Land and Buildings Transaction Tax (Scotland) Act 2013 section 15

Chargeable transaction

Section 15 establishes which land transactions are chargeable to Land and Buildings Transaction Tax (LBTT).

• A land transaction is, by default, a chargeable transaction subject to LBTT.
• A transaction is not chargeable if it is classified as an exempt transaction under the Act.
• A transaction is also not chargeable if it is otherwise exempt from the tax charge by any other provision.
• The section creates a simple presumption: all land transactions are taxable unless a specific exemption applies.