Question

Where should I show the stamp duty payments on share issues? Share issues requires a payment of government stamp duty of 0.1% in my country.

Answer 1

Note IAS 32.37
"An entity typically incurs various costs in issuing or acquiring its own equity
instruments. Those costs might include registration and other regulatory fees,
amounts paid to legal, accounting and other professional advisers, printing costs
and stamp duties. The transaction costs of an equity transaction are accounted
for as a deduction from equity to the extent they are incremental costs directly
attributable to the equity transaction that otherwise would have been avoided."

Also refer  IAS 1.109.

So it is clear it needs to be recognized in equity statement.

Comments

how about SEC filing fees to authorize the increase of capital stocks? the fees were incurred PRIOR to issuance of shares but is necessary expenses. if the logic in deducting it in equity is because the amount raised by the company was reduced by the tax (stamp) that should have been paid by the investor, then the SEC filing fees should not be deducted because it is an expense the company has to pay and not the investor.