Stamp Duty on Commercial Property in Ireland
How Much is Stamp Duty on Commercial Property in Ireland?
When buying commercial property in Ireland, one of the key financial considerations is stamp duty. Stamp duty is a tax that must be paid when purchasing a property. It’s important for potential buyers to understand how much stamp duty they will owe, as it can significantly affect the overall cost of the purchase.
What is Stamp Duty?
Stamp duty is a tax levied by the Irish government on the transfer of ownership of a property. In the case of commercial property, stamp duty is paid on the purchase price or the market value of the property, whichever is higher.
Stamp Duty Rates for Commercial Property in Ireland
As of 2025, the stamp duty rate for commercial property in Ireland is 7.5%. This applies to both the purchase of land and buildings used for commercial purposes, including offices, retail, industrial, etc.
Conclusion:
Stamp duty on commercial property in Ireland is an essential consideration when making a property investment. At a rate of 7.5%, it can represent a significant cost in addition to the purchase price. Buyers should ensure they understand how much stamp duty will be due.
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