Brussels, 27/01/2003 (Agence Europe) - The European Commission decided that the UK stamp duty exemption is in line with Community objectives on economic and social cohesion as well as sustainable development and trading conditions will not be adversely affected to an extent contrary to the common interest. This authorisation is, however, subject to a number of conditions.
The UK exemption from stamp duty applies to non-residential properties in disadvantaged areas in the United Kingdom. The...