Stamp Duty

Stamp duty is a tax on deeds and generally arises where a written instrument is required to transfer ownership. The rate of stamp duty depends on the nature of the asset and the category of transaction under the stamp duty legislation, known as the “head of charge.” 

O’Hanlon Tax advises on the Irish stamp duty implications of asset transfers, including land, buildings, and shares. We advise on the correct classification of transactions, the applicable rates, and the treatment of gifts and related party transfers. Stamp duty is typically payable by the transferee, with secondary liability for the transferor in the case of a gift. The tax is triggered by the execution of the deed and must be paid within the statutory timeframe. 

Our technical guidance is provided in writing where needed, helping clients and their legal advisors navigate stampable transactions.