iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

Stamp duty in Singapore by IRAS refers to the tax imposed on certain documents and transactions. Commonly, stamp duty applies to property purchases, leases, and share transfers.

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

Resources include step-by-step instructions and examples for different scenarios. It is important to check current regulations for any applicable concessions.

Timely payment ensures smooth completion of transactions.

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