stamp tax

noun

Definition of stamp tax

: 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 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 The stamp tax, collected within the colonies, was internal. William Hogeland, The New Republic, 25 Jan. 2021 See More

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.

First Known Use of stamp tax

1764, in the meaning defined above

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The first known use of stamp tax was in 1764

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Dictionary Entries Near stamp tax

stamp seal

stamp tax

stan

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Cite this Entry

“Stamp tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/stamp%20tax. Accessed 15 Aug. 2022.

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More Definitions for stamp tax

stamp tax

noun

Legal Definition of stamp tax

: a tax collected by means of a stamp purchased and affixed (as to a deed)

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