Selected Case Summaries

Refusal to waive stamp duty

Investigation | 19 December 2018
Ministry of Finance, Tourism, & Development (DATT)

The complainant and her husband bought a piece of property together. They applied for a stamp duty exemption even though only one of them was a first time Caymanian buyer. They argued that only ½ of the value of the property should be considered when determining whether to grant a stamp duty exemption.  

The Ombudsman concluded that to be considered for a waiver of stamp duty as defined by the Stamp Duty Law (2013 Revision), the applicant must fall within the criteria set out in the law. The Ombudsman agreed with the Ministry’s decision to consider the total value of the property. The Ombudsman did not support the complaint.