iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

IRAS stamp duty is a government levy applied on legal documents related to property and shares. This tax is relevant mainly for real estate transactions and transfer of ownership.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Stamp duty must be paid within a specific period after the document is executed, usually within 14 days.

These tools simplify compliance and ensure accurate payment. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.

Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in Singapore..

Staying more info informed about stamp duty saves time and prevents complications during transactions.