iras stamp duty​ 4.4 34

Wiki Article

Stamp duty in Singapore by IRAS is a government levy applied on legal documents related to property and shares. This tax is relevant mainly for real estate transactions and transfer of ownership.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Failure to pay on time can result in penalties and fines.

These tools simplify compliance and ensure accurate payment. 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 read more you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.