stamp tax
noun
: a tax collected by means of a stamp purchased and affixed (as to a deck of playing cards)
specifically
: such a tax on a document (such as a deed or promissory note)
called also stamp duty
Examples of stamp tax in a Sentence
Recent Examples on the Web
As part of the resiliency effort, lawmakers agreed to divvy up more than $400 million in documentary-stamp tax dollars, which are collected on real estate transactions and in the past have been targeted toward what is known as the Sadowski Trust Fund for affordable housing.
—
Jim Turner, sun-sentinel.com, 12 May 2021
There was also chatter about Mainland China decreasing its stamp tax, which led to a rally in financial stocks led by brokers.
—Brendan Ahern, Forbes, 4 June 2021
Remember that Hong Kong just raised its stamp tax by 30% beginning in August to 13 basis points on buys and sells from 10 basis points today.
—Brendan Ahern, Forbes, 18 Mar. 2021
The bill would direct $200 million in documentary-stamp tax money to affordable housing, with $111.7 million going to efforts to combat sea-level rise and $111.7 million going to sewage treatment projects.
—Jim Turner, orlandosentinel.com, 5 May 2021
India’s citizens paid a special stamp tax for a number of years to cover the expenses.
—WSJ, 1 Apr. 2021
Also, chatter that the Mainland stamp tax (which only applies to sales) might be cut lead to brokers rallying.
—Brendan Ahern, Forbes, 3 Mar. 2021
After last week’s taper tantrum sell-off, Hong Kong was off as authorities said the Hong Kong stamp tax will not be expanded.
—Brendan Ahern, Forbes, 2 Mar. 2021
The stamp tax was a significant negative catalyst for the market in general and Hong Kong Exchanges’ stock in particular, which fell -8.78% despite reporting strong earnings today.
—Brendan Ahern, Forbes, 24 Feb. 2021
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Jim Turner, sun-sentinel.com, 12 May 2021
There was also chatter about Mainland China decreasing its stamp tax, which led to a rally in financial stocks led by brokers.
—Brendan Ahern, Forbes, 4 June 2021
Remember that Hong Kong just raised its stamp tax by 30% beginning in August to 13 basis points on buys and sells from 10 basis points today.
—Brendan Ahern, Forbes, 18 Mar. 2021
The bill would direct $200 million in documentary-stamp tax money to affordable housing, with $111.7 million going to efforts to combat sea-level rise and $111.7 million going to sewage treatment projects.
—Jim Turner, orlandosentinel.com, 5 May 2021
India’s citizens paid a special stamp tax for a number of years to cover the expenses.
—WSJ, 1 Apr. 2021
Also, chatter that the Mainland stamp tax (which only applies to sales) might be cut lead to brokers rallying.
—Brendan Ahern, Forbes, 3 Mar. 2021
After last week’s taper tantrum sell-off, Hong Kong was off as authorities said the Hong Kong stamp tax will not be expanded.
—Brendan Ahern, Forbes, 2 Mar. 2021
The stamp tax was a significant negative catalyst for the market in general and Hong Kong Exchanges’ stock in particular, which fell -8.78% despite reporting strong earnings today.
—Brendan Ahern, Forbes, 24 Feb. 2021
Dictionary Entries Near stamp tax
Cite this Entry
“Stamp tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stamp%20tax. Accessed 2 Dec. 2024.
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