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. This tax is relevant mainly for real estate transactions and transfer of ownership.
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.
Resources include step-by-step instructions and examples for different scenarios. Exemptions and click here 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..
If you plan to buy property or transfer shares in Singapore, checking IRAS stamp duty rules is essential.