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In this commentary, the authors examine the effect of stamp duty on the stock market, on business investment and on merger and acquisition activity. They consider possible threats to the long-run sustainability of stamp duty revenues. The commentary goes on to assess the potential revenue implications of abolition for the government and to examine various means by which the revenues could be recouped. Each of these involves its own potential economic distortions and possible additional administrative costs.
Authors
Mike Hawkins
Julian McCrae
Report details
- DOI
- 10.1920/co.ifs.2002.0089
- ISBN
- 978-1-903274-27-9
- Publisher
- IFS
Suggested citation
Hawkins, M and McCrae, J. (2002). Stamp duty on share transactions: is there a case for change?. London: IFS. Available at: https://ifs.org.uk/publications/stamp-duty-share-transactions-there-case-change (accessed: 8 May 2024).
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