New guidance on the phrase ‘recognised stock exchanges’

Apr 23, 2018

Guidance from Revenue on the meaning of the phrase ‘recognised stock exchanges ‘as used throughout the Taxes Consolidation Act 1997 (TCA 1997) and the Stamp Duty Consolidation Act 1999 (SDCA 1999) is now published. 

The new guidance manual also covers the difference between related phrases; listed, quoted and traded and the meaning of the phrase in each of the sections of the TCA 1997 or SDCA 1999 where it is used. 

Another new manual was published by Revenue on what clearing systems are recognised clearing systems for the purpose of section 246A TCA 1997 and related provisions.