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Home Forums Patrick Cannon Is SDLT payable on the incorporation of a property partnership? Reply To: Is SDLT payable on the incorporation of a property partnership?

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Patrick
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HMRC accept that the special partnership rules trump the section 53 market value rule. S53(4) makes the mv rule subject to any other “exemption or relief” which is apt to cover this siutation. See 3.4 of my Tolley Stamp Taxes book for more on this.