Stamp duty is a general purpose tax that is imposed on various instruments and transactions relating to real estate, business and other property acquisitions, certain commercial leases, insurance and motor vehicle certificates of registrations. For an overview, including the rates, concessions and exemptions, click here.
The revenue is paid into the Central Holding Authority of the Territory and is used to meet the costs of essential public services such as education, health, law and order, and public safety.
For further information on the general administration of stamp duty including the period for lodgement of documents and payment of duty, penalties, objection rights and refunds, click here.