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Stamp Duty
(redirected from Stamp Taxes)

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Stamp duty
Applies mainly to international equities. Taxes on foreign transactions, usually a percentage of total transaction amount, that can be unilateral or bilateral in nature.
Stamp Duty
A tax placed on legal documents upon transfer. For example, a stamp duty may be assessed on the deed to a house when it is sold before the deed can pass from the seller to the buyer. The term comes from the fact that governments used to place physical stamps on the legal documents as proof that the duty had been paid, but this practice is fairly uncommon now. Stamp duties are most common in some Commonwealth of Nations countries, such as Singapore and Australia, as well as in some U.S. states.
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Karen Campbell, head of stamp taxes at Grant Thornton, said: "In light of high property prices and tighter lending conditions, first-time buyers are struggling to afford their first property, and stamp duty land tax, in no small way, is impeding millions of potential homeowners from jumping on the property ladder.
'Eight-fold increase' in stamp duty revenue by Daily Post (Liverpool, England)
Karen Campbell, head of stamp taxes at Grant Thornton, said: "In light of high property prices and tighter lending conditions, first-time buyers are struggling to afford their first property, and stamp duty land tax, in no small way, is impeding millions of potential home-owners from jumping on the property ladder.
Labour rakes in pounds 31.5bn stamp duty in a decade; PERSONAL FINANCE by The Birmingham Post (England)
On audit, the DOR determined that additional documentary stamp taxes were due.
Crescent - did the Florida Supreme Court effectively repeal the ... by Vogelsang, Stephen G.; Rappoport, Adi / Florida Bar Journal
 
 
 
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