Stamp Duties Consolidation Act 1999 section 128A

Obligation to retain records

Section 128A requires anyone with a stamp duty obligation to keep records that support their returns and any reliefs or exemptions claimed, and to retain those records for six years.

• Records must be kept by every accountable person and by anyone required to deliver a statement to Revenue under Part 9 of the Act.
• Records can be held in written form or in electronic, photographic or similar format.
• The retention period is six years, running from the later of the date the return is delivered or the date the duty is paid.
• A penalty of €3,000 applies where a person fails to retain records as required.