Stamp Duties Consolidation Act 1999 section 8B

Penalties: failure to deliver returns

Section 8B imposes a fixed penalty on any accountable person who fails to file a stamp duty return within the required time limit.

• A penalty of €3,000 applies where an accountable person fails to deliver an electronic or paper return relating to an instrument within the filing deadline.
• The filing deadline is 30 days after the date the instrument is first executed, as specified in section 2(3).
• Where there is more than one accountable person in relation to an instrument, each accountable person incurs the €3,000 penalty individually.
• The penalty applies regardless of whether the return was to be filed electronically or on paper.