Information about what is meant by a 'recognised stock exchange' and the legislation that applies.
What is a ‘recognised stock exchange’
The term ‘recognised stock exchange’ occurs throughout the Taxes Acts and in various tax regulations. For example it’s used in the definition of investments which may be held in Individual Savings Accounts and in the qualifying criteria for the quoted Eurobond exemption. Recognised stock exchange legislation is found under S1005 Income Tax Act (ITA) 2007.
HM Revenue and Customs (HMRC) will consider the designation of a stock exchange as a recognised stock exchange under S1005 ITA 2007 on receipt of a request made by a stock exchange. The fact that a particular exchange isn’t recognised may simply mean that recognition hasn’t been requested.
You can email any queries about recognised stock exchanges to email@example.com.
HMRC will normally reply to you by email, if that is your chosen communications method. However, the security of email can’t be guaranteed so it’s important for you to consider whether the risk of these email exchanges being intercepted is acceptable to you.
If you don’t want HMRC to reply to your original message by email, please state this clearly and supply alternative contact details so that we can contact you in writing or by telephone.
HMRC can’t access emails marked ‘Private’. If you’ve sent your enquiry this way, please resend as ‘Normal’.
You can write to HMRC at the following address:
HM Revenue and Customs
100 Parliament Street