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. Stamp duty affects buyers and sellers involved in property deals.

The amount of stamp duty varies depending on the type and value of the transaction. Failure to pay on time can result in penalties and fines.

IRAS provides detailed guidelines and calculators online to help taxpayers determine the correct stamp duty amount. Some transactions qualify for reduced rates or exemptions based on eligibility criteria.

Timely payment ensures smooth completion of transactions.

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