PropertyEU

Britain closes Sharia stamp duty loophole

By A staff reporter 2008-03-13T00:00:00

Britain's finance minister Alistair Darling has closed a loophole in Sharia finance rules that allow commercial property investors to avoid paying stamp duty on more than EUR 1.3 bn of property deals in Britain, the Times reported on Thursday. The changes are part of the minister's 2008 budget plans published ...

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