Frequency/market practice: Stamp duty is payable on share transfer (0.75% of par value of the shares of stock sold) and sale of real property (1.5% based on whichever is higher between the consideration and fair market value). The liable party depends on the contract. It is more common to see the buyer assuming liability as the seller normally shoulders the capital gains tax.

Frequency/market practice: It is fairly common to have a tax indemnity, usually included in the purchase agreement.