From Longman Dictionary of Contemporary Englishstamp dutyˈstamp ˌduty noun [uncountable] PETa tax that must be paid in Britain on particular legal documents that have to be officially checked, especially when buying a house
Examples from the Corpus
stamp duty• Stamp duty Another central government tax raised on transfers of ownership is stamp duty.• Whichever buy-in regime applies, stamp duty is payable by Target at one-half percent on the return of the cancelled shares.• The only difference is that a scheme might, as mentioned above, enable the bidder to save stamp duty.• Had the limit not been stated, the rent would have been unascertainable, and the stamp duty would have been £2.• This is because the stamp duty on property transfers is 6% but the duty on share transfers is only 1%.• Increasing the stamp duty threshold on house sales from £30,000 to £60,000.From Longman Business Dictionarystamp dutyˈstamp ˌduty [uncountable]TAX tax that has to be paid in some countries when buying and selling things such as shares, property etcDealings in the certificates will incur the 1% stamp duty levied on all share dealings. → duty 