This petition was submitted during the 2010–2015 Conservative – Liberal Democrat coalition government

Rejected petition Close residential stamp duty loophole for foreign companies

More details

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

This petition was rejected

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Rejected at request of petitioner

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