Submitted on Wednesday 11th January 2012
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: duplicate (see below for details)
Close residential stamp duty loophole for foreign companies
Stop residential properties being registered by foreign companies: the current law means they don't have to pay stamp duty. Over a billion £'s could be raised by the exchequer in these tough times, and it could help reinforce the idea 'we are all in this together', rather than allowing the very rich a way of avoiding a tax everybody else has to pay.
As property prices in these areas is always increasing, it seems there are no shortage of buyers, so it is doubtful if anybody rich enough to buy these expensive properties, would be put off by this tax
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The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
Rejected at request of petitioner
52.15.190.187 Sun, 05 Jan 2025 07:33:06 +0000
