David owns 210 shares in XYZ Ltd, an Irish company.
David sells the shares to you in a single transaction for €5,600.
David executes seven stock transfer forms, each of which transfers 30 shares valued at €800 to you.
Although the consideration in each instrument is less than €1,000, each instrument is part of a larger transaction. You must:
• file seven Stamp Duty returns (one for each stock transfer form)
• tick the box on each return stating that the transaction is part of a larger transaction.
You pay Stamp Duty on each stock transfer form.