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众所周知,伦敦、纽约和东京为当今世界三大金融中心,而伦敦证券交易所则是伦敦金融市场的主要活动中心。1992年该所成交的股票和证券的价值大约为1568亿美元。 象所有的证券交易所一样,伦敦证券交易所也具备两种主要职能,一是它提供了一个可通过发行股票或借贷股票筹集资金的初级市场;二是它提供了一个投资者之间可以买卖和借贷股票的市场。这个二级市场的职能是非常重要的,它支持了证券交易所筹措初级资金的职能。对于第一个职能即筹措资金,从1988年起已不必纳税,因为征收发行股票税,对利用和发展交易所是一个消极因素。所以,目前只对第二个职能,即股票交易转让课征某些税收。
As we all know, London, New York and Tokyo are the three major financial centers in the world today, while the London Stock Exchange is the main activity center of the London financial market. The value of stocks and securities traded by the firm in 1992 was about 158.8 billion U.S. dollars. Like all stock exchanges, the LSE also has two main functions: first, it provides a primary market through which shares can be raised or borrowed; and second, it provides a market where investors can buy and sell And borrowing stock market. The function of this secondary market is very important. It supports the function of the stock exchange to raise primary funds. As for the first function, ie financing, there has been no need to pay taxes since 1988, because the issue of share-issuing taxes is a negative factor in the utilization and development of exchanges. Therefore, at present, only certain taxes are levied on the second function, transfer of stock transactions.