Revenue eBrief No. 173/24

20 June 2024

Section 79 Associated Companies Relief

Section 79 of the Stamp Duties Consolidation Act 1999 provides for a stamp duty exemption to apply on certain instruments that have the effect of conveying or transferring a beneficial interest in property between associated bodies corporate. The exemption is generally referred to as ‘associated companies’ relief.

Section 79: Associated companies relief Tax and Duty Manual has been updated in Section 5.3.1 “Alternative conditions” to clarify that the treatment referred to in paragraph (g) does not apply where any of the conditions set out in paragraphs (c) to (f) apply in relation to the property.