Stamp Duties Consolidation Act 1999 section 88

Certain stocks and marketable securities

Section 88 exempts transfers of certain investment fund units and non-Irish company stocks and marketable securities from stamp duty, subject to anti-avoidance restrictions where Irish property or Irish company shares are involved.

• No stamp duty arises on transfers of units in Irish investment undertakings, common contractual funds, investment limited partnerships, or foreign collective investment schemes.
• Transfers of stocks or marketable securities of companies not registered in the State are also exempt.
• Certain assurance-linked unit trusts administered by life assurance companies fall within the exemption.
• The exemption is withdrawn where the transfer relates to Irish immovable property or to shares in an Irish-registered company (other than an investment undertaking or a section 110 qualifying company).