Is stamp duty paid on leases?

| 21/08/2019
Cayman News Service

Why rent when it seems you have to pay for stamp duty on your lease agreement no matter the length of time on your lease? I’ve never paid this stamp duty but if it is the case, it makes more sense to buy. Can you confirm that lease agreements regardless of the length of time accrue stamp duty and must be paid?

Read Auntie’s answer and comment on CNS Local Life

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