of Fiscal Documentation)
  • The United States State Tax Handbook.

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