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. 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. Failure to pay on time can result in penalties and fines.

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 click here or share transactions in Singapore..

If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.