Stamp Duties Consolidation Act 1999 section 8A

Penalties: returns

Section 8A imposes a fixed penalty on persons who file stamp duty returns that do not accurately reflect facts and circumstances of which they are aware.

• A penalty of €3,000 applies where an electronic or paper return is delivered to the Revenue Commissioners that does not reflect the facts and circumstances known to the person filing it.
• The penalty applies to approved persons, authorised persons, or filers, as the case may be.
• The inaccuracy must relate to facts affecting the liability of the instrument to duty or the amount of duty chargeable.
• The relevant facts must be ones that the Revenue Commissioners require to be disclosed on the return.