Re: The 15% Stamp Duty on Writing Cheques
LOL, its not 15 "percent", its 15 "cent" per cheque.
It is called stamp duty (referring to the harp emblem that appear on the cheque, its printed these days)
whoever owns the chequebook will pay EUR 3.00 for a book of 20 cheques in advance, he pays this fee to his
bank who collect it on behalf of the revenue commissioners, a branch of the govenment.
stamp duty on cheques is unusual in an international context, and exists solely as a cashcow
for the govt