Ireland Announces Proposal for Increased Stamp Duty to Discourage Bulk Housing Purchases by Institutional Investors

Ireland's Department of Finance has announced a proposed resolution that would introduce a 10% stamp duty to discourage bulk housing purchases by institutional investors.

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Minister Donohoe announces Stamp Duty measure for bulk purchasers for homes

The Minister for Finance, Paschal Donohoe TD, will bring a Financial Resolution to the Dáil tomorrow (Wednesday) evening, which will impose a stamp duty charge of 10% on the multiple purchase of 10 or more residential houses. This higher char…