UK rule change eases way for removing stamp duty from ILS
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UK rule change eases way for removing stamp duty from ILS

Liz Bury
01 November 2021
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The UK government has proposed changing legislation to make it easier to remove stamp duty or stamp duty reserve tax (SDRT) on transfers of securitisations and insurance-linked securities (ILS).

In a policy paper, tax office HM Treasury set out a proposed new power in the form of a freestanding provision that will let it use secondary legislation to change the law.

There

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ILS fundsNewsBermudaRegulation
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