28 lines
739 B
Markdown
28 lines
739 B
Markdown
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<!-- generated: provider=openrouter model=arcee-ai/trinity-large-preview:free date=2026-02-19 source=book-5-chapter-02 -->
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# Stamp Duties
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## Definition
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Taxes imposed on legal documents and transfers of property, requiring that
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certain papers bear stamps of specified values, which generate revenue from
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the transference of property from the dead to the living or from the living
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to the living.
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## Source Chapter
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Book V, Chapter 2
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## Context
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Smith examines stamp duties as a method of taxing property transfers, noting
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their advantages in certainty and low collection costs, while also discussing
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their tendency to diminish the capital value of property and discourage
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productive investment.
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## Economic Domain
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General Theory
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---
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