iras stamp duty 4.4 34
iras stamp duty 4.4 34
Blog Article
Stamp duty in Singapore by IRAS 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 website different scenarios. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.
Timely payment ensures smooth completion of transactions.
Staying informed about stamp duty saves time and prevents complications during transactions.