Other Free Encyclopedias :: Law Library - American Law and Legal Information :: American Law Encyclopedia Vol 9

Stamp Tax

A pecuniary charge imposed upon certain transactions.

A stamp tax is, for example, levied when ownership of real property is transferred. The tax is paid either by purchasing stamps that are then glued to the deed or by the use of metering machines that imprint the stamps on the deed.

User Comments Add a comment…

Henry Stanbery [next] [back] Stamp Act