Bill Stamp Act, Taxation Rates And Amendments.

 June 30th, 1864 Province of Canada passed 27-28 Victoria, chapter 4 titled “An Act to Impose Duties on Promissory Notes and Bills of Exchange” (Bill Stamp Act)
 August 1st, 1864
Bill Stamp Act came into force.
The tax rate was:
  • 3¢ per $100 and 3¢ per $100 or fraction there-after.
  • Duplicates were taxed a further 2¢ per $100 or fraction there-of.
  • Triplicates and any other copies were taxed at 1¢ per $100 or fraction there-of.
September 18th, 1865 The tax was extended 29 Victoria, Chapter 4, to all notes and bills of whatever amount.
October 1st, 1865  Effective this date, it would no longer be necessary that a signature or initials be placed on each stamp. Stamp cancellations were permitted by handstamping each stamp with the current date.
 January 1st, 1866
New tax rates became effective:
  • 1¢ on papers executed singly, up to $25.00
  • 2¢ from $25.01 to $50.00
  • 3¢ from $50.01 to $100 and 3¢ per $100 or fraction thereof.
  • Duplicates were taxed a further 2¢ per $100 or fraction there-of.
  • Triplicates and any other copies were taxed at 1¢ per $100 or fraction there-of.
    •  December 21st, 1867 Third Series, 31 Victoria, Chapter 9. Bill stamp legislation that applied to the Province of Canada was to continue to be applicable to the New Dominion. Duty payable in Nova Scotia was to be calculated in the Provinces currency. (Discounted at 2 2/3% the value of currency being used in the rest of the Dominion).
     February 1st, 1868 New legislation became effective and the tax rates remained the same execept the tax was not applicable to instruments valued at less than $25.00.
    August 1st,1874 All instruments to be processed outside the Dominion of Canada were exempted. This was assented to 37 Victoria, Chapter 47 on May 26th 1874.
     May 15th, 1879
     41 Victoria, Chapter 17. An Act to amend and consolidate the Bill Stamp Act.
    Tax rate:
  • 1¢ on papers executed singly, up to $25.00
  • 2¢ from $25.01 to $50.00
  • 3¢ from $50.01 to $100 and 3¢ per $100 or fraction thereof.
  • Duplicates were taxed a further 2¢ per $100 or fraction there-of.
  • Triplicates and any other copies were taxed at 1¢ per $100 or fraction there-of.
  • Executed in more than two parts, 1¢ on each part per $100 or fraction there-of.
    • May 7th, 1880 43 Victoria, Chapter 24. Bill Stamp Act extended to the whole Dominion, to include not only the four founding provinces of Canada, but also BC, PEI, Manitoba, NWT, and the Dictrict of Keewatin.
    March 4th, 1882 45 Victoria, Chapter 47. Repeal of all tax provisions of the Bill Stamp Act.
    June 30th, 1882 The stamps were demonetized.

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