Tag Archive | "Real Estate Costs"

Reduction in Stamp Duty & Transfer Tax Likely To Boost Jamaica’s Real Estate Market

Monday, April 27, 2009

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Just last week, the Minister of Finance and the Public Service Audley Shaw announced in Parliament that effective January 1, 2010, stamp duty will be reduced from 4.5% to 3%, and transfer tax from 5% to 4% and it seems very likely that these reductions will help to boost Jamaica’s ailing real estate market. Obviously […]

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