James Browne
Question:81. Deputy James Browne asked the Minister for Finance the stage of a sale agreement at which stamp duty becomes payable; and if he will make a statement on the matter. [44781/17]
View answerTuesday, 24 October 2017
Questions (81)
Written answers
I am advised by Revenue that stamp duty is chargeable on a conveyance or transfer on sale of a property. This happens when the interest in a property is transferred to or vested in a purchaser. The stamp duty is payable to Revenue 30 days after the execution of the instrument of sale or transfer. Execution of the instrument would be expected to happen at the final stage of the sale when the purchaser pays the full consideration to the seller.