Recent Examples of stamp tax from the Web
The state increased what’s known as the documentary stamp tax on sales a quarter century ago.
The money comes from revenue generated by doc stamp taxes, which is the tax assessed on documents such as real estate titles.
Anyone who purchases real estate in Florida pays a documentary stamp tax on the transaction, a portion of which is earmarked for trust funds to develop affordable housing.
The documentary-stamp tax is expected to generate $862.2 million next fiscal year for a trust fund used to carry out the amendment, according to an August estimate by state economists.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'stamp tax.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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