Q&As

Is stamp duty payable on a transfer of warrants (to subscribe for shares) issued by an English company under a warrant instrument?

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Published by a ³ÉÈËÓ°Òô Tax expert
Published on: 29 April 2016
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Stamp duty arises in respect of the transfer of stock and marketable securities for consideration where the transfer is effected by a written transfer instrument. Stamp duty can also arise on the grant of an option (although in practice it is rarely paid).

A warrant to subscribe for shares in a company incorporated in the UK may fall within the definition of marketable security. A

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Stamp duty definition
What does Stamp duty mean?

A transfer tax payable on documents and instruments, rather than in respect of a transaction. It is most commonly encountered on the transfer of UK certificated shares, where the stock transfer form is the instrument that is stamped.

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