SDLTM33120 - How is a partnership treated for SDLT purposes: Partnership personality disregarded - Para2

For the purposes of SDLT,

  • a chargeable interest held by or on behalf of a partnership is treated as held by or on behalf of the partners, and
  • a land transaction entered into for the purposes of a partnership is treated as entered into by or on behalf of the partners, and not by or on behalf of the partnership as such.

»Ê¹ÚÌåÓýappse provisions apply notwithstanding that the partnership is regarded as a legal person, or as a body corporate, under the law of the country or territory under which it is formed.