[PIO] Compliance Audit Campaign for the correct application of the provisions of the Stamps Law (Law 19/1963) as amended

The Tax Department reminds that according to Article 4(1) of the Stamps Law (Law 19/1963) as amended, any document included in the First Schedule of the Law which relates to property located in the Republic or to things to be executed or done in the Republic is subject to Stamp Duty, irrespective of the place where the document is drawn up. Article 29 of the same Law determines who is liable to pay the Stamp Duty.

According to checks, data and information available to the Department, non-compliance with the obligation to pay the Stamp Duty has been established.

Therefore, the Tax Department intends to carry out control campaigns for the correct application of the legislation in the near future, starting with the control of contracts for the execution of building or technical works by contractors.

On the basis of the above, those who have not complied with the provisions of the legislation are urged to proceed immediately with the payment of the Stamp Duty, to avoid inconvenience and additional charges.

On the website of the Tax Department under the section Other Information Material - Stamp Fees, you can find information on how to stamp documents.

(NYAN/MS)
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