Eerik Kukebal

Eerik Kukebal

Cooley LLP

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UK Government Sets Tax Agenda

On October 30, 2024, the Labour government delivered its first Budget since assuming power in July 2024. The Budget is the main annual fiscal event in the UK, and yesterday’s announcements were an important opportunity for...more

UK Government Announces Repeal of 1.5% Stamp Tax Charge on Issuances, Certain Transfers of Shares to Depositary Receipt Issuers,...

In a welcome move, the UK government issued a statement yesterday confirming its intention to repeal the 1.5% charge to UK stamp taxes on issuances of securities and any ‘exempt capital-raising transfer’ to a depositary...more

9/18/2023  /  Capital Raising , Stamp Taxes , UK

New UK Legislation Raises Prospect of 1.5% Stamp Tax Charge on Equity Financings

The Retained EU Law (Revocation and Reform) Act 2023 became law in the UK on 29 June 2023. Broad in scope, the Revocation and Reform Act will, with effect from the end of this year, sweep away a number of European...more

7/11/2023  /  Stamp Taxes , Tax Reform , UK
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