what is stamp duty?

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during import/export process

2007-11-12 13:27:26 · 2 answers · asked by fang h 2 in Business & Finance ➔ Small Business

2 answers

A tax

2007-11-12 13:29:40 · answer #1 · answered by Robert F 7 · 0⤊ 0⤋

Stamp duty is a form of tax that is levied on documents. Historically, a physical stamp (a tax stamp) had to be attached to or impressed upon the document to denote that stamp duty had been paid before the document became legally effective. More modern versions of the tax no longer require a physical stamp

2007-11-12 21:35:46 · answer #2 · answered by bob 6 · 0⤊ 0⤋