TITLE

Protest pays off

PUB. DATE
June 1986
SOURCE
Accountancy;Jun86, Vol. 97 Issue 1114, p51
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decision of the Chancellor of the Exchequer of Great Britain to reduce the tax on the conversion of British shares into American Depositary Receipts (ADR). Criticism of the proposal from British and U.S. brokers; Prevention of British institutions from avoiding stamp duty by dealing in British shares in ADR form.
ACCESSION #
7331698

 

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