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Generic Tax Name Stamp duty - Transfer duty
Tax name in the national language Stamp duty on shares
Tax name in English Stamp duty on shares
Member State IE-Ireland
Tax in force since 1999/01/01
If abolished, date on which the tax ceases to apply
Business version date 2015/01/01
Version date 2015/02/17
This file was last updated on

Type of tax
Direct taxes Personal income tax
Corporate income tax
Other

Indirect taxes VAT
Excise duty (EU harmonised)
Alcoholic beverages
Energy products and electricity
Manufactured tobacco
Other

Social security contribution Employers
Employees
Other
 
Legal base

Stamp Duties Consolidation Act, 1999 as amended by later Finance Acts, up to and including Finance Act 2014.

 
Who sets
The tax rate is set by




The tax base is set by




The reliefs are set by




Comments
 
Beneficiary





Comments

 
Geographical Scope

Shares in companies registered in the Republic of Ireland

 
Taxpayers

The purchaser of the stocks or shares.

 
Tax object and basis of assessment

Instruments effecting transfers of any stocks, shares or marketable securities of companies registered in the State. The duty is also payable on transfers of such stocks, shares or marketable securities transferred in the CREST system.

 
Deductions, Allowances, Credits, Exemptions

Exemptions:

Duty is not chargeable on:

  • an instrument effecting a transfer of the stocks, shares or marketable securities of a company registered outside the State
  • an instrument effecting a transfer of Irish or foreign Government stocks
  • an instrument effecting a transfer of shares between companies in the course of a reconstruction or amalgamation transaction
  • an instrument effecting a transfer of shares between associated companies
  • an instrument effecting a transfer of certain financial services instruments
  • an instrument effecting a transfer of shares where the consideration does not exceed €1,000 (excludes CREST transactions)
  • an instrument effecting a transfer of shares to certain recognised intermediaries carrying on a bona fide business of dealing in securities
  • an instrument effecting a transfer of shares in companies listed on the Enterprise Securities Market (ESM) of the Irish Stock Exchange (ISE) (subject to a commencement order)
 
Rate(s) Structure

Duty payable at the rate of 1 % on the consideration paid for the stocks or shares where that consideration exceeds €1,000. In the case of gifts, or where the consideration is deemed to be inadequate, the duty is charged by reference to the value of the stocks or shares being transferred.

 
Tax due date

To be submitted with filing of self-assessed Stamp Duty return within 30 days of the date of execution of the instrument of transfer. Alternatively, where stocks or shares are transferred through the CREST system, bulk payments of duty are made by the operating company, CRESTCo., which acts as a collection agent for the Revenue Commissioners.

 
Tax collector

Revenue Commissioners

 
Special features

 
Economic function







Comments
 
Environmental taxes



Comments
 
Tax revenue
ESA95 code d214b

Year
Annual tax revenue (millions)
Currency
Tax revenue as % of GDP
Tax revenue as % of total tax revenue
2012 171.78 EUR 0.10
2011 195.00 EUR 0.11
2010 182.00 EUR 0.11
2009 209.00 EUR 0.12
2008 419.40 EUR 0.22
2007 608.70 EUR 0.31
2006 406.00 EUR 0.22
2005 324.00 EUR 0.19
2004 261.00 EUR 0.17

Comments