Stamp duty can be complex and it can have a significant impact on your business. While stamp duty largely relates to Irish property transactions or transactions concluded in Ireland, it can also relate to the transfer of stocks and securities. These issues have an impact on both local and foreign business transactions, therefore it’s important to consider the wider impact of stamp duty on your business.
Stamp duty mostly arises on documents transferring an interest in property. The rate of stamp duty on transfers of commercial property and business assets is 2%. Stamp duty also peaks at 2% on residential property. The tax also arises on certain insurance policies, bank cards and financial instruments.
Our team would be happy to advise you on any area of Irish stamp duty and is part of a worldwide network that can advise on stamp taxes in any foreign jurisdictions in which you may be conducting business. Some of the areas where we can help include:
Director, PwC Ireland (Republic of)
Tel: +353 1 792 6313
Senior Manager, PwC Ireland (Republic of)
Tel: +353 1 792 6285