Revenue Note for Guidance

The content shown on this page is a Note for Guidance produced by the Irish Revenue Commissioners. To view the section of legislation to which the Note for Guidance applies, click the link below:

Revenue Note for Guidance

Section 130 Assignment of policy of life insurance to be stamped before payment of money assured

An assignment of a policy of life insurance, if the assignment is chargeable to stamp duty, is invalid unless it is duly stamped. Anyone who pays on such a policy is liable to pay the amount of stamp duty due on the assignment together with any interest and penalty - see also section 59.

Relevant Date: Finance Act 2014