UK Tories plan property tax hike for foreign buyers
Prime Minister Boris Johnson's Conservative party is planning an additional 3% stamp duty for foreign buyers who are not tax residents in Britain. – EPA pic, November 24, 2019.
BRITAIN’S Conservatives said Friday they will make foreign individuals and companies pay more tax on residential property purchases if they win next month’s election. Prime Minister Boris Johnson’s party said it would levy an additional 3% surcharge on the country’s stamp duty land tax for buyers who are not tax residents in Britain.
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