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 check here period after the document is executed, usually within 14 days.
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 property types.
Timely payment ensures smooth completion of transactions.
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.