Dating australian banknotes

Stamp duties are the oldest taxes still raised by the HM Revenue and Customs.As part of domestic taxation, the PRC includes a stamp tax as one of the "behavioural taxes". Stamp taxes in China are governed by "Provisional Regulations of the People's Republic of China Concerning Stamp Tax Detailed Rules for Its Implementation", implemented in 1988.A stamp act is any legislation that requires a tax to be paid on the transfer of certain documents.Those who pay the tax receive an official stamp on their documents, making them legal documents.The Stamp Act 1765 (short title Duties in American Colonies Act 1765; 5 George III, c.

The British government felt that the colonies were the primary beneficiaries of this military presence, and the colonial population should pay at least a portion of the expense.Some opponents of the Stamp Act distinguished between "internal" taxes like the stamp duty, which they claimed Parliament had no right to impose, and revenue legitimately raised through the regulation on trade.In general, however, most colonists considered the Act to be a violation of their rights as Englishmen to be taxed without their consent – consent that only the colonial legislatures could grant because Americans were unrepresented in Parliament.The Finance Act 1986 introduced Stamp Duty Reserve Tax.From October 27, 1986, the charge was imposed on 'closing' transactions at the London Stock Exchange which until then had been transactions where no document was used and therefore exempt from Stamp Duty.