Stamp duty and tax
Jump to
Stamp duty and tax Start Comparison
If stamp duty is payable, is it normally shared?

Frequency/market practice: An equity/share/asset purchase agreement is subject to stamp duty in the amount of 0.05% of the purchase price (for each party). It is common for stamp duty to be equally shared.

Is a separate tax covenant/indemnity or tax deed common?

Frequency/market practice: Rarely. This is becoming increasingly common.