iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

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IRAS stamp duty refers to the tax imposed on certain documents and transactions. Commonly, stamp duty applies to property purchases, leases, and share transfers.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Stamp duty must be paid within a specific period after the document is executed, usually within 14 days.

These tools simplify compliance and website ensure accurate payment. 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..

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