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Stamp Duty Policy Brief

Seeing the still hot discussion regarding the Stamp Duty Policy, idEA as the Association that oversees companies in the digital ecosystem held a Public Discussion discussing the potential implementation of the relaxation of the Stamp Duty policy on Thursday, June 16th online via Zoom. The agenda aims to encourage joint discussions between policy makers, industry players, academics and the public so that they can create a Stamp Duty policy that is in line with the development of the digital economy.

From the public discussion, several main recommendations can be drawn, including excluding the terms and conditions (T&C) documents as the object of stamp duty, delaying the time when the stamp duty is due only when needed in court, as well as limiting the scope of the object of stamp duty only for the above transaction documents. 5 million.

For more complete information on recommendations and event summaries, you can download the Policy Brief on the implementation of T&C on the Digital Platform by clicking here.