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stamp duty

British  

noun

  1. a tax on legal documents, publications, etc, the payment of which is certified by the attaching or impressing of official stamps

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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Currently, the U.K.’s 0.5% stamp duty charge is an outlier among major global financial centres, such as New York and Frankfurt, says the portfolio manager.

From The Wall Street Journal

Other possible announcements on Wednesday include lowering the tax-free allowance for cash Isas and changes to stamp duty.

From BBC

It could replace stamp duty - a tax buyers pay on properties above a certain value in England and Northern Ireland - with a property tax.

From BBC

Ahead of last year's general election, Reform's pledges included slashing corporation tax, cutting stamp duty on home purchases and lifting the threshold when people start paying income tax.

From BBC

Scrapping stamp duty, known as the Land Transaction Tax in Wales, is one of the Welsh Conservatives' top priorities according to the party's leader, Darren Millar.

From BBC