Stamp Duty is a tax that you must pay when carrying out certain transactions that require legal documents. Deeds of Conveyance, Deeds of Gift, Deeds of Mortgage, Release of Mortgage Loan, Release of Life Insurance Policies, Transfer of Shares, Deeds of Lease, Deed Polls, Bonds, and any other deeds, require "stampingâ€, which means you must pay duty.
When do I need to pay Stamp Duty?
You must pay Stamp Duty when buying real estate or a home, acquiring shares, seeking a mortgage, or conducting other financial transactions. The attorney, company or broker that is involved in these transactions can tell you which documents require stamping.
How do I pay?
The attorney or the company transacting the business usually prepares the documents that require stamping and will make payment on your behalf. The documents are presented to the Inland Revenue Division by the attorney or company for stamping together with the necessary fees. The documents are processed and stamped accordingly.
How much does it cost?
The amount of stamp duty is usually a percentage of the value of the transaction you are undertaking. Please follow the link below for detailed information on stamp duty rates.
Where can I find more information?
Please contact one of the offices listed below between the hours of 8:00 am and 4:00 pm Monday to Friday except public holidays.
Inland Revenue Division
Ground Floor
Trinidad House
Edward Street
Port of Spain
Trinidad, West Indies
South Regional Office
Inland Revenue Division
Cipero Street
San Fernando
Trinidad, West Indies
Tobago Regional Office
Inland Revenue Division
Sangster's Hill
Scarborough
Tobago, West Indies
For more information or if you have questions, please contact The Board of Inland Revenue. The above information is provided for information purposes only. We cannot offer advice on these matters.
