How much are documentary stamps worth?

Doc Stamps are calculated at a rate of $1.50 per 1,000.00 of the sales price.

What is the cost of doc stamps in Florida?

$.35 per $100
Documentary stamp tax is due on a mortgage, lien, or other evidence of indebtedness filed or recorded in Florida. The tax rate is $. 35 per $100 (or portion thereof) and is based on the amount of the indebtedness or obligation secured, even if the indebtedness is contingent.

What is a US documentary stamp?

Documentary stamps were used to show tax was paid on transactions documented on paper. Some of these stamps were later overprinted to be used for other purposes. US Stamps.

How much are documentary stamps in Oklahoma?

Documentary Stamp Tax, at a rate of . 75 per $500, must be paid on the purchase price of property or minerals at the time of recording. Proof of the purchase price must accompany the deed. A closing statement, notarized bill of sale or Affidavit of Purchase Price is acceptable.

Who will pay the documentary Stamp Tax?

The tax is paid by the person making, signing, issuing, accepting or transferring the documents. However, whenever one party to the taxable document enjoys exemption from the tax, the other party thereto who is not exempt shall be the one directly liable for the tax.

How do you calculate a documentary stamp?

Documentary Stamp Tax at $. 70 per $100, rounded up, based on the total purchase price. (Example: $50,051 rounds to $50,100 multiplied by 0.007, equals $350.70) Documentary Stamp Tax at $. 35 per $100, rounded up, based on the amount financed.

What is the use of documentary stamp?

The documentary stamp tax is an excise tax levied on documents, instruments, loan agreements and papers evidencing the acceptance, assignment, sale or transfer of an obligation, rights, or property incident thereto. The amount of tax is either fixed or based on the par or face value of the document or instrument.

When did US Documentary stamps of 1898 come out?

The six dollar denomination documentary stamp types of 1898 shown above were re-issued during 1900 . They are all printed in varying shades of gray, and each of the stamps is surcharged with an open value numeral. The five dollar denomination documentary stamp types of 1898 shown above were re-issued during 1902 .

When was the last US Documentary stamp issued?

The description detail for each denomination will appear ONLY ONCE. Subsequent detail listings will only contain the denomination and Scott catalog number. The two documentary stamps issued between 1962 and 1963, which are a different design, will be included at the end of PART 3.

When did the first US revenue stamp come out?

US revenue philatelists refer to these issues as the “REDS” . As would seem appropriate for US revenue stamps, these new stamps feature the portraits of former Secretaries of the Treasury. Various denominations of these documentary stamps were issued every year between 1940 and 1958 .

Is the 1 cent stamp overprinted in 1954?

During 1954, the 1 Cent through 20 Dollar documentary stamp denominations were NOT OVERPRINTED, as these particular stamps were used until the series was retired . The 30 Dollar through 10,000 Dollar denominations are all OVERPRINTED “Series 1954”.