The amended Finance Act for 2012 published in the Official Gazette on 15 March 2012 has done away with the three-rate sliding scale applicable since 1 January 2012 on share transfers (3% on the portion of the price below €200,000, 0.5% on that between €200,000 and €500,000.000 and 0.25% for that exceeding €500,000,000).

As of 1 August 2012, transactions in shares of listed or unlisted companies will effectively be taxed at a single rate of 0.1%, without any cap.