iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
IRAS stamp duty regulations is collected by the Inland Revenue Authority of Singapore on qualifying instruments. Commonly, stamp duty applies to property purchases, leases, and share transfers.
For property buyers, the rate depends on the purchase price or market value. 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. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.
Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in more info Singapore..
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.