The following Tax precedent provides comprehensive and up to date legal information covering:
[insert HMRC Stamp Office address]
in the matter of a transfer of shares in [insert name of target company] (Target) by
[insert name of transferor company] (Transferor)
[insert name of transferee company] (Transferee)
Responsible officer and purpose of the letter
I, [insert name of the responsible officer who is aware of the full circumstances set out in this letter], apply for relief from stamp duty in accordance with section 42 of the Finance Act 1930 (FA 1930) in respect of the enclosed Stock Transfer Form (defined in paragraph 5.2). I am [[a director OR a secretary] OR [a solicitor OR an accountant] acting on behalf] of [insert name of parent company of the stamp duty group].
Details of the companies
Details of the relevant companies at the date of the Agreement (defined in paragraph) and the Stock Transfer Form (defined in paragraph 5.2) are set out below.
Certified extracts from the register of members of the companies forming part of the stamp duty group as at the date of the Agreement and the Stock Transfer Form are enclosed in Schedule 1.
A diagram illustrating the group structure of these companies immediately prior to the transfer is enclosed in Schedule 2.
None of the companies whose details are set out in this paragraph
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and thousands of others like it, sign-in to LexisPSL or register for a free trial.
Existing user? Sign-in
Take a free trial
This Practice Note considers the law governing the procedural law of arbitration proceedings (the curial law or lex arbitri) and how it is determined under the law of England and Wales (England and English are used as convenient shorthand).The procedural law of the arbitral proceedingsThe procedural
Commercial Property Standard Enquiries (CPSEs) are industry standard pre-contract enquiries used in commercial property transactions. CPSEs are endorsed by the British Property Federation and are free to use. The CPSEs include specific environmental enquiries at enquiry 15 and there are several
What is quia timet relief?Injunctions are generally awarded where a party has already suffered a wrong. For guidance on injunctions generally, see Practice Note: Injunctions—guiding principles. However, an injunction may be sought before a party's rights have been infringed on the basis that they
This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.Note: this Practice Note does not deal with the
0330 161 1234
To view our latest legal guidance content,sign-in to Lexis®PSL or register for a free trial.