Impact of Stamp Duty Changes on the Irish Commercial Property Market

Stanley McGreal, McParland Clare and Jones Long La Salle

ERES from European Real Estate Society (ERES)

Abstract: In the December 2002 Irish Budget, stamp duty on all commercial transactions over ƒ150,000 was increased by 50% from 6% to 9%. This effectively means that an investor seeking entry into the Irish commercial property market is required to pay acquisition costs of 11.42%. This comprises 9% stamp duty, legal costs of 1% plus VAT, and agent/acquisition costs of a further 1% plus VAT.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2003-06-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2003-217 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2003_217

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().