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Ireland Exempts Listed Shares from Stamp Duty

|Approved Changes|Ireland
Ireland

According to an announcement from the Irish Department of Finance, Minister for Finance Michael Noonan has signed an order to provide an exemption from Stamp Duty on transfers of shares in Irish companies admitted to the Enterprise Securities Market (ESM) of the Irish Stock Exchange. According to Noonan, “The purpose of the measure is to encourage more investors to back Irish Small and Medium Enterprises, increasing the supply of equity available to SMEs for growth and job creation. It is al…

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