Definition: Florida tax on certain documents, including real-property transfers and written debt obligations. The deed and loan documents can create different documentary stamp tax calculations.
Example
A closing statement separately accounts for deed-related and mortgage-related documentary stamp taxes.
Keep the distinction clear
The applicable tax base and rules depend on the document. Documentary stamp tax is separate from the nonrecurring intangible tax on debt secured by Florida real estate.
Related terms
State Documentary Stamp Tax on Deeds · State Documentary Stamp Tax on Notes · State Nonrecurring Intangible Tax on Mortgages
Keep studying
Documentary Stamp and Intangible Taxes
References: Florida DOR: documentary stamp tax
Pronunciation (US): dok-yuh-MEN-tuh-ree STAMP TAKS (capitals show stress)
Pronunciation reference: Merriam-Webster
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