United Kingdom · Question · Written question
UIN 3397
Shares: Taxation
Original
Introduced
30 August 2024
Last action
9 September 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Taxation
Source updated
9 September 2024
Summary
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of implementing a share buyback tax.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
30 August 2024
Written question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of implementing a share buyback tax.
Source: Commons
9 September 2024
Answer
Share buybacks are already subject to taxation in the form of Stamp Taxes on Shares (STS), which raise important revenue – up to £4.4bn per year – that helps to fund our public services. There are also rules in place to ensure that any returns that arise ...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-08-30/3397
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1726205
- uk · wq-1726205 · source updated 9 September 2024