Tag: Tenancy Agreement
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FIRS directs landlords, agents to charge six percent Stamp Duty on all tenancy, lease agreements
The Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge six percent Stamp Duty on all tenancy and lease agreements. The landlords/ property agents are to remit such collections to FIRS “so that they do not run foul of the Stamp Duty Act.” The tax agency gave the directive through a…