What does stamp duty mean?

Definitions for stamp duty
stam·p duty

This dictionary definitions page includes all the possible meanings, example usage and translations of the word stamp duty.

Princeton's WordNet

  1. stamp tax, stamp dutynoun

    a tax collected by requiring a stamp to be purchased and attached (usually on documents or publications)

Wiktionary

  1. stamp dutynoun

    A tax levied upon certain documents; a stamp being applied to show that tax has been paid.

Wikipedia

  1. Stamp duty

    Stamp duty is a tax that is levied on single property purchases or documents (including, historically, the majority of legal documents such as cheques, receipts, military commissions, marriage licences and land transactions). A physical revenue stamp had to be attached to or impressed upon the document to show that stamp duty had been paid before the document was legally effective. More modern versions of the tax no longer require an actual stamp. The duty is thought to have originated in Venice in 1604, being introduced (or re-invented) in Spain in the 1610s, the Spanish Netherlands in the 1620s, France in 1651, Denmark in 1657, Prussia in 1682 and England in 1694.

ChatGPT

  1. stamp duty

    Stamp Duty is a tax that is levied on legal documents, usually in the transfer of assets or property. The tax is paid by the buyer or the transferee, and the amount can vary depending on the value of the property or asset being transferred. The tax is typically required to be paid before the legal document can be legally effective or registered with the relevant authority. The aim of this duty is to record the sale of the asset or property and legally protect the new owner's rights.

Freebase

  1. Stamp duty

    Stamp duty is a tax that is levied on documents. Historically, this included the majority of legal documents such as cheques, receipts, military commissions, marriage licences and land transactions. A physical stamp had to be attached to or impressed upon the document to denote that stamp duty had been paid before the document was legally effective. More modern versions of the tax no longer require an actual stamp. The duty was originally introduced in the Netherlands in 1624 and spread to other countries subsequently, France 1654, Denmark 1657 and Prussia 1682.

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Numerology

  1. Chaldean Numerology

    The numerical value of stamp duty in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of stamp duty in Pythagorean Numerology is: 4

Examples of stamp duty in a Sentence

  1. Andrew Wishart:

    With the amount of second-hand stock on the market currently extremely limited, house prices could continue to surprise on the upside even after the stamp duty holiday takes a little heat out of demand.

  2. Stephen Kinsella:

    When you treat things that are transitory as if they are permanent, you can end up paying a very large price later on. The daddy of them all is stamp duty, the worry is that people treat this cash as if it's forever and the problem is it may not be forever.

  3. Melanie Walsh:

    Not many people are willing to pay the Stamp Duty fee that comes with such a large home, it could be up to 12 % of the home value, but by entering our home in this contest, we can include the fees, so the person who wins won't have to pay it.

  4. Tim Bannister:

    Our analysis shows that average prices have only fallen in the upper-end sector, which is usually more affected by seasonal factors such as the summer holidays and has also seen the greatest withdrawal of stamp duty incentives.


Translations for stamp duty

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"stamp duty." Definitions.net. STANDS4 LLC, 2023. Web. 23 Sep. 2023. <https://www.definitions.net/definition/stamp+duty>.

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