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

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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