STSM031240 - Scope of Stamp Duty Reserve Tax (SDRT): Transfers of listed securities and connected persons: Connected company and connected persons
Finance Bill 2018-19 introduces legislation to provide for a new Stamp Duty and Stamp Duty Reserve Tax (SDRT) market value rule where listed securities are transferred to a company or its nominee (whether or not for consideration), and the person transferring the securities is connected with the company or is the nominee of a person connected with the company.
For the purposes of SDRT (and Stamp Duty) section 1122 of Corporation Tax Act 2010 specifies the circumstances where a person is connected with a company.
STSM031210 explains the effective date when market value is to apply
STSM031220 explains the market value calculation
STSM031230 explains the meaning of listed securities
STSM031250 gives information on CREST reporting
STSM021305 gives information on Stamp Duty implications on transfers of listed stocks or marketable securities