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【Cross-Border Tax】IRELAND: Emergency stamp duty rate for bulk purchases of houses

Ireland's Finance minister Paschal Donohoe has tabled an urgent measure imposing a 10 per cent stamp duty surcharge on the purchase of ten or more residential houses in the country within a 12-month period, with effect from 20 May 2021. It is ‘designed to deter institutional investors and property funds from bulk-buying homes but the measure will apply to any party acquiring multiple residential properties,’ says law firm Walkers....

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