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
These examples are automatically compiled from online sources to
illustrate current usage. Opinions expressed in the examples do not represent those of
Merriam-Webster or its editors.
Send us feedback
about these examples.
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 14 Nov. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share