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. Stamp duty must be paid within a specific 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.
Overall, understanding IRAS stamp duty requirements is crucial for anyone involved in property or share transactions in Singapore..
Using IRAS online tools can help calculate your stamp duty website accurately.