Trebling of stamp duty is quick to take effect

Trebling of stamp duty is quick to take effect View Gallery
The Square in Tallaght had been quoted at in excess of €233 million

The move, introduced in the budget five days ago, is taking a toll on vendors who couldn’t shift their properties earlier in the year, writes Donal Buckley

Nama, its debtors, and opportunist funds will be among those to suffer as a result of the trebling of stamp duty on commercial property transactions, introduced in Budget 2018 last week.

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