Definition

Noun: A revenue stamp is a small piece of adhesive paper that is affixed to an object or document to provide official proof that a required government tax or fee has been paid.

Usage

A revenue stamp is used as a physical, verifiable receipt for a tax payment. It is typically purchased, then attached to the taxable item or legal document (such as a contract, deed, or liquor bottle) to indicate compliance with tax laws before the item can be legally sold or the document can be legally executed.

Examples

• The notary required a revenue stamp to be placed on the deed before it could be recorded.
• In the past, a revenue stamp was often seen on packs of cigarettes.
• The collector specialized in finding old documents with rare revenue stamps.

Advanced Usage

• "To bear a revenue stamp": This phrase describes an item or document that has the required stamp affixed to it, signifying it is legally compliant.
  • The imported goods could not be released until they bore the proper revenue stamp.

Variants and Related Words

• Fiscal Stamp: A direct synonym, emphasizing the stamp's role in government finance (fiscal policy).
• Tax Stamp: A more general term that can be synonymous with revenue stamp.
• Stamp Duty: This refers to the tax itself that is paid, for which the revenue stamp serves as proof of payment.

Synonyms

• Duty stamp
• Fiscal stamp
• Tax stamp

Related Phrases

• To affix a stamp: The action of attaching the revenue stamp.
  • The clerk will affix the revenue stamp to the license.
• Stamp tax / Stamp duty: The tax that necessitates the use of the stamp.
  • The new law increased the stamp duty on property transfers.

Noun

1. a small piece of adhesive paper that is put on an object to show that a government tax has been paid