Impact of Stamp Duty Changes on the Irish Commercial Property Market
In the December 2002 Irish Budget, stamp duty on all commercial transactions over Æ’150,000 was increased by 50% from 6% to 9%. This effectively means that an investor seeking entry into the Irish commercial property market is required to pay acquisition costs of 11.42%. This comprises 9% stamp duty, legal costs of 1% plus VAT, and agent/acquisition costs of a further 1% plus VAT.
Year of publication: |
2003-06
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Authors: | McGreal, Stanley ; Clare, McParland ; Salle, La ; Long, Jones |
Institutions: | European Real Estate Society - ERES |
Saved in:
freely available
Extent: | text/html |
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Series: | ERES. |
Type of publication: | Book / Working Paper |
Source: |
Persistent link: https://www.econbiz.de/10010834807
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