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Stamp Duty

May 29, 2015 #

Stamp Duty is the government tax related to changing the property ownership details in official documents. The amount of stamp duty payable depends on the price paid (or the market value where the price paid is less than market value) for the property. It also depends on the type of property , if it’s residential or non-residential. When closing a sale the solicitor calculates the stamp duty owed to the Revenue Commissioners.

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