Stamp duty is a tax imposed on certain legal documents, typically in the context of property transactions. Here are ten lesser-known facts about stamp duty:

1. Historical Origins: Stamp duty dates back to 1694 in England, introduced to fund war efforts against France.
2. Global Application: Many countries have their own versions of stamp duty, including the UK, Australia, India, and Hong Kong.
3. Not Just for Property: In some jurisdictions, stamp duty can apply to various transactions, including stocks, bonds, and even insurance policies.
4. Progressive Rates: In many places, stamp duty rates increase progressively based on the value of the property.
5. First-Time Buyers Relief: Some countries offer stamp duty relief or exemptions for first-time homebuyers.

6. Digital Stamps: With advancements in technology, many countries now use digital stamping methods, making the process more efficient.
7. Lease Agreements: Stamp duty can also apply to lease agreements, not just property purchases.
8. Transfer Duty: In some regions, stamp duty is referred to as transfer duty, reflecting its application to the transfer of ownership.

9. Revenue Generation: Stamp duty is a significant revenue source for governments, often used to fund public services and infrastructure.
10. Regional Variations: Within countries, different regions or states may have varying stamp duty rates and regulations.

Understanding these nuances can help individuals and businesses better navigate their financial and legal obligations regarding stamp duty.