Question to the HM Treasury:
To ask Her Majesty’s Government what assessment they have made of the amount of stamp duty reserve tax that will be repaid following the 2012 decision of the First-Tier Tribunal (Tax) in the case of <i>HSBC Holdings PLC and the Bank of New York Mellon Corporation v HMRC </i>(TC/2009/165484)<i>.</i>
HM Revenue and Customs (HMRC) is not in a position to provide an assessment of Stamp Duty Reserve Tax that may be repaid following the 2012 First Tier Tribunal decision in the case of HSBC Holdings PLC and the Bank of New York Mellon Corporation v HMRC. This is due to ongoing litigation of cases arising from that decision.