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UT decides SDLT scheme was ineffective (Brown and another v HMRC)

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Published on: 30 November 2022
Published by a LexisNexis Tax expert

Table of contents

  • Why it matters
  • Case details

Article summary

Tax analysis: In Brown, the Upper Tribunal (UT) held that a marketed stamp duty land tax (SDLT) scheme failed. The scheme involved a distribution in specie of a house by a company and was intended to result in no liability under the former sub-sale rules under section 45 of the Finance Act 2003.

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Jurisdiction(s):
United Kingdom

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