Duty is payable on both the rent and the premium.
|Rent||Rate of duty|
|Lease of a house or apartment for a term that is indefinite or does not exceed 35 years and where the rent does not exceed €30,000 per year||Exempt|
|In all other cases where the lease is for a term:|
|That is indefinite or does not exceed 35 years||1% of the average annual rent|
|That exceeds 35 years but does not exceed 100 years||6% of average annual rent|
|That exceeds 100 years||12% of the average annual rent|