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The draft Finance Bill extends the DOTAS disclosure regime to cover many more stamp duty land tax planning schemes, in particular those incorporating the sub-sale rules. However, the bill did not include new levies on the purchase of shares in property companies, despite newspaper reports that some of central London's residential streets are entirely owned by offshore companies. 

More detail:Comments on Stamp Duty Land Tax Avoidance Schemes

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Published on our website on December 26, 2011