Stamp tax is levied on the documents listed in the table annexed to Law No. 488. For proportional tax, the rate is applied to the amount stated in the document; the tax on a single document may not exceed a cap updated every year. Wage payments, severance pay and notice pay are also subject to stamp tax.
Source: Stamp Tax Law No. 488
Related terms
Provision for severance payThe liability recognised in the financial statements for severance pay payable when employees leave after meeting the statutory conditions.Withholding taxPersons and entities making certain payments withholding tax at the time of payment and paying it to the tax office on behalf of the recipient.Advance taxTax paid in advance during the year by income and corporate taxpayers, in quarterly periods, on current-period earnings.Arm's length principleThe principle that transactions between related persons should be carried out at the prices and on the terms that would apply between independent parties with no such relationship.Capital gainGains of individuals from disposing of certain assets and rights that are subject to income tax.Certified public accountant (SMMM)A professional authorised to keep taxpayers' books, prepare their financial statements and advise on accounting and tax matters.
Last updated: October 22, 2026 · This definition is for general information only.