iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

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

Resources include step-by-step instructions and examples for different scenarios. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific read more property types.

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

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