noun
EXAMPLES FROM CORPUS
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Stamp duty Another central government tax raised on transfers of ownership is stamp duty.
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Had the limit not been stated, the rent would have been unascertainable, and the stamp duty would have been £2.
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Increasing the stamp duty threshold on house sales from £30,000 to £60,000.
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The only difference is that a scheme might, as mentioned above, enable the bidder to save stamp duty .
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This is because the stamp duty on property transfers is 6% but the duty on share transfers is only 1%.
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Whichever buy-in regime applies, stamp duty is payable by Target at one-half percent on the return of the cancelled shares.